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Cost-cutting boosts Ford profits

Source: BBC
Detroit : MI : USA | 27 days ago  
Views: 3
  • The Ford Motor Co's logo is seen on top of the Ford Motor Company World Headquarters in Dearborn
    The Ford Motor Co's logo is seen on top of the Ford Motor Company ...
    Source: Reuters
The Ford Motor Co's logo is seen on top of the Ford Motor Company ...
Pre-tax profit for the quarter came in at $997m, compared with a loss of $161m a year earlier...The US carmaker said it was making "tremendous progress despite the slump in the global economy". It also said it expected to be "solidly profitable" during 2011.
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  • News Source: Guardian Unlimited | 22 days ago
    Ford has made its first profit in the US for more than four years in the third quarter of this year, as cost cuts and improved sales boosted performance...Ford was the only one of the big three Detroit carmakers not to take a government bailout and...
  • News Source: BBC | 22 days ago
    Pre-tax profit for the quarter came in at $997m, compared with a loss of $161m a year earlier...The US carmaker said it was making "tremendous progress despite the slump in the global economy". It also said it expected to be "solidly profitable"...
Blogs
 >
  • Blog Source: www.goodasis.com
    Ford has announced profits of almost $1bn (£611m) between July and September thanks to increased market share and a successful cost-cutting programme. Pre-tax profit for the quarter came in at $997m, compared with a loss of $161m a year ...
  • Blog Source: www.leadingstory.net
    Ford announces profits of almost $1bn between July and September, thanks to increased market share and reduced costs.
  • Blog Source: www.forexinvestor.at
    Ford announces profits of almost $1bn between July and September, thanks to increased market share and reduced costs. Lesen hier die vollständige Nachricht.
  • Blog Source: blog.taragana.com
    The company lost more than $14.6 billion in 2008 and hasn't posted a full-year profit since 2005. While it made a profit in the second quarter, that was mainly due to debt reductions that cut its interest payments. Ford's North ... Ford Motor Co.'s
  • Blog Source: www.sfexaminer.com
    Ford reported a surprise $2.3 billion profit in the second quarter, mainly due to debt reductions that cut annual interest payments. Ford says it aims to return to a full-year profit in 2011. The company lost more than $14.6 billion in ... The
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  • codywillard

    @codywillard My latest - http://bit.ly/3xFutZ Sell Ford because it's already on welfare and it's still a balance sheet disaster $F $TM

    20 days ago
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    @pkafka Doesn't J&J know about the recovery? Cutting 7% of workforce.

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    @nateog Ford posts $1-billion quarterly profit http://bit.ly/30nlW9 RT @LATimesbiz

    21 days ago
  • michaelluo

    @michaelluo Interesting...NYT's @nickbunkley reports Ford posted a surprising profit in Q3, largely b/c of cost cutting. http://bit.ly/3IFYIr

    21 days ago
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    @carr2n Ford has gas in the tank and $1 billion in profits. http://bit.ly/17YxAS Avoiding bankruptcy and disruption, auto maker on way back

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  • MickiMaynard

    @MickiMaynard Follow @nickbunkley for more RT @nytimes: Ford Posts an Unexpected Profit of $997 Million http://bit.ly/eoSkr

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    @Kelly_Evans Ford smashes 3Q earnings expectations, posts 1st overall profit since 1Q08, first North Am profit since 2005. Will it last post-clunkers?

    21 days ago

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