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Ford posts $1-billion quarterly profit

The automaker credits Cash for Clunkers and cost cutting. It also sees a profitable 2011. 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.

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13:19 on November 2 2009

Ford posts $1-billion quarterly profit

L.A. Times - News — The automaker credits Cash for Clunkers and cost cutting. It also sees a profitable 2011. ... more info
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