Ford Posts $2.1 Billion Profit

By David Thomas  on April 27, 2010

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If there was one clear benefactor in the bankruptcy filings of GM and Chrysler, it was Ford. The company stayed out of court and government ownership, and that left it with a halo that helped sell a lot of cars — so many cars that its profits in North America alone totaled $1.2 billion in the first quarter. Overall, the company’s profit hit $2.1 billion worldwide, with the needle moving in South America, Asia and Europe.
 
It doesn’t hurt that Ford is also introducing well-received new products.

Ford Reports $2.1B Profit; Turnaround Ahead of Schedule (Detroit News)

Ford In The News


Managing Editor David Thomas has a thing for wagons and owns a 2010 Subaru Outback and a 2005 Volkswagen Passat wagon.  Email David