m477

Just saw the news today. Ford posted a profit of $2.3B for the second quarter. Also, their quarterly sales figures are up $2.4B over last quarter.

Not that everything is rosy just yet since sales figures for almost all car companies are still low compared to last year, but I think there's a good chance the industry has already bottomed out and is now moving towards recovery.

cajunrx8

Negative sir, only Ford had the gall to make the correct desicions and not take Govt money.
GM sucks, Mopar is in the crap house, only Ford is still kicking along.

Razz1

well Ford was forced into bankruptcy a few years earlier than the recession.

So in place of that route they refinanced, restructured, and prayed the Mustan would work.

Without the new Mustang they would be in the same boat.

911SC

Somehow i don't think one car can save a company. Just how many Mustangs did they possibly sell?

rodjonathan

iTrader: (6)

theyve always sold alot of mustangs especially v6's but thats not their only hit the 09 f150 is the top selling automobile so far this year even topping the camry by some significant numbers. theyre tryin and it shows

8 Maniac

iTrader: (1)

they definitely sell a lot of mustangs. But so far I've only seen 2 on the road. I've seen a few more camaros actually. Either way, they did something right. I can't say I'm a huge fan of ford, but it's good to see they might be turning things around a bit.

Lebren

iTrader: (5)

Ford owned part of Mazda, hence the profit J/K the mustang and focus are good sellers.