Ford second-quarter results show sales continuing to rise
Jul 26th, 2011 | By | Category: News• Profits dip to $2.4bn on rising commodity prices and increased investment • Rival Chrysler reports a net loss of $370m after repaying government loans The US carmaker Ford has continued its winning streak, reporting its ninth consecutive quarterly profit as it bounces back from near disaster. But despite rising sales, Ford’s profits dipped 8% during the second quarter amid rising commodity prices and increased expenses as the company invested in new vehicles and paid off debt
