Ford posts better-than-expected first quarter, confident of stronger 2019
'We still have lots and lots of work to do. It's the beginning of the game, it's not game over'
'We still have lots and lots of work to do. It's the beginning of the game, it's not game over'
Ford continues on its "fitness" regimen.
But year to date, GM's stock is up nearly 30 percent, while Ford is down almost 1 percent.
Company expects profit of $9 billion in 2017.
Good news out of Dearborn today, as Ford announced $3 billion in profit for the last quarter of 2013, a 90-percent increase over the same period of 2012. Net income for all of last year, meanwhile, jumped to $7.2 billion from $5.7 billion in 2012, while pre-tax profits sat at a decade-topping $6.9 billion for all of 2013.