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Both Ford and G.M. Report Higher October Sales

Both Ford and G.M. Report Higher October Sales

October was a relatively good month for the auto industry, which is trying to build momentum in what has been a slow recovery.

 

Ford keeps rolling as net income jumps, debt eases

Ford keeps rolling as net income jumps, debt eases

Ford Motor Co. is on a roll. Its popular new cars and trucks are grabbing a bigger share of the U.S. market. It's about to erase a big portion of its health care debts. And Ford is adding a significant number of jobs for the first time in years.

 

Ford earns $2.7B in 2009, first profit in 4 years

Ford earns $2.7B in 2009, first profit in 4 years

Ford, the only U.S. automaker to avoid bankruptcy court, clawed its way to a $2.7 billion profit in 2009 and expects to stay in the black in 2010. It was the automaker's first annual profit in four years.

 

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