Interview with Ford CFO Robert Shanks following Q1 profit - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

Interview with Ford CFO Robert Shanks following record first quarter profit

Posted: Updated:
Ford CFO Robert Shanks Ford CFO Robert Shanks
DEARBORN, Mich. (WJBK) -

Following a 1.6 billion first quarter profit, Ford CFO Robert Shanks talks to Murray Feldman about what the record means to the company now and moving forward.

Play the video to hear Shanks answer the following questions:

What is the strongest part of the company?

What is the weakest?

What about the Lincoln brand?  Will sales pick up with more product availability?

Do Wall Street expectations have any influence on the company?

Is the company forecasting another round of buyouts or will there be a period of hiring?

Ford says net income rose 15 percent in the first quarter to $1.6 billion as record North American profits overcame weakness in Europe and South America.

Revenue rose 10 percent to $35.8 billion.

Ford Motor Co. earned $2.4 billion in North America, where sales of its F-Series trucks and Fusion sedan and Escape SUV have been strong.

That offset a $462 million loss in Europe, where Ford's sales fell 20 percent during the quarter.

 

  • Murray FeldmanMurray FeldmanMore>>

  • More than 600 file lawsuit against GM over ignition switches

    More than 600 file lawsuit against GM over ignition switches

    Wednesday, July 30 2014 4:04 PM EDT2014-07-30 20:04:48 GMT
    Another legal bump in the road for General Motors. Now, a lawsuit has been filed by more than 600 people. They say they had GM cars recalled for faulty ignition switches and suffered injures, or are related to someone who died in a crash. They filed the lawsuit because they say they are not covered in the victims compensation program. Their problems came apparently after the bankruptcy. the law suit was filed in New York.The lawsuit filed Tuesday in U.S. District Court names 29 people who wer...
    Another legal bump in the road for General Motors. Now, a lawsuit has been filed by more than 600 people. They say they had GM cars recalled for faulty ignition switches and suffered injures, or are related to someone who died in a crash. They filed the lawsuit because they say they are not covered in the victims compensation program. Their problems came apparently after the bankruptcy. the law suit was filed in New York.The lawsuit filed Tuesday in U.S. District Court names 29 people who wer...
  • Money Monday: Social media safety

    Money Monday: Social media safety

    Monday, July 7 2014 9:31 AM EDT2014-07-07 13:31:18 GMT
    The internet is like an elephant -- it never forgets. While spoken words leave little trace and are quickly forgotten, written words endure in the online environment. Whatever you post, tweet, update, share -- even if it's deleted immediately afterwards -- has the potential to be captured by someone, somewhere, without your knowledge.
    The internet is like an elephant -- it never forgets. While spoken words leave little trace and are quickly forgotten, written words endure in the online environment. Whatever you post, tweet, update, share -- even if it's deleted immediately afterwards -- has the potential to be captured by someone, somewhere, without your knowledge.
  • Money Monday: No one has a crystal ball on the market

    Money Monday: No one has a crystal ball on the market

    Monday, June 30 2014 10:44 AM EDT2014-06-30 14:44:05 GMT
    Jonathan Citrin of Citrin Group talks about how make investments after so-called experts were flat wrong about predicting how the market will perform.Play the video in the player to see his interview with Murray Feldman.Click here to learn more about the Citrin Group.
    Jonathan Citrin of Citrin Group talks about how make investments after so-called experts were flat wrong about predicting how the market will perform.Play the video in the player to see his interview with Murray Feldman.Click here to learn more about the Citrin Group.
  • Do you plan to buy a Ford product in the future?

  • Thank you for participating in our poll. Here are the results so far:

    Yes -- within the next year
    67%
    12 votes
    Yes -- within next two years
    22%
    4 votes
    No
    11%
    2 votes
  • Local NewsLocal NewsMore>>

  • Boy with autism benefits from therapeutic listening

    Boy with autism benefits from therapeutic listening

    Thursday, July 31 2014 9:38 PM EDT2014-08-01 01:38:55 GMT
    Trevor Holzer is as active as any other 10 year old boy. just by looking at him, you wouldn't be able to tell he's affected by autismAs Trevor goes through his occupational therapy, he's got his own soundtrack.It's called therapeutic listening - the idea is to help Trevor with what's called sensory processing disorder. The goal of Easter Seals, making the world a better place for children with disabilities. As Fox 2's Deena Centofanti shows us, from an individual child to a team of players, i...
    Trevor Holzer is as active as any other 10 year old boy. just by looking at him, you wouldn't be able to tell he's affected by autismAs Trevor goes through his occupational therapy, he's got his own soundtrack.It's called therapeutic listening - the idea is to help Trevor with what's called sensory processing disorder. The goal of Easter Seals, making the world a better place for children with disabilities. As Fox 2's Deena Centofanti shows us, from an individual child to a team of players, i...
  • Detroit Police's 'Green Machine 40' stages crackdown of suspected drug houses

    Detroit Police's 'Green Machine 40' stages crackdown of suspected drug houses

    Thursday, July 31 2014 8:34 PM EDT2014-08-01 00:34:02 GMT
    Heavily armed members of the Detroit Police Special Response Team move in -- swarming this house on Tacoma with the state police helicopter overhead.This residence is believed to be a drug house where people were selling cocaine. No evidence and no arrests were found this time, but Detroit Police Chief James Craig says the message is loud and clear"We'll come back to this location and we'll send the owner a nice note and if we have to come back again we'll take it," said Craig. Elsewhere ther...
    Heavily armed members of the Detroit Police Special Response Team move in -- swarming this house on Tacoma with the state police helicopter overhead.This residence is believed to be a drug house where people were selling cocaine. No evidence and no arrests were found this time, but Detroit Police Chief James Craig says the message is loud and clear"We'll come back to this location and we'll send the owner a nice note and if we have to come back again we'll take it," said Craig. Elsewhere ther...
  • Romulus cop in hot water after road rage incident

    Romulus cop in hot water after road rage incident

    Thursday, July 31 2014 8:03 PM EDT2014-08-01 00:03:03 GMT
    An off-duty Romulus police officer is facing felony charges in connection with a road rage incident. Officer David Brooks is facing felonious assault and felony firearms charges after an investigation by Van Buren Township detectives.
    An off-duty Romulus police officer is facing felony charges in connection with a road rage incident. Officer David Brooks is facing felonious assault and felony firearms charges after an investigation by Van Buren Township detectives.
Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices