Stale Green Light

Ford’s loss of only $638 million dollars this last quarter helped Ford’s stock rise on the unexpected news.

Ford is one of the few American car companies that have not received a government bailout in the last year. Due to cost cutting, accounting maneuvers, and a gain in market share throughout the world, Ford was able to cut losses in the last quarter. Company officials expect to return to profitability sometime in 2011. Read the rest of this entry »