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Ford suprises all with 100 million dollar profits Q1

Posted in Ford by David | April 24th, 2008 | Leave a Reply |

henry ford

Just when the news media would like us all to believe our economy is going to tank and we are headed into a global depression of Ice Age proportions Ford Motor Co. comes out and saves the day.

FoMoCo surprised the industry and Wall Street today with the announcement of a $100 million profit for the first quarter of 2008, an improvement of $382 million from a year ago. The profit was due to strong European and South American sales which helped offeset the impact of sluggish U.S. sales.

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