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Net income of the Ford Motor Company 2007-2018

Global net income attributable to the Ford Motor Company from FY 2007 to FY 2018 (in million U.S. dollars)

by I. Wagner, last edited Aug 29, 2019
Net income of the Ford Motor Company 2007-2018 Net income attributable to Ford came to almost 3.7 billion U.S. dollars in 2018. Net income was about four billion U.S. dollars lower than in 2017.

Market acceptance woes

The year-on-year decline of 4.05 billion U.S. dollars was mainly driven by losses in Ford's mobility segment and underwhelming automotive earnings. Both factors seem indicative of low market acceptance: Wholesale vehicle sales fell from 6.6 million to just under six million in 2018. The company had a particularly difficult year in the Asia-Pacific market, where vehicle sales were about 30 percent lower than in 2017.

Ups and downs for Ford

Net income attributable to the Ford Motor Company has been very volatile over the course of the past decade. The Detroit car manufacturer produced net losses of almost 15 billion U.S. dollars in the wake of the 2008-09 financial crisis. However, recovery was relatively quick, and the automaker brought net income close to 16.9 billion U.S. dollars in 2011. In 2014, Ford needed to recall vehicles with faulty airbags. The increased vehicle recall rate might have sparked concerns among consumers over the safety of Ford vehicles, but still, Ford's net income reached 7.7 billion U.S. dollars in 2017.
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Global net income attributable to the Ford Motor Company from FY 2007 to FY 2018 (in million U.S. dollars)

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