Dearborn, Michigan – Ford Motor Co. earned money in every global region except South America last year, bringing in a whopping $10.8 billion in profits, triggering $9,300 profit-sharing checks to workers throughout North America.
Between big truck sales numbers, changes to pension accounting, and general strength throughout the year, the massive profit numbers are hardly surprising, and Ford officials say they expect to have similar earnings this year.
“We promised a breakthrough year in 2015, and we delivered,” says CEO Mark Fields.
For more details, go to The Detroit Free Press article spelling out Ford’s financial strengths, how profit sharing checks are calculated, and what’s in store for 2016.
Source: Detroit Free Press