Ford's North American business rescued its 4th-quarter profits

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North America delivered a $2-billion profit, while every other global region posted a loss.

 

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Ford misses profit estimates as pension and layoff costs erode earningsFord's reorganization plans showed up in its fourth-quarter earnings Wednesday as pension and layoff costs eroded the company's profit and caused it to miss earnings estimates — despite posting stronger-than-expected sales. Ford needs to stop making so many sedans. The consumer marketplace is demanding SUVs and trucks! The Unions don’t want to hear that reality but it is the truth. gwestr they won't last long
Source: CNBC - 🏆 12. / 72 Read more »