January 29, 2013
DEARBORN, Mich. -- Ford earned better-than-expected profits in 2012 as record results in North America trumped losses in Europe. It will have to do even better at home this year as the losses in Europe mount.
Ford earned $5.7 billion for the year, or $1.42 per share. That was down from $300 million, or $1.51 per share, in 2011, as a $1.75 billion loss in Europe took its toll.
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