Strong across the board
While China has been the biggest emerging-market success story for Ford in the last 12 months, the company is performing well in other Asian markets as well. Ford made double-digit sales gains in the rest of the Asia Pacific Africa region, which contributed to its growing market share and profitability overseas.
Ford still makes essentially all of its profit in North America, but the company’s recent results demonstrate that this situation will not last long. Losses in Europe are moderating, while South America is turning around, and the Asia Pacific Africa region appears poised for strong revenue and profit growth over the next several years. All of this will boost Ford’s earnings while also diversifying its profit base, which is good for the company’s long-run health.
The article Ford’s Asia Strategy Is Paying Off originally appeared on Fool.com is written by Adam Levine-Weinberg.
Fool contributor Adam Levine-Weinberg has no position in any stocks mentioned. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford.
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