© 2024 MICHIGAN PUBLIC
91.7 Ann Arbor/Detroit 104.1 Grand Rapids 91.3 Port Huron 89.7 Lansing 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Ford calls 2013 one of best financial years ever

Ford Motor Company

DETROIT (AP) - Ford says it expects 2013 to be one of the best financial years in its history with a pretax profit of about $8.5 billion.

The automaker expects 10% revenue growth, improved market share in all regions except Europe and stronger cash flow than a year ago.

The company released its forecast Wednesday ahead of a presentation to analysts by Chief Financial Officer Bob Shanks.

Ford also expects next year to be solid. It plans to launch the highest number of new vehicles in a single year in more than a century.

The Associated Press is an independent global news organization dedicated to factual reporting.
Related Content