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Ford surprises with $1B profit; sees profit in '11

- 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.... Read full article »
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  • +13 raves J E F F November 02, 2009 20:26:28
    J E F F
    Private Sector...1

    Big Gov't...........0

    Ford gave O baaa ma the finger and it paid off.....big time!
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  • +1 raves
    Sal the tactless wonder November 04, 2009 05:34:52
    Sal the tactless wonder
    FTA: In North America alone, Ford made $357 million before taxes, its first quarter in the black since early 2005. Ford said its controlled production and a string of new products, including the F-150 pickup and Taurus sedan, have allowed it to command higher prices. This summer's Cash for Clunkers government rebate program also gave the company room to drop costly discounts.
  • +1 raves
    laureenf November 03, 2009 16:30:08
    laureenf
    The only ones 'surprised' are the big government 'experts' that are ALWAYS 'stunned and surprised' when the people come through without them. Ford was smart not to take the hand-out and this is why we, the people don't want it either.
  • +2 raves
    mustangluver November 03, 2009 15:19:49
    mustangluver
    GO FORD!!! I knew they would come out on top!!!

    ford
  • +4 raves
    Mordecai Jones November 03, 2009 14:09:36
    Mordecai Jones
    How is this a surprise? Ford sold their pension plan to the Union some years ago and as a result they didn't go down the drain to become part of Government Motors.

    Ford knew, even if General Motors didn't, that the unions were strangling the American auto industry. This was not a private sector vs. big government issue. This was due to Bill Ford and his Executive Board. Bill Ford was the Executive Chairman of the Board of Directors of Ford Motor Company until 2006.]

    He recognized that the unions and the US government were the best thing that ever happened to the Japanese auto industry. He also realized that the unions were going to destroy the American auto manufacturers.

    The most deadly liability was the pension funds.
  • +2 raves
    Anti November 03, 2009 13:17:50
  • +3 raves
    Asher November 03, 2009 13:17:09
    Asher
    ahahahahahaha
    well thats a big FK YOU!!! to government run motors!!
    Go ford!!
  • +2 raves
    Ron November 03, 2009 13:06:42
    Ron
    Has it escaped everyone's attention that Government Motors is now offering a Deal that no company but one backed by the American Taxpayer can offer! Really now, a 60 day money back guarantee as long as you have not exceeded 4,000 miles. This is a blatantly unfair advantage to companies that are not under the Government protection plan!

    Who oversees the Government when these types of UnConstitutional advantages are provided. Congress? You have got to be kidding, they sat idly by while Deese sold Hummer to the Chinese for a whopping $150 Million.
  • +4 raves
    Velanarris November 03, 2009 11:57:49
    Velanarris
    It's simple.

    Anyone who took bailout money will fail. Anyone who decided to reclaim their place in the market unfettered by government regulation will succeed.
  • +3 raves
    ɟʇʇoɔs November 03, 2009 07:32:28
    ɟʇʇoɔs
    Ford is the only American car company building cars that Americans want. Look at the new Taurus SHO, twin turbo, great handling. Now look at Chevy, what do they have? Oooohhhh a Malibu!!!!
  • +2 raves
    mustang... ɟʇʇoɔs November 03, 2009 15:23:42
    mustangluver
    I was brought up on Ford and i will die with a Ford...LOL
  • +2 raves
    Jim November 03, 2009 07:00:07
    Jim
    Obama can't have this make no mistake he'll try to bring them down.
  • +1 raves
    mustang... Jim November 03, 2009 15:26:09
    mustangluver
    Ford was and always be a strong car company...they won't be brought down as long as ppl support them...I used to have a bumper sticker that said, BUY A FOREIGN CAR, PUT AN AMERICAN OUT OF WORK!
  • +3 raves
    reed67 November 03, 2009 06:44:11
    reed67
    Ford saw this coming & they were ready for it the other's were not.
  • +4 raves
    THE ONE November 03, 2009 06:13:43
    THE ONE
    IMAGINE THAT...THE COMPANY THAT OBAMA DOES NOT HAVE HIS HANDS ON IS DOING WELL....GO FIGURE.
  • +2 raves
    mustang... THE ONE November 03, 2009 15:26:43
    mustangluver
    100%
  • +1 raves
    wtw November 03, 2009 05:08:16 (edited)
    wtw
    The real story is that if the fricking union at ford does not start capitulating they will deserve to have the jobs shift to Mexico and other countries-listen union idiots--you are killing jobs in the US! You are going to follow steel workers, kodak and xerox workers to china. Bye Bye miss american pie--drove my ford to the levy and the levy was dry!!
  • +1 raves
    Supermama wtw November 04, 2009 05:28:53
    Supermama
  • +3 raves
    gcruz30 November 03, 2009 04:55:53
    gcruz30
    Woowhoo! I have 200 shares
  • +6 raves
    jerrbear November 03, 2009 03:29:40
    jerrbear
    It's really great to hear somthing positive about ford for a change, hear somthing positive ford change My first car was a 1967 ford!
  • +1 raves
    mustang... jerrbear November 03, 2009 15:31:03
    mustangluver
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