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>> FORD MOTOR COMPANY Latest News

APR 24, 2013 - Yahoo! News

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Ford quarterly profit beats, but growth push adds costs

By Deepa Seetharaman DETROIT (Reuters) - Ford Motor Co posted a higher-than-expected first-quarter profit on the strength of its North American unit, but overall structural costs spiked as the company took steps to re-invest in its global lineup and shore up its European operations. The No. 2 U.S. automaker paid an additional $900 million in manufacturing, engineering and other costs partly due to its efforts to ensure that Ford cars and trucks remain attractive in an increasingly competitive market for new vehicles. ...

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