The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up.
Net income in the first half of the year was also affected dropping from US$4.9 billion (€4.05 billion) in 2011 to US$2.4 billion (€1.98 billion) in 2012.
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