Ford earns $5.66 billion in 2012

Profit offset by European operation’s $1.75 billion loss

Posted: January 30, 2013 at 3:08 a.m.

Joe Hinrichs, president of the Americas for Ford Motor Co., speaks during the unveiling of the F-150 Atlas concept truck at 2013 North American International Auto Show (NAIAS) in Detroit, Michigan, U.S., on Tuesday, Jan. 15, 2013. The Detroit auto show runs through Jan. 27 and will display over 500 vehicles, representing the most innovative designs in the world. Photographer: David Paul Morris/Bloomberg *** Local Caption *** Joe Hinrichs

Ford earned better-than-expected profits in 2012 as record results in North America trumped losses in Europe. It will have to do even better at home this year as the losses in Europe mount.

This story is only available from our archives.

Business, Pages 25 on 01/30/2013


« Previous Story

Losses shrink for U.S. Steel

U.S. Steel reported a smaller fourth-quarter loss Tuesday as carmakers and other manufacturers used more steel, and it said shipments should rise in the current quarter. Read »

Next Story »

BP to pay $4 billion in criminal case

A federal judge on Tuesday approved an agreement for BP PLC to plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties for the comp... Read »