Earnings for Ford, the auto giant in the United States, in the first quarter of 2023 were about $1.8 billion, or 44 cents per share, compared to a loss of $3.1 billion, or 78 cents per share, same quarter. period a year ago.
The company announced detailed financial results for its Ford Blue, Ford Pro and Ford Model E units for the first time.
Ford Blue EBIT sales doubled to $2.56 billion, while Ford Pro EBIT sales tripled to $1.4 billion.
However, the company lost more than $60,000 per electric vehicle sold in the first quarter.
The company said its revenue in the quarter ending March was $41.5 billion, up from $34.5 billion a year earlier.
Read the Latest World News Today on The Eastern Herald.