Tags: Ford | Margins | Small | Cars

Ford Sees Margins Shrinking as Small Cars Gain Favor

Ford Motor Co. expects operating margins of about 10 percent in North America this year, down slightly from 2012, because the company expects a greater portion of its sales this year will come from smaller cars that are less profitable than trucks.

Higher costs associated with growing volumes also pinched margins, the No. 2 U.S. automaker said in a presentation prepared for an investor conference on Wednesday. Last year, Ford's operating margin in North America was 10.4 percent.

However, Ford expects a benefit from growing U.S. auto sales, higher market share and better vehicle prices.

© 2015 Thomson/Reuters. All rights reserved.

1Like our page
2Share
Companies
Ford Motor Co. expects operating margins of about 10 percent in North America this year, down slightly from 2012, because the company expects a greater portion of its sales this year will come from smaller cars that are less profitable than trucks.
Ford,Margins,Small,Cars
95
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved