Ford Motor has reported an operating profit of $2.2bn for the third quarter of 2012, compared to $1.9bn for the same period in 2011.
For the third quarter of 2012, the company posted a net income of $1.63bn, compared to $1.63bn for the same period last year.
The total revenue for the quarter decreased to $32.1bn, compared to $33.1bn in the year ago period.
Ford Credit reported a pre-tax profit of $393m for the quarter, a decrease of $188m from the same period in the corresponding year.
Ford said that its North American operations saw a profit of $2.3bn during the quarter, which is the third consecutive quarter for the region to post profits above $2bn.
The company lost $468m in Europe during the quarter and expects to lose $1.5bn for the full year of 2012.
Ford president and CEO Alan Mulally said, "While we are facing near-term challenges in Europe, we are fully committed to transforming our business in Europe by moving decisively to match production to demand, improve revenue through new products and a stronger brand, improve our cost efficiencies and take advantage of opportunities to profitably grow our business."
