14 hrs ago | Jamaica Gleaner
Ford surprises with US$1b profit, sees profit in 2011
Ford Motor Company, the only US automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly US$1 billion in the third quarter and forecast a "solidly profitable" 2011.
Ford Posts $1 Billion Third-Quarter Profit
The Ford Motor Company posted a third-quarter profit of almost $1 billion US. The U.S. automaker said Monday it expects to be "solidly profitable" in 2011.
New Ford dealer forges ahead with plans
Seven months after acquiring a Stamford car dealership in the midst of the worst economic downturn since the Depression, the longtime employee who bought the company is buoyed by its progress and moving ahead with the next phase of his business plan.
Ford (F) Right Choice / Perfect Time
While General Motors and Chrysler have been bleeding U.S. taxpayers dry with their billions of dollars in bailout money requests, there is one U.S. automaker that not only has refused money from the federal government - they also announced today that they actually made a profit in the third quarter of 2009.
Ford Posts $1.1 Billion Third-Quarter Profit
Ford Motor Company reported today its first pre-tax operating profit since the beginning of 2008.
Car sales, good will positive for Ford
DETROIT: Ford has been riding a wave of positive public sentiment since it avoided bankruptcy and did not take federal bailout money - unlike General Motors and Chrysler.
Ford sees solid profit by 2011
Ford Motor Company on Monday posted surprise earnings of nearly a billion dollars in the third quarter and said it was on track to become "solidly profitable" by 2011 after years of painful losses.
Ford Posts Strong Financial Data, First Profit Since 2005
The rumors were true : Ford Motor Company has just published financials from the third quarter of 2009, and without being overly optimistic, it's fair to say that the data is moderately rosy.
The State of Michigan received some good and some not so good news today. First off, the Ford Motor Company announced a surprised $1 billion profit for the third quarter.
Ford Posts an Unexpected Profit of $997 Million
While its crosstown rivals stumbled through bankruptcy this summer, the Ford Motor Company pressed its advantage, and delivered surprising news on Monday that its cost-cutting efforts and improving sales helped it earn nearly $1 billion in the third quarter.
Australian Broadcasting Corporation
ASHLEY HALL: The global financial crisis downed the titans of world industry. Two of North America's biggest car companies went into bankruptcy.
Ford reports first North American profit in years
Ford Motor Company posted its first profitable quarter from its North American operations in almost five years as U.S. government incentives helped the auto giant keep from discounting its cars and trucks to the point of loss.
Ford seen narrowing loss, focus on cash burn
The Ford Motor Co's logo is seen on top of the Ford Motor Company World Headquarters in Dearborn, Michigan, October 26, 2009.
Forda s Plan to Cut Costs Falls Short in Union Vote
Union workers at the Ford Motor Company have refused to help the company make more cuts to its labor costs.
Ford to close St. Thomas auto plant next year
NEWS RELEASE CANADIAN AUTO WORKERS ************************* CAW reaches cost-cutting agreement with Ford, secures Canadian footprint TORONTO - - The CAW has reached a tentative agreement with Ford Motor Company that follows the pattern established at General Motors and Chrysler in the spring, while maintaining the company's manufacturing base here ...
Mercury Milan hybrid great on gas
COURTESY OF FORD MOTOR CO. The 2010 Mercury Milan hybrid is a beautifully styled car that has ample room for five people, one of the best-laid-out interiors in a family sedan and fuel economy that knocks the pants off its midsize competition, with EPA ratings of 41 mpg in the city and 36 on the highway.
Better 'Muscle' Engines Key to Detroit's Future and Climate?
JIM TANKERSLEY Reporting from Dearborn, MI In an upstairs test lab at the world headquarters of Ford Motor Company, engineers in white coats are revving up a turbocharged engine that screams with the muscle car power that once made Detroit the envy of the world.
Ford and Smith Terminate Partnership on Electric Transit Connect...
Ford Motor Company and Smith Electric Vehicles US have mutually agreed to terminate the development project of an electric car-derived van based on Transit Connect.
New Ford Fiesta Sales Top 500,000 Units in First Year; Roll-Out...
DEARBORN, Mich., Oct. 29, 2009; One year after its debut, more than half a million customers have purchased the new Ford Fiesta, marking an important milestone as Ford Motor Company prepares to bring the fuel-efficient, global car to the U.S. and other key Asian Pacific markets next year.
Ford Kuga to be Made in America; Could it Replace Escape?
According to a report from Bloomberg , Ford will shift production of the Kuga small SUV from a plant in Saarlouis, Germany, to Louisville, Kentucky.
Also on Topix