Ford 1Q Figures Surprise

Ford continues to show signs that its recovery programme is on track. Its first quarter results showed an earnings per share of $0.96, as against Ford’s forecast of $0.

45. The pre-tax margin was 4.7 per cent, up from 1.

9 per cent last year and -1.2 per cent the year before. The figures show that Ford has improved from one of the worst performing car companies to one of the best in less than two years.