Turkey's Ford Otosan Q3 net profit falls 17 pct

ISTANBUL Fri Nov 2, 2012 7:55am EDT

ISTANBUL Nov 2 (Reuters) - Turkish automaker Ford Otosan posted a 17 percent fall year-on-year in net profit to 144.4 million lira ($81 million) in the third quarter, its results showed on Friday.

The company, a partnership between Ford Motor Co and Turkey's Koc Holding, said sales also fell 17 percent year-on-year to 1.98 billion lira.