Ford's Q4 $1.3 billion caps one of 'best years ever'
Source: USA Today
Ford reported fourth-quarter earnings of $1.27 billion and full-year 2013 earnings of $8.6 billion.
Ford called it "one of the company's best years ever."
Ford added to its fourth-quarter results by favorable tax "special items" of $2.1 billion, which outweighed special charges of $311 million. Netted-out, Ford's Q4 was $3 billion, or 74 cents per share.
The automaker said it had its best pre-tax profit in automotive operations in more than a decade -- $8.8 billion, leading to a record profit-sharing payout averaging $8,800 to all eligible union workers.
Read more: http://www.usatoday.com/story/money/cars/2014/01/28/ford-q4-earnings/4945763/
SoapBox
(18,791 posts)how about saving the art museum in DTW.
I know...silly me...executive bonuses to pay out.
closeupready
(29,503 posts)Blue_Tires
(55,445 posts)In fact it was a DUer (r.i.p.) who helped me get a discount...
Before then I'd been a hardcore Chevy/GM guy all of my life
RedSpartan
(1,693 posts)and absolutely love the thing. 42+ MPG, full size and looks great, too.