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Big: Ford (F) has just announced a surprise quarterly profit, and it says it will be solidly profitable in 2011. Shares are up 5%. Full Article at The Business Insider
Related Articles
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Ford Motor Co. on posted surprise earnings of nearly a billion US dollars in the third quarter and said it was on track to become "solidly profitable" by 2011 after years of painful losses. Full Article at The Age
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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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Ford, the only large U.S. automaker to avoid bankruptcy in 2009, said the third-quarter results were supported by cost-cuts, improved credit results and increased market share in North America and other key areas. Full Article at International Business Times
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Ford Motor Co. earned $1 billion in the third quarter, fueled by U.S. market share gains, cost cuts and the government's Cash for Clunkers rebates. The Dearborn, Mich.-based automaker on Monday reported net income of $997 million, or 29 cents per share. Full Article at NPR
Related Quotes
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The Ford team delivered another solid quarter of results with strong contributions from all our business regions
SOURCE: The Business Insider -
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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We're just not sure about the strength of the recovery
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The Ford team delivered another solid quarter of results with strong contributions from all our business regions
SOURCE: The Car Connection
