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Ford's book the quarterly of the more than 900-million-euro one-time gain

Ford, the second quarter closed with a net profit of $ 1.1 billion, the euro 925 million, respectively. That makes it a Us trademark on Friday announced. This w

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Ford's book the quarterly of the more than 900-million-euro one-time gain

Ford, the second quarter closed with a net profit of $ 1.1 billion, the euro 925 million, respectively. That makes it a Us trademark on Friday announced. This was the result of a one-time accounting gain. Revenues and sales decreased, partly due to the coronacrisis process.

The number of deliveries decreased during the second quarter, with a 53 percent to 645.000 vehicles. The revenue was cut in half, and it came out of 19.4 billion dollars. Was able to Ford in the second quarter, the earnings-to-run, much to the satisfaction of the CEO, Jim Hackett.

"We have had a very strong second quarter run, in which we can have on each other's health, have in view, and that of our clients. In addition, we have provided a good basis for the future being laid."

through the first six months, however, continue to have negative numbers written on it. The halfjaarverlies amounted to $ 900 million in a verkoopdaling in the order of 37 per cent, and a decline in sales of 32 per cent.

for The quarterly, was also a major part of it is due to a one-time investment by Volkswagen, which Ford has a joint venture, in the department of autonomous driving: Dream of AI.

In the third quarter, Ford has counted on the arrival of the new F-150 pick-up truck, its most important vehicle. Also, with the release earlier this month unveiled the Bronco in the United States, a lot of attention. In addition, the electric Ford Mustang Mach-o on the market.

In Europe and is sailing to the mark, however, with the strong sales of Transit vans, and the demand for sport utility vehicles and crossovers, such as the new Kuga, and Durable. Ford is expected in the third quarter, with a gain of up to $ 1.5 billion.