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Old 06-05-2016, 06:33 PM   #6
steve289
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Join Date: Oct 2011
Location: Melbourne
Posts: 119
Default Re: Ford Australia posts $162m loss for 2015 ---Wheels---

Yes in America they have made a record profit:
Profit Shifting to make the AU operations appear as not viable?

"Ford, the No. 2 American carmaker, on Thursday reported a record $2.5 billion in net income for the first three months of the year, an increase of 113 percent and more profit than in any other quarter in its 112-year history.
In North America, Ford’s operating profit doubled to $3.1 billion. It produced fewer vehicles on the continent than General Motors, but made about $800 million more in profit than its crosstown rival."


http://www.nytimes.com/2016/04/29/bu...tomobiles&_r=0
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