1996 Ford E-150 Conversion Van (traveler Byexplorer) on 2040-cars
Indianapolis, Indiana, United States
Body Type:Minivan, Van
Vehicle Title:Clear
Engine:5.8 Litre 351 V-8
Fuel Type:Gasoline
Make: Ford
Model: E-Series Van
Trim: Conversion - Traveler by Explorer
Options: CD Player
Safety Features: Anti-Lock Brakes, Driver Airbag
Drive Type: Rear Wheel Drive
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Mileage: 117,000
Exterior Color: Maroon
Disability Equipped: No
Interior Color: Tan - cloth
Warranty: Vehicle does NOT have an existing warranty
Number of Cylinders: 8 cylinder
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Thu, 24 Jul 2014While its crosstown competitors at General Motors are smarting over a drastic drop in net income to $200 million in the second quarter, Ford has reason to celebrate. The Blue Oval has announced its own Q2 financial results, including a growing net income of $1.3 billion, a $78 million increase over last year. Pretax profits for the company reached $2.6 billion, up $44 million from 2013, but total revenue dropped slightly to $37.4 billion, down from $37.9 billion. Profits per share before one-time charges totaled 40 cents per share, beating Wall Street analysts' expectations of 36 cents a share.
Regionally, the Blue Oval performed strongly, as well. North America posted a record quarterly pre-tax profit of $2.4 billion, a $119 million increase. Europe also showed signs of turn around with its first profit in three years of $14 million after a loss of $306 million in Q2 2013. Ford is actually predicting profitability in the troubled region in 2015. Asia Pacific operations also performed well with $159 million in profits, up $29 million from last year. The only region where the business posted a loss was South America.
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"Over the last 10 seasons we have been able to experience a great deal of success in Grand-Am," Chip Ganassi says, "and now with the dawn of the new United SportsCar Championship we feel that Ford power will be a key ingredient to writing the next chapter of our sports car program."
In the last Grand-Am season, CGRFS raced a BMW-Riley Daytona Prototype. The team has won seven Daytona Prototype championships, all in the past ten years. Scott Pruett and Memo Rojas return as the team's prototype co-drivers, and will attend their maiden race in the Ford-Riley at the Rolex 24 at Daytona in January.