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TheAutoChannel.com
Ford Posts Third Quarter 2009 Net Income of $1 Billion; Cash Flow Turns Positive; North America Profitable(+)
THIRD QUARTER HIGHLIGHTS -- Ford again increased year-over-year market share in North America, South America, and Europe and continued to achieve improvements in transaction prices and margins. Full Article at TheAutoChannel.com
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Ford Motor Co.'s comeback continued during the third quarter as the automaker reported net income of $997 million or 29 cents per share, an improvement of $1.2 billion from the third quarter of 2008. Full Article at The Oakland Press
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Continuing its comeback effort, Ford Motor Co. reported a third-quarter profit of almost $1 billion as it cut costs and improved market share, making money in the crucial North American automotive market for the first time since the first quarter of 200... Full Article at Los Angeles Times
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Financial Results Summary Third Quarter First Nine Months ------------- ----------------- 2009 O/(U) 2009 O/(U) 2008 2008 ---- ----- ---- ---- Wholesales (000)(+) 1,232 57 3,377 (891) Revenue (Bils.) (+) $30.9 $(0.8) $82.9 $(26.2) Operating... Full Article at The Car Connection
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DEARBORN, Mich. - Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011. Full Article at Atlanta Journal Constitution Vendor
Related Quotes
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The third quarter is one the entire Ford extended team can be proud of because it proves that our product-led transformation is working
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Our third-quarter results clearly show that Ford is making tremendous progress, despite the prolonged slump in the global economy
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We're not sure about the strength of the recovery
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Our solid product lineup is leading the way in all markets
