Ford has taken down the U.S. rivals. Source: AP
HB DEARBORN . But in the second quarter remained Ford bottom line whopping 2.6 billion U.S. dollars (2.0 billion euros ). European customers contributed their part in this. It was the fifth consecutive quarter that Ford could report a profit . And in the rest of the year and beyond is to continue the good run. "We expect even better results in 2011 , "said CEO Alan Mulally on Friday. In the same period last year had Ford nearly 2.3 billion U.S. dollars worth , which had managed the company but only through a debt restructuring. wrote in the daily business Ford time losses.
Now if every single branch of the auto business was profitable and had improved compared to the same period last year , said the auto maker. Revenues , including the now sold to China subsidiary Volvo increased by 31 percent to 35 billion U.S. dollars , the debt decreased .
The market players had expected not nearly so good with numbers. Ford received praise from all sides. Even the pre-market price increased by five percent.
Ford is the only one of the three major U.S. automakers , who survived the serious crisis on its own. The company benefited from it now by market share gains , which could decrease the competition. When was the car sales in the U.S. Ford grow in the first six months of this year by 28 percent. The almost twice as much as the market was in total grew .
The rivals General Motors ( GM) Chrysler last year and had to file for bankruptcy , from which they found out only with massive government assistance. By now, but even among them , the situation improved markedly , GM is preparing his return to the stock exchange .
"Our business development this year and the growing success of our products gives us great confidence for the future, "said FordCEO Mulally . However, he asked himself the question whether Ford may hold in the second half of the fast pace of the first half . In the summer holidays are the factory that presses on the profit.
earned on the important domestic market Ford in the second quarter operating loss of 1.9 billion U.S. dollars for a 899 million U.S. dollars a year ago. Ford could higher prices prevailed.
In Europe , sales picked up slowly. That is still six times the operating profit to 322 million U.S. dollars , was primarily to savings. The old world has evolved to the development of wrought : So , the compact Focus now has in the U.S. to the top sellers . Ford brings just the smaller Fiesta across the pond .
Rethinking the Group had the aircraft Boeing Mulally has come triggered. He had to develop more fuel-efficient cars, lowered the high health and pension costs , and brought the plants into shape. The British luxury brands Jaguar and Land Rover sold Mulally as well as the Swedish subsidiary Volvo.
The U.S. Mercury brand he stamped one .