Ford posts $1.6 billion profit despite big European losses
Ford reported an overall profit of $1.6 billion despite mounting losses in Europe.
October 30th, 2012
08:24 AM ET

Ford posts $1.6 billion profit despite big European losses

Ford Motor reported earnings remained steady from a year ago as strong results at home helped balance out the soaring losses in Europe.

The company lost $468 million in Europe, bringing its losses there so far this year to just over $1 billion. Ford had already warned last week that it stood to lose than $1.5 billion in Europe this year.

Post by:
Filed under: Auto Industry • Automobiles
soundoff (12 Responses)
  1. banasy©

    Awww, my little jackertroll is paying attention to me *cute* when a 43 year old acts like he's 12...and female.

    October 30, 2012 at 6:39 pm | Report abuse |
  2. NUTenyahooFATHERofallARABS

    The United States and other Western countries have rejected Netanyahu's demand to set a limit for Iran and have urged him to refrain from military action to give diplomacy and sanctions a chance to work.

    Israeli Prime Minister Benjamin Netanyahu sought on Tuesday to convince Arab states that an Israeli military strike on Iran would benefit them,

    October 30, 2012 at 6:47 pm | Report abuse |
  3. NUTenyahooFATHERofallARABS

    conclusion- failed to win the U.S. election so must now win buy or rig Arab elections instead....

    October 30, 2012 at 6:49 pm | Report abuse |
  4. NUTenyahooFATHERofallARABS

    Chances of success as now the self proclaimed FATHER of all Arabs? 0 percent- a kind of cartoon of the NUT.

    October 30, 2012 at 6:52 pm | Report abuse |
  5. banasy©

    CLearly not raven.

    October 30, 2012 at 6:56 pm | Report abuse |
  6. JohnLennon- Banasy States RIGHTS

    Lynch however notes that finances are not the problem. “We have the money, we have the know-how – that’s the frustrating part,” he explained.

    The problem, according to Lynch and several energy and civil engineering experts, is the complex process of permissions across states, planning, constructing and meeting interstate and inter-regional regulations.

    October 30, 2012 at 9:01 pm | Report abuse |
    • banasy©

      Somebody is still projecting his mommy issues onto me; now the latest persona is "silly little man who has keyboard Tourette's.
      Tracked you again, Philip; you fool nobody, and your immaturity is staggering.
      You're 53.
      Time to gro up.

      October 30, 2012 at 9:54 pm | Report abuse |
    • banasy©

      "I never hijack a person's unique username"-Philip
      Proving once again that once a liar, always a liar.

      October 30, 2012 at 9:58 pm | Report abuse |

    Ford Motor reported earnings remained steady from a year ago as strong results at home helped balance out the soaring losses in Europe...

    October 30, 2012 at 10:11 pm | Report abuse |
  8. Bye bye US and its Dollar

    How long before ford becomes china runned?

    October 30, 2012 at 10:19 pm | Report abuse |
  9. Dey terk are jarbs!

    Did they take our jobs? Ir did they take our pollution.
    Currently, the USA accounts for about 4% of the world's population and produces 37% of the world's pollution.
    Imagine if all of the products we import from China and elsewhere were manufatured in the USA. Our smog would be such that we couldn't even breathe without wearing gas masks.

    October 31, 2012 at 5:42 am | Report abuse |
  10. Ron Scott

    Personally I wouldn't buy a Ford but good for them....not taking Monkeeman's bailout taxpayer dollars was a good decision that seems to be paying off, at least here @ home.

    October 31, 2012 at 4:51 pm | Report abuse |