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Ford reports surprise $1B profit

Ford reports surprise $1B profit

Automaker says earnings were fueled by cost cuts and Cash for Clunkers rebates.

 

Ford’s Plan to Cut Costs Falls Short in Union Vote

Ford’s Plan to Cut Costs Falls Short in Union Vote

Changes to the workers’ contract that would have allowed cuts appeared headed for certain defeat.

 

Ford to report July sales jump

Ford to report July sales jump

Ford Motor Co. saw an increase in domestic sales this July over last, a Ford official told CNN Radio on Sunday. It was the first monthly sales gain claimed by a major automaker since the financial crisis began last year.

 

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