Ford Motors increased its advertising spending in 2021 from $2.8 billion to $3.1 billion. In comparison to the previous year, its research and development costs increased in 2021 as well. Let’s discuss ford advertising expense .
ford advertising expense Q1: 2022
$420 Million US Dollar in Q1-2022
ford advertising expense Q2: 2022
$450 Million US Dollar in Q2-2022
ford advertising expense for financial year 2022 is estimated to be $3 Billion.
ford advertising expense
ford advertising expenses from 2008 – 2022 :
| Year | Advertising expenses (Billions) |
| 2008 | $4.5 |
| 2009 | $3.2 |
| 2010 | $3.9 |
| 2011 | $4.1 |
| 2012 | $4.0 |
| 2013 | $4.4 |
| 2014 | $4.3 |
| 2015 | $4.3 |
| 2016 | $4.3 |
| 2017 | $4.1 |
| 2018 | $4.0 |
| 2019 | $3.60 |
| 2020 | $2.80 |
| 2021 | $3.10 |
| 2022 | $3.00 |
About Ford Motor Company :
is a well-known vehicle manufacturer with headquarters in Dearborn, Michigan, in the United States. The business was established in Delaware in 1919. Ford sells a wide variety of automobiles, SUVs, and trucks all around the world. Ford also offers luxury automobiles from Lincoln. The corporation has increased the selection of electric automobiles it offers.
Due to the pandemic, Ford’s net sales and revenue fell in 2020 compared to the prior year. 4.5 million vehicle units were sold by the corporation in 2020 as opposed to 5.5 million in 2019. In 2020, the business’s net revenue was $127.14 billion, down from $155.9 billion in 2019.
Ford is one of the top auto brands worldwide and has maintained a significant global presence.
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