Ford posts sixth consecutive quarterly profit
Published Wednesday, 27 October, 2010 by Patrick Peterson. Categories: Community Events, People, Finance, News.
Ford has posted its sixth
consecutive quarterly profit with a net income of $1.7 billion. That figure
marks the largest third-quarter earnings for the company since 1990, sailing
well above the $997 million Ford earned during the third quarter of 2009.
As a result of its earnings, the automaker said it will move to pay down its substantial debt sooner than anticipated and step up production for the fourth quarter by 20,000 units?
As a result of its earnings, the automaker said it will move to pay down its substantial debt sooner than anticipated and step up production for the fourth quarter by 20,000 units?