Ford Motor Co Reports Net Income of of $12.3 Billion in Q4 2021, Aims for Annual EV Sales of 600,000 Units by 2023

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Ford Motor Co Reports Net Income of of $12.3 Billion in Q4 2021, Aims for Annual EV Sales of 600,000 Units by 2023

​Ford Motor Co announced its fourth quarter earnings for 2021 on Thursday which included higher revenue as the company moves on from the semiconductor shortages that impacted vehicle production in 2021. The automaker’s Q4 results include revenue of $37.7 billion with net income of $12.3 billion. For the full year, Ford reported an operating profit of $10 billion and an operating margin of 7.3%.

Ford Motor Co Reports Net Income of of $12.3 Billion in Q4 2021, Aims for Annual EV Sales of 600,000 Units by 2023

2022-02-04 11:03

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