Industry | 2010.01.28
Ford Turned a Profit in Tumultuous 2009; Edmunds.com Comments
SANTA MONICA, Calif.--(BUSINESS WIRE)--Today Ford Motor Co. reported a $2.7-billion profit for 2009, one of the worst years in decades for global vehicle sales and auto company profits. The automaker boldly declared it plans to be profitable for all of 2010. In 2009, Ford gained market share for the first time since 1995 by posting sales only 15.6 percent lower than 2008, compared with the industry average drop of 21.2 percent. “Ford’s fortunes have vastly improved largely because th
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