Ford Reports Record 1.7 Billion Q3 Profits

On October 26, 2010 Ford Motor Company reported record third-quarter profits, raised its production forecast and said it will speed up steps to pare debt.

Ford’s $1.7 billion in net income was up from $997 million a year earlier. The company said it will boost fourth-quarter vehicle output in North America by 20,000 units, an increase of 3.5 percent.

Ford overcame a loss in Europe in posting its 6th straight quarterly profit, and CFO Lewis Booth said the automaker will be “solidly profitable” in the current quarter, too.


About Automotive Training & Development

Automotive Training & Development provides sales training for automotive, marine, RV, and motorcycle dealerships. Our highly effective and affordable sales training programs can dramatically improve your bottom line. Training is the most cost effective way to increase sales and profits. AT&D offers three sales training programs that can be tailored to your needs: · Recruiting and training new sales associates · Retraining for Professional Sales Associates · Management Training and Support All of our programs come with a thirty-day guarantee.
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