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FINANCIAL NEWS
Ford reports strong growth in ME sales
28 Jul 2010
(MENAFN) Ford Middle East announced that it has recorded a GCC-wide sales growth of 31 percent during the first six months of 2010 over the same period last year, Gulf News reported.
SUVs and trucks led the surge with 46 percent increases, while cars posted 18 percent growth in sales across the region driven by the new Ford Fusion and Taurus, the company said in a statement.
The Middle East results reflect Ford?s strength globally with the company posting nearly $4.7 billion first half net income after tax, a $3.85 billion improvement over the same period last year.
Ford Motor Company?s second quarter income after tax was registered at $2.6 billion, an increase of $338 million against $2.2 billion in the second quarter of 2009.
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