Ford Motor Company (F): Here’s What You Missed

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The outlook: mixed, but brightening
Ford’s guidance for the full year remains unchanged. The company expects North America’s margins to come in around 10%, with full-year pre-tax profit somewhat higher than 2012’s. South America is still expected to roughly break even, though the company is concerned about ongoing currency risk in Venezuela and Argentina.

Europe is still expected to lose $2 billion this year, worse than 2012, as industrywide new-car sales seem to be finding new ways to get even worse every month. And the company expects Asia Pacific Africa to roughly break even, as impressive sales growth will continue to be offset by Ford Motor Company (NYSE:F)’s (also impressive) level of investment in the region.

The article Ford Posts Strong Profit on Big U.S. Sales originally appeared on Fool.com.

Motley Fool contributor John Rosevear owns shares of Ford. Follow him on Twitter at @jrosevear. The Motley Fool recommends Ford. The Motley Fool owns shares of Ford.

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