Ford returns to profitability in Europe in record-breaking year
Source : Ford returns to profitability in Europe in record-breaking year
reveals financial statements of Ford increased pre-tax profits $ 3.5 billion in 2015
Ford announced in which This particular has sold 6635000 vehicles in 2015, helping to improve pretax profit within the period by $ 7.3 billion in 2014 to $ 10.8bn (£ 7.5bn), breaking previous records.
This particular can be an increase of $ 3.5bn, the value consists of $ 8.8bn (£ 6.1bn) by car sales along with value of 2.1bn $ (£ 1.5bn) by Ford Credit, which includes the purchase of personal contract, although not exclusively .
numbers, which have been published in Ford’s annual financial report, also confirms in which the brand has returned to profitability in Europe for initially since 2011, where sales volume rose 10 percent to 1.53 million units.
North America also saw, Ford’s largest market by far, significant levels of growth, with more than three million vehicle sales pushing pre-tax profits of up to $ 9.3bn discount (£ 6.5bn), $ 1.9bn more by the previous year.
grew the Asia-Pacific region faster, along with increase pretax profit by 29% to reach $ 765m with 1.5M car sales, along with entered the Middle East along with Africa region profitability for initially since its inclusion as a business. along with This particular helped these results to compensate for accumulated losses in South America, where the wholesale volume, revenue along with operating margin everything down
Overall, This particular saw the results of Ford’s growing influence by 0.2%; This particular today accounts for 7.3% of the market within the planet. Brand Blue Oval can also lay claim to being the largest commercial car salesman in Europe.
by across the Autocar Feed