Thursday, January 28, 2010

There's a Ford in Our Future

by Janet Crain
Amid Toyota's problems and its self inflicted exacerbation of those problems, it's nice to hear that a traditional American company has posted a profit.

Ford Says It Made $2.7 Billion in 2009, Its First Annual Profit in Four Years

The Ford Motor Company said Thursday that it made $2.7
billion in 2009, and that it would be profitable in 2010 and
beyond. Ford says it benefited from cost-cutting, debt
reduction and popular cars and trucks like the Ford Fusion
sedan and Escape SUV. Ford's net income of 86 cents per share
rose from the year before, when it lost a record $14.6

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