Monday, November 2, 2009

Ford Motor Summaries

informational
U.S. automaker, Ford Motor, reported a $873 million profit for the third quarter on Monday. Shares of Ford rose about 4% following the profit report. The company reported a total revenue of $30.9 billion in the quarter.

analytical
U.S. automaker, Ford Motor, reported a nearly $1 billion profit thanks to the Cash for Clunkers program. Because of the program's sales, Ford avoided filing bankruptcy. President of Ford and CEO Alan Mulally believes that the company is making tremendous progress even though the economy is in a slump.

provocative
A good sign for the U.S. automakers was made after Ford Motor reported a nearly $1 billion profit for the third quarter. If it wasn't for the Cash for Clunkers program, however, Ford could still be in a slump. It looks like a bright future is ahead for the U.S. economy.

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