Ford profit plunges 39% in Q1 on weak US sales

Ford profit plunges 39% in Q1 on weak US sales (via AFP)

US auto giant Ford’s first-quarter profit plunged 39 percent on weaker sales in its key North America market amid severe winter weather. Net income was $989 million in the first three months of the year, down from $1.6 billion a year ago, the Ford Motor…