Analytical Ford Motor Company reported a surprising profit of nearly a $1 billion for the third quarter on Monday. The profit was unexpected and is the result from its Cash for Clunkers sales. This is the brightest outlook Ford has had since the company started losing money in 2005.
Provocative Ford Motor Company finally got out of its slump in sales when they reported nearly $1 billion in profits on Monday. People always claim that American cars don't last and you should always buy foreign, which is probably still accurate, considering the reason for Ford's recent success is its Cash for Clunkers sales rather than relying on their new automobiles. We'll have to see how "solidly profitable" Ford will be in 2011.
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