Ford First Quarter Earnings Drop Due To Strong Dollar, Weak Sales

COLMA, CA - APRIL 28: New Ford F-150 pickups are displayed on the sales lot at Serramonte Ford on April 28, 2015 in Colma, California. Ford Motor Co. reported a 6.6 percent drop in first quarter earnings with net income of $924 million, or 23 cents a share, compared to $989 million, or 24 cents, one year ago. A higer than expecte tax rate and factory retooling to accomodate the new aluminum-bodied F-150 pickup contributed to the quarterly decline. The F-Series pickups accounts for 90 percent of Ford's global automotive profits. (Photo by Justin Sullivan/Getty Images)
COLMA, CA - APRIL 28: New Ford F-150 pickups are displayed on the sales lot at Serramonte Ford on April 28, 2015 in Colma, California. Ford Motor Co. reported a 6.6 percent drop in first quarter earnings with net income of $924 million, or 23 cents a share, compared to $989 million, or 24 cents, one year ago. A higer than expecte tax rate and factory retooling to accomodate the new aluminum-bodied F-150 pickup contributed to the quarterly decline. The F-Series pickups accounts for 90 percent of Ford's global automotive profits. (Photo by Justin Sullivan/Getty Images)
Ford First Quarter Earnings Drop Due To Strong Dollar, Weak Sales
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