Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

Ford makes 2 billion U.S. dollars in 2nd quarter of 2017: report

July 27, 2017


Abstract : Ford Motor Company reported on Wednesday a profit of 2 billion U.S. dollars in the 2nd quarter of 2017, up 3.7 percent from a year ago.

CHICAGO, July 26 (Xinhua) -- Ford Motor Company reported on Wednesday a profit of 2 billion U.S. dollars in the 2nd quarter of 2017, up 3.7 percent from a year ago.

Its Q2 total revenue was 39.9 billion, also up year over year.

Ford attributed the increases to better performances in auto markets of North America, Europe and the Asia Pacific region.

"This quarter shows the underlying health of our company with strong products like F-Series and commercial vehicles around the world," said Ford President and CEO Jim Hackett.

Meanwhile, Ford Credit pre-tax profit stood at 619 million U.S. dollars, up 55 percent from the same period last year.

Hackett, who took the helm of Ford since May, 2017, has been strengthening the company's automotive business and accelerating strategic shift.

Among the plans, Ford has announced to move the production of its new Focus to China by 2019. The automaker is also making big investments in driverless technology. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Ford

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial