Ford, the second-largest US automaker, said that in the fourth quarter 2016 net losses of 783 million dollars, or 20 cents per share, compared with a profit of $ 1.9 billion in the same period of 2015 . quarterly turnover fell by 4% to 38.7 billion dollars while the number of vehicles sold fell by 68,000 to 1.7 million.
However, the whole of 2016 Ford has achieved a net profit of $ 4.6 billion, or $ 1.15 per share, down 37.7% compared with 2015. Ford also recorded in 2016 a operating profit of $ 10.4 billion, the second best result in company history, and the annual turnover increased by 1.5% to 151.80 billion dollars. The total number of vehicles sold by Ford last year globally increased by 16,000 to 6.7 million.
Ford 2016 results were supported by solid performance in North America, where he recorded an operating profit of nine billion dollars and an operating margin of 9.7%. Regarding Europe 2016 Ford posted a record operating profit of 1.2 billion dollars, despite Brexitului. "It's a historic results," said CEO of Ford, Mark Fields, in an interview with CNBC, confirming that the US group would remain profitable in Europe in 2017 despite the depreciation of the pound sterling and the launch of new models such as the new generation of Ford Fiesta.
In Romania, Ford started production at the factory in Craiova in 2012, with the launch of the B-Max, the first product of this factory and the first 5 star EuroNCAP Romanian vehicle. Also in 2012, Ford launched EcoBoost engine production at Craiova. In early 2016 President - General Director of Ford Europe, Jim Farley, announced that the manufacturer will build SUV small EcoSport at the factory in Craiova since autumn 2017 model that will be sold in all European markets Ford less than in Russia, and will invest 200 million euros.
