Ford Motor Company (NYSE:F) has announced that is made an $8.8 billion pre-tax profit in 2011.

Ford Motor Company (NYSE:F) Posts Huge Profit

The US based auto maker giant Ford Motor Company (NYSE:F) has reported its 2011 results with its biggest results since 1998.

The company improved its auto sales in the year 2011 and reported $8.3 billion in pre-tax profits for the year.

Ford Motor Company (NYSE:F) says “it made major progress with its One Ford strategy in 2011 and insists it remains on track to meet its mid-decade goals. This year will see the rollout of the new medium-sized Fusion/Mondeo, the Escape/Kuga compact SUV, and the EcoSport sub-compact SUV, and will see a global expansion of the EcoBoost engine family.”

Ford Motor Company (NYSE:F) company shares are currently standing at 12.21.

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Last Price: 12.21
52 Week Low / High: 9.05 / 17.88
50 Day Moving Average: 11.09
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12 Month Price Change %: -35.0%