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Ford posts best 1Q profit in 13 years

Ford posted its best first-quarter profit in 13 years, as its new, more fuel-efficient vehicles reached showrooms during a surge in gasoline prices. New arrivals such as the Ford Explorer and Fiesta small car are selling well. Company profits are growing around the world. And Ford is charging more for its cars, helping offset higher… Continue Reading Ford posts best 1Q profit in 13 years

Ford plans to hire 7,000 US workers by 2012

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Ford Motor Co. says it will add more than 7,000 workers in the U.S. over the next two years as it begins producing several new vehicles. The company plans to hire 4,000 manufacturing workers this year. Almost half those workers will be at the Louisville Assembly Plant in Kentucky that will make the new Ford… Continue Reading Ford plans to hire 7,000 US workers by 2012

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Ford Motor Co.’s third-quarter net income rose 68 percent as it grabbed a bigger share of the U.S. auto market and buyers paid more for its highly-rated cars and trucks. It was Ford’s sixth straight quarterly profit and the company’s best third-quarter performance since at least 1990. Ford CEO Alan Mulally said popular new cars,… Continue Reading Ford earns $1.7b in 3Q, pays down health care debt

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