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Ford Makes $8.8 Billion Pre-Tax in 2011; $20.3 Billion Net

Friday,27 January | No Comments

By Todd Lassa @ Wide Open Throttle (WOT)

The latest auto car news written in the Todd Lassa reports...

DEARBORN, MICHIGAN – Ford Motor Company made net income of $20.26 billion in 2011 thanks to a one-time “special item” accounting procedure. That comes to $4.94 per share. Strip that away and the Blue Oval’s ’11 net pre-tax profit was a healthy $8.8 billion. That’s up from $8.3 billion in 2010, and with a ’11 [...] More.

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