{"id":108364,"date":"2017-07-26T22:27:17","date_gmt":"2017-07-27T02:27:17","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=108364"},"modified":"2017-07-26T22:27:17","modified_gmt":"2017-07-27T02:27:17","slug":"ford-makes-usd2b-in-2nd-quarter-of-2017-report","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/07\/26\/ford-makes-usd2b-in-2nd-quarter-of-2017-report\/","title":{"rendered":"Ford makes USD2B in 2nd quarter of 2017: report"},"content":{"rendered":"<figure id=\"attachment_104908\" aria-describedby=\"caption-attachment-104908\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/06\/Ford-car.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-104908\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/06\/Ford-car-300x147.jpg\" alt=\"File: Ford attributed the increases to better performances in auto markets of North America, Europe and the Asia Pacific region. (Photo: Ford Motor Company\/Facebook)\" width=\"300\" height=\"147\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/06\/Ford-car-300x147.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/06\/Ford-car-768x376.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/06\/Ford-car.jpg 1000w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-104908\" class=\"wp-caption-text\">File: Ford attributed the increases to better performances in auto markets of North America, Europe and the Asia Pacific region. (<a href=\"https:\/\/www.facebook.com\/ford\/photos\/a.294205560048.184710.22166130048\/10154343195890049\/?type=3&amp;theater\">Photo: Ford Motor Company\/Facebook<\/a>)<\/figcaption><\/figure>\n<p style=\"background: white;margin: 15.0pt 0in 15.0pt 0in\"><span style=\"font-size: 10.5pt;font-family: 'Helvetica','sans-serif';color: black\">CHICAGO, July 27\u2014 Ford Motor Company reported on Wednesday a profit of USD2 billion in the 2nd quarter of 2017, up 3.7 percent from a year ago.<\/span><\/p>\n<p style=\"background: white;margin: 15.0pt 0in 15.0pt 0in\"><span style=\"font-size: 10.5pt;font-family: 'Helvetica','sans-serif';color: black\">Its Q2 total revenue was USD39.9 billion, also up year over year.<\/span><\/p>\n<p style=\"background: white;margin: 15.0pt 0in 15.0pt 0in\"><span style=\"font-size: 10.5pt;font-family: 'Helvetica','sans-serif';color: black\">Ford attributed the increases to better performances in auto markets of North America, Europe and the Asia Pacific region.<\/span><\/p>\n<p style=\"background: white;margin: 15.0pt 0in 15.0pt 0in\"><span style=\"font-size: 10.5pt;font-family: 'Helvetica','sans-serif';color: black\">&#8220;This quarter shows the underlying health of our company with strong products like F-Series and commercial vehicles around the world,&#8221; said Ford President and CEO Jim Hackett.<\/span><\/p>\n<p style=\"background: white;margin: 15.0pt 0in 15.0pt 0in\"><span style=\"font-size: 10.5pt;font-family: 'Helvetica','sans-serif';color: black\">Meanwhile, Ford Credit pre-tax profit stood at USD619 million , up 55 percent from the same period last year.<\/span><\/p>\n<p style=\"background: white;margin: 15.0pt 0in 15.0pt 0in\"><span style=\"font-size: 10.5pt;font-family: 'Helvetica','sans-serif';color: black\">Hackett, who took the helm of Ford since May, 2017, has been strengthening the company&#8217;s automotive business and accelerating strategic shift.<\/span><\/p>\n<p style=\"background: white;margin: 15.0pt 0in 15.0pt 0in\"><span style=\"font-size: 10.5pt;font-family: 'Helvetica','sans-serif';color: black\">Among the plans, Ford has announced to move the production of its new Focus to China by 2019. The automaker is also making big investments in driverless technology.(Xinhua)<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHICAGO, July 27\u2014 Ford Motor Company reported on Wednesday a profit of USD2 billion in the 2nd quarter of 2017, &hellip;<\/p>\n","protected":false},"author":33,"featured_media":104908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,17],"tags":[3421,3086,19853],"class_list":["post-108364","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","category-news-w","tag-chicago","tag-ford","tag-motor-company","mauthors-xinhua-news-agency-via-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/108364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=108364"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/108364\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/104908"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=108364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=108364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=108364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}