Ford Posts $2.1 Billion Profit

Fordfiesta
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)
By David Thomas | April 27, 2010 | Comments (3)
Tags: Ford, In The News

Comments 

Nic

I personally do not like Fords but knowing this may just make me want to buy one. They deserve my business.

Ziggy

The have seemed to turn it around and they haven't introduced the new focus and fiesta...plus the other new products that are coming. Interesting to see what happens in the next 18 months.

Ziggy,
Yeah, Explorer and Edge should make money if not huge sales overall.New Mustang too.
Busy year for them.

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