Tuesday, April 26, 2011

Another Reason Why You Should Buy Ford

How is G M doing? 

Ford posts best 1Q profit in 13 years - Yahoo! Finance
"Dee-Ann Durbin, AP Auto Writer, On Tuesday April 26, 2011, 9:07 am
DEARBORN, Mich. (AP) -- Ford posted its best first-quarter profit in 13 years, as its new, more fuel-efficient vehicles reached showrooms during a surge in gasoline prices.

New arrivals such as the Ford Explorer and Fiesta small car are selling well. Company profits are growing around the world. And Ford is charging more for its cars, helping offset higher commodity costs.

Ford Motor Co. on Tuesday said its profit rose 22 percent to $2.6 billion profit, its best first-quarter performance since 1998. It was the company's eighth straight quarterly profit in its long climb back from near-bankruptcy five years ago."

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