Ford sees lower profits in 2016 for the cancellation of the Mexico plant

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fiscal 2016 almost a month ago that has finished, however there are still things to deal with what has happened in him. One of the main topics are the annual accounts of the major brands of cars in the world therefore, even if the year closes on a minute to minute accounts take a little longer to develop. Some firms such as Fiat Chrysler Cars (FCA) and General Motors have already made public and now it is the turn of Ford Motor Company.

The second manufacturer of cars largest in the united States has just made public their accounts 2016 and it seems that have not been those which they had desired. The signature blue oval has seen how the fall in sales in the south american market and for the construction of the plant that they were going to raise it up in San Luis Potosí (Mexico) passed bill to their numbers.

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This situation would be several obstacles to overcome for the brand for the new year. The first thing you would have to solve will be brake the fall in sales suffering in Latin america, the Middle East and Africa. The second bump is to compensate for the losses of the cancellation of the factory in Mexico with the benefits that they can obtain by manufacture in other plants of the group.

numerical values Ford Engine Company has lost respect of the last financial year of 2015 to 2,800 million dollars. This fall of its benefits has been assumed that the value of the shares of the firm have fallen by 3.3 percent. However these losses do not put the company in a critical situation since it is not the first time that the suffering nor have they been the worst in its history.

remains to Be seen if the 2017 represents a turning point for Ford and if in the united States the situation is more complicated in the face of new investments or hard braking of the market.

Source – Ford Motor Company

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