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Ford Motor Co. today said its profit fell 56 percent in 2014 as it introduced 24 vehicles around the world, including the new Mondeo in Europe.

Ford posted net income of $3.2 billion, down from $7.2 billion in 2013. It earned $52 million in the fourth quarter, marking its 22nd consecutive profitable quarter, but that was down from $3 billion in the same period a year earlier, when results were boosted by favorable tax benefits.

In Europe, Ford’s losses narrowed to $443 million in the fourth quarter, down from $559 million during the last quarter of 2013, and $1.1 billion on the year, down from $1.4 billion in 2013.



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Ford Global Profits Fall 56% Due To Soft Markets And New Product Investments

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