Ford closed the fourth quarter of 2013 with better-than-expected net profits thanks to the results in the North American market, which offset the losses in Europe and South America. The figure rose to three billion dollars (74 cents per share), compared with 1,6 billion (40 cents per share) recorded in the same period of 2012.
The results show a tax benefit of $2,1 billion and charges of $311 million for retirements and layoffs last year in Europe. Adjusted for one-time items, Ford reported earnings of 31 cents a share, three more than analysts' expectations.
Following the release of those numbers, the stock jumped 3,7% in premarket.
