Mercury News

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.

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.

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.

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 Motor Company reported today its first pre-tax operating profit since the beginning of 2008.

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 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.

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.

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.

ASHLEY HALL: The global financial crisis downed the titans of world industry. Two of North America's biggest car companies went into bankruptcy.

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.

The Ford Motor Co's logo is seen on top of the Ford Motor Company World Headquarters in Dearborn, Michigan, October 26, 2009.

Union workers at the Ford Motor Company have refused to help the company make more cuts to its labor costs.

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 ...

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.

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 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.

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.

According to a report from Bloomberg , Ford will shift production of the Kuga small SUV from a plant in Saarlouis, Germany, to Louisville, Kentucky.