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Ford set to see over $1bn improvement in operating earnings

April 18, 2019

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Ford’s Michigan Assembly Plant in Wayne, Michigan, has transitioned from C-Max hybrids and Focus compact cars to Ranger mid-sized pickup trucks and Bronco SUVs.

At a Bank of America Merrill Lynch conference in New York, Ford’s Jim Baumbick, vice president of enterprise product line management, commented: “The absolute change in profitability is over $1 billion EBIT and we expect over the long, normal cycle, that to continue to improve. That’s just an example of other choices that we’re making in the portfolio that are going to unlock additional value.”

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