Ford Profits

The net profit of the automaker in the third quarter fell by one-third year on year to 835 million. Dollars. Revenues rise slightly to 35.8 billion. Dollars. Ford first nine months net profit of 3.1 billion. Dollars.

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The company had warned that profit this year will be under pressure from the release of new models, including the new Mustang, and the cost of new factories in Asia.

The company said it had invested heavily in new products such as closed plants in Dearborn pickups to replace its equipment for the production of F-150, which is expected to hit the market later this year.

“In the third quarter we continued to introduce an unprecedented number of new cars and invest massively in new technologies that will provide highly profitable growth next year,” the head Ford’s Mark Fields. 2015 company profit to surge to 8.5 to 9.5 billion. Dollars without one-off effects.