I would love to know what Ford Motor Co has done differently (as far as how they are structured) from GM or Chrysler. They just announced a 1B dollar profit for the last quarter. And they are the only major US car company not to have taken Recovery Act monies.
I don’t think it hurts that one or two of their cars are rated as high or higher by consumers, than Toyota and Honda. The Fusion was the last car I saw to top Honda in several categories of customer satisfaction.
You can read the PD report about Ford’s profit announcement here. One quote from the PD synopsis stood out for me:
“….the company made money in its basic business of making and selling cars. In recent years, most of Ford’s financial wins have come from positive results on lending and other activities while its automotive business lagged….”
Here is a blog post from April, written on the Consumer Reports website entitled the best car you don’t know about. (Ford Fusion)
At least there is some good news from the auto sector! Peace Out – 3C
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