Ford (NYSE: F ) reported a record third-quarter profit this past week. The company 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.
In South America, where Ford barely broke even a year ago, the company posted a handsome $159 million profit for the quarter. That gain came the old-fashioned way: Sales were up, and so were profits.
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 South America, explaining the high points -- as well as the areas where Ford says it still has work to do.
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