Thursday, April 28, 2016

Ford rakes in record $2.5b profit during Q1 of 2016

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Ford posted record profits in the first quarter of 2016, the company announced Thursday. Chief financial officer Bob Shanks said Ford enjoyed its best quarterly performance in history, generating operating profits of $3.8 biliion and a record profit margin of 9.8 percent.

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Ford rakes in record $2.5b profit during Q1 of 2016 originally appeared on Autoblog on Thu, 28 Apr 2016 09:30:00 EST. Please see our terms for use of feeds.

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