omarrana
omarrana
I hooked up my accelerator to my brake lights. I hit the gas, people behind me stop, and I'm gone.
View My AgentPage

Print this Page | Digg It | del.icio.us

Tags: Ford

Tag Link: Ford

Ford surprises with $100 million profit in 1st quarter
FoMoCo surprised the industry and Wall Street today with the announcement of a $100 million profit for the first quarter of 2008, an improvement of $382 million from a year ago. The profit was due to strong European and South American sales which helped offeset the impact of sluggish U.S. sales.

Ford’s first quarter pre-tax operating profit, excluding special items, was $736 million, up $669 million from a year ago. On an after-tax basis, Ford’s first quarter operating profit from continuing operations, was $525 million, compared with a loss of $172 million in the same period a year ago.

Ford posted strong profits of $739 million in Ford Europe and $257 million in Ford South America. Ford North America improved by nearly... Read Article
Ford surprises with $100 million profit in 1st quarter



Comments:

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters):
[img]IMAGE URL[/img]
Example: [img]http://agent004.myautospies.com/users/150/Sample-Gallery/sample1.JPG[/img]
silver1silver1 - 4/24/2008 12:17:08 PM
+1 BoostDrop the Boost Up the Boost
Wow!!!...I'm shock...Must be the Fusion or the Edge or both...

reply to this comment
Kraut_godKraut_god - 4/25/2008 9:48:43 AM
+1 BoostDrop the Boost Up the Boost
maybe GM could learn something from Ford.


silver1silver1 - 4/24/2008 1:40:03 PM
+1 BoostDrop the Boost Up the Boost
How did I forget, you are correct....thats how they did it...

reply to this comment
rockerrocker - 4/24/2008 4:20:37 PM
+2 BoostDrop the Boost Up the Boost
Either that or they have not handed out the executive bonuses yet. Does Matt Millen and the Detroit Lions get paid out of Ford funds?

reply to this comment
SpectatorSpectator - 4/24/2008 4:32:58 PM
-1 BoostDrop the Boost Up the Boost
Boss...

You know I could call that statment a conspiricy theorists rant...however to have a profit turn around in the US market of over 600million in one year and to say that you went from -282 million to a +100million difference in 1st quarter sales says to me that you must have released an entire new line up that was a huge success...which they didn't.

These numbers paint a picture of a company with one hell of a positive spin. I have the distict feeling that the 3rd quarter numbers will be drastically different from this. And for the reason you stated.

+1



reply to this comment
Agent63Agent63 - 4/24/2008 6:07:30 PMView My AgentSpace
+1 BoostDrop the Boost Up the Boost
Must be the news months ago that Ford was reportedly in talk with TaTa motors to say Ta Ta to Jaguar and Range Rover. Those two brands are too expensive to maintain. As well those brands are too premium for Ford to be as a parent company.

reply to this comment
S4cabriofoxoneS4cabriofoxone - 4/26/2008 10:40:48 PMView My AgentSpace
+1 BoostDrop the Boost Up the Boost
How are they "too premium?" Toyota owns Lexus, Nissan owns Infiniti, Volkswagen owns Audi and Honda owns Acura, so why can't Ford own Jaguar or Land Rover?
To post a comment for this story, you must first Login.

If you do not have an account, you will need to Register (It's Free!).

Most Recent Stories
The Genesis is stealing sales, but from who?Maserati MC Sport Line Package for the GranTurismoProduction 2009 Honda Insight Hybrid RevealedUAW Feels The Heat And Suspends Job Bank And Delays Trust Payments Until 2010The All New Mazda3 5 Door Hatch Debuts In BolognaDoes It Have What It Takes To Be At The Top? The 2010 Audi A5 and S5 Cabriolet - Quick Reference GuideOut of Time, Out of Money, Out of Options GM Spirals Into The AbyssPorsche Panamera Tuned by 9ff and Russian firm's Top Car and CardiBreaking: 2009 BMW Z4 UnveiledVolkswagen Scirocco Studie R Concept unveiled in BolognaAll-New Mazda3 Hatch Unveiled at Bologna Motor ShowDetroit's Big 3 request totals $34 billionMichelin presents Active Wheel systemAudi anticipates record sales in 2008Mitsubishi Lancer Sportback to feature Ralliart and GTS EditionsNovember Luxury Car Sales - Is Infiniti ready for a flagship?UPDATED: First Audi A5/S5 Convertible Photos- STUDS or DUDS? Why No Hardtop?V8 Car Cookout: Bratwurst (Audi S5), Beef Teriyaki (Lexus IS-F) or Bacon Cheeseburgers (Challenger SRT-8)?GM Says It Will Sacrific SAAB, Saturn, Hummer, And Hobble Pontiac For Federal FundsNissan Sales Sour By 44.4% In November: Infiniti Drops 28.0% UPDATED: Audi Sales Ends The Free Ride By Skidding 25.4% In NovemberDETROIT AUTO SHOW: Audi Flexes It's Muscle And Is Set To Debut V10 R8 Sports-CarHonda Civic sales down nearly 30%, Toyota Highlander sales up nearly 50%Chrysler Outpaces GM To The Bottom Of The Heap: November Sales Fall 47%Ford Asks Congress For $9 Billion In Stand By Credit But Has No Plans To Use ItGM Sales Out Does Them All In A Bad Way: Sales Implode 41.3% In November2010 Nissan GT-R Spec V Reportedly Will Cost $160,000 but Not Get More hpJaguar and Land Rover in Big Trouble as Tata on the BubbleMercedes Benz Sales Crumble 38.2% In NovemberMazda Sales Tank 31.3% For NovemberHyundai Makes Everyone Else Look Good In November By Falling 40%Porsche and BMW to Halt Production Honda Sales Falter 30.6% In November: Acura Freefalls 38.9%The World Bids Farewell to the YugoBMW Sales Plummet 36.1% Mini Sales Explode 43.1% In NovemberGM Ceases All Corporate Jet Flights: To Sell Remaining JetsToyota Sales Spiral In November Down 33.9%: Lexus Basement Bound Down 34.7%FOMOCO Sales Continue To Flatline: Down 30.6% In NovemberVolkswagen Finally Fumbles In 2008: November Sales Drop 19.2%Japanese and South Korean Car Sales Plummet in NovemberComparison Test: 2008 BMW M5 vs. 2009 Cadillac CTS-V vs. 2009 Mercedes-Benz C63The Big Three Bailout According to SNLNissan 370Z goes from 0 to 60 in the same time as the BMW M3Mulally chooses Escape Hybrid for D.C. road tripFisker to unveil production Karma Hybrid in DetroitToyota Halts Production And Cuts Management Bonuses To Maintain Positive CashflowChrysler says 2011 Charger and 300 will pass fuel-economy standards2009 GMC Yukon XL DenaliFORD CEO Alan Mulally Will Drive to Washington D.C. To BEG For Money - But What Car Will He Drive To D.C.? His Lexus, OR Perhaps Maybe a Ford Product?Industry Sales Likely To Be Down 28% In November GM May Fare Worse