Ford's Focus continues to be one of China's best-selling cars, and now the company is finding success with Chinese versions of the Escape and Fusion as well. Photo credit: Ford Motor.
Ford (F -0.12%) reported a record third-quarter profit this past week. The automaker earned $0.45 a share before taxes and special items, a number that blew away Wall Street estimates, as all of Ford's global regions delivered solid results.
Ford's Asia Pacific Africa region made a profit of $126 million, up $81 million from a year ago. The big story there is China, where Ford's sales growth has been stunning. Ford's sales in China are up more than 50% so far in 2013.
Fool contributor John Rosevear spoke with Ford's chief financial officer, Bob Shanks, shortly after the company's earnings were released on Thursday. In this video, he dives deeper into Ford's third-quarter results in the region, explaining the high points -- as well as the areas where Ford says it still has work to do.
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