Around the Net
Ford Leads In Vehicle Profit
- Detroit News, Tuesday, November 27, 2012 9:47 AM
All of Detroit's automakers are now making money. But Ford Motor Co. is making a lot more on each vehicle it sells than GM or Chrysler. Ford's third-quarter operating margin in North America was 12% — the highest since the company began breaking out regional margins in 2000. By comparison, General Motors’ margin was 7.8%, down 2.2 percentage points from the same period a year before. Chrysler Group LLC does not break out margins by region. But the Auburn Hills, Mich., automaker, which does most of its business in North America, reported a 4.6% operating margin.
