Ford reported a $1.6 billion third-quarter net income as its best-ever quarterly results in North America more than offset continuing losses in Europe. Revenue was $32.1 billion for the quarter. Pretax profits of $2.3 billion in North America more than made up for a $468 million pretax loss in Europe. Other regions were all in the black. The earnings per share of 40 cents beat the street’s expectations of 30 cents and year-ago’s 34 cents. “This is the third quarter in a row where we earned over $2 billion and had an operating margin over 10%,”
Comments: Bit of good news. Would love to know how many buyers were former customers of Chrysler and GM.
As a VERY happy Shelby driver, I am happy to contribute to Ford's success, even if my purchase was earlier in the year.
Glad to see Americans reward Ford. I don't think the punk, GM, or Chrysler have any idea how much anger they stirred up with their stealing. They used the law enforced, coercive power of government to take our money.
They are no different than any mafia and punk helped them.
Ford was on hard times in the '90s, but did a very nice turnaround a decade ago, and has had the highest quality American cars for several years now. I may switch from Mazda to Ford next time I buy a car.
My ancient BMW is on its last legs...I probably need to get another car soon. I will definitely think about getting a Ford again. I had a Granada from 78-80 (my dad's former company car) as my first car and it always treated me right.
Apparently, Ford has figured out something that 0bama Motors has not. Make a product that the consumers, at the right price, and people will buy it.
Hopefully, President Romney's Treasury Secretary will dump 0bama's GM stock. It will hit them hard, but whatever rises from the ashes will be more respectable than what it is now. Screw the UAW. Let them work the drive through far a while.
I had a trip to the Midwest in September. Rented a car, which turned out to be a Ford. I was really impressed. I usually drive either a BMW or a Mercedes, but I could not believe that Ford had made such a nice car. Good for them!
The auto bailout, which should really be called the union bailout, is such a flaming success that Chrysler was handed over to Fiat who is turn is going to ship it to China or maybe Europe, GM is going broke, and the taxpayers and bond holders got hosed. Wow. What a success.
My son-in-law who has never owned a Ford in his life finally saw the light and he bought a new Ford last month.
Hooray for Ford. My Coachman Van Motorhome is a Ford E-250. Has been great and always dependable on trips between Fla and KY. Being a van I have used it as a normal vehicle as well. Of course the trick is to change the oil often and rotate the tires and they'll run forever.
Now I must move on and it is for sale. Someone will get a bargain.
Despite the reprieve granted by President Obama, most of the 800,000 people in New Jersey who have been told their health policies can´t be renewed next year still don´t know whether they´ll get to keep their plans when it comes time to renew them in 2014. Insurance Commissioner Kenneth Kobylowski told a state Senate Commerce Committee hearing Thursday that not a single company has committed to renewing the old plans yet. He was invited to testify by state Sen. Nia Gill, the chairwoman of the committee and an Essex Democrat, about his decision last week to let insurance companies decide
Investigators probing the racist spray painting last month of the small-town Massachusetts home of an eighth-grade football player are now focusing on the 13-year-old boy´s mother. Andrea Brazier, mother of football player Isaac Phillips, is now being investigated as the sole suspect in a crime that shocked the town and nation when she blamed her son´s teammates for spray painting racist graffiti all over the family´s home. ‘Knights don’t need n*****s´ was found spray painted on the side of their Lunenburg home. The school cancelled the remainder of the Blue Knights´ season in response.
Robert Menendez beamed as a West New York School elementary school was named after him this afternoon. "I can think of no better tribute than having an elementary school named in my honor," the U.S. senator said at a ceremony at the 55th Street school, which previously was known as School 3. "It´s where it all began for me and I know my mother, who has passed away, would have been proud." (Snip) When he asked a crowd of sixth-graders sitting in the back of the auditorium what they dreamed of becoming some day, they shouted out career aspirations:
Despite the bumper-to-bumper decorations, Lynda Farley says she can see perfectly fine out of her minivan. And she was willing to drive more than 100 hours and 5,000 miles to prove it. The 62-year-old Kentucky woman made the nearly 12-hour, 800-mile drive from Edmonton, Ky., to Warren County "four or five times" in recent months to fight the $56 obstructed-view traffic ticket. Today, a New Jersey Superior Court judge in Belvidere tossed the ticket after ruling Farley´s view through the windshield wasn´t hindered by the political signs and figurines that cover her van.
Sydney — A brazen bird snatched a video camera that was recording crocodiles in northwest Australia and captured fascinating footage of its 70-mile journey across the country’s remote landscape. Wildlife rangers in Western Australia’s Kimberly region released video on Monday that reveals the sea eagle’s caper. The bird’s flapping wings can be seen as it grabs the device and takes off, and the eagle later poses for a selfie, poking its face into the camera lens. Rangers set up the motion-sensor camera along the Margaret River in May, hoping to record images of crocodiles. The camera, which is about
As toll increases go, the one that starts today is pretty moderate, at least for most of us: an extra 75 cents on your E-ZPass bill to drive a car across the George Washington Bridge. But truckers are being asked to dig a lot deeper — deep enough, they say, to cut into or even eliminate their profits. And some say they are now at a crossroads in terms of their willingness to take runs into and through the New York Metropolitan area. It will now cost those who pay cash to cross in the biggest rigs more than $100, and
A black Mercedes slows to a halt and the driver hurries to open the door for his celebrated passenger. The tip of a walking stick appears first, then, as it finds the pavement, lean fingers decorated with jewelled rings can be seen gripping its handle. After a few moments the stick is followed by its owner – a matriarchal old lady wrapped against the winter chill in a thick blue cardigan. (Snip) But don’t be fooled by her congenial smile and, above all, don’t get too close ... she is also Bulgaria’s grande dame of pickpocketing and proud of her
More young men in California rise in pitch at the end of their sentences when talking, new research shows. This process is known as "uptalk" or "valleygirl speak" and has in the past been associated with young females, typically from California or Australia.But now a team says that this way of speaking is becoming more frequent among men.The findings were presented at the Meeting of the Acoustical Society of America in California. "We found use of uptalk in all of our speakers, despite their diverse backgrounds in socioeconomic status, ethnicity, bilingualism and gender," said Amanda Ritchart, a linguist at the University of
How do you get your arms around the catastrophe known as Obamacare? Is it even possible? At this point, I’m not sure it is. The list of individual disasters which threaten to ruin one-sixth of the U.S. economy and what has been, up until now, the best healthcare system in the world is exhaustive, and exhausting. The examples I will identify here barely scratch the surface. First but by no means foremost, we have the supposedly new and improved HealthCare.gov. Except it’s not, even the visible part. Stories still abound of people still failing to get in or to get through the enrollment
The question all week long was this: Who are you going to believe, an illegal alien or the president of the United States of America? Obviously, if it’s a president who once went by an alias, Barry Soetoro, you go with Uncle Omar, 100 percent, no questions asked. And so it was that the White House finally admitted to another, uh, misstatement — despite previous denials, Barack/Barry did sleep on his beloved Uncle Omar’s couch in Cambridge when he first moved here to attend Harvard Law School (speaking of which, we’re still waiting to see the president’s grades and his LSAT scores). But the
DAVID CORN: I saw a president who remains frustrated with the political-media culture that he has to work within, and that he´s looking to rally people, students here, and supporters, and people within the media. CHRIS MATTHEWS: But David Corn, you skeptic. He came to us today. He came amongst us. CORN: He´s trying to rally people behind this vision that he´s been promoting for a couple years. FINEMAN: By the way, he did it the end here, today, Chris, not by defending specifics, but by explaining why he´s in the game to begin with. And I don´t know about you, he´s
The National Highway Traffic Safety Administration has announced a new five-year strategic plan to improve safety for elderly drivers and passengers. Although they are statistically among the safest on the road, the number of older drivers is increasing dramatically — and with it, that group´s numbers of injuries and deaths. Since 2003, the population of older adults, defined as age 65 and older, has increased by 20% and the number of licensed older drivers increased by 21% to 35 million in 2012, according to NHTSA. Last year, NHTSA reported that 5,560 people older than 65 died and 214,000 were injured
The most curious thing of all about the November jobs report released on Friday was the huge drop in the unemployment rate — and the fact that the Labor Department chose not to disclose that the data going into that figure are under investigation for falsification. On Nov. 19, I broke the news in my column that the Census Bureau, which collects data that goes into the jobless rate on behalf of Labor, had caught one of its enumerators fabricating interviews in 2010. The culprit said back then (and to me during an interview) that he was told to do so by
7. On the U.S. war with Iraq: “If there is a country that has committed unspeakable atrocities in the world, it is the United States of America. They don’t care for human beings.” Via cbsnews.com 6. On Israel: “Israel should withdraw from all the areas which it won from the Arabs in 1967, and in particular Israel should withdraw completely from the Golan Heights, from south Lebanon and from the West Bank.” Via jweekly.com 5. On the U.S. war with Iraq: “All that (Mr. Bush) wants is Iraqi oil.” Via cbsnews.com 4. Mandela on Castro and the Cuban revolution: “From its earliest days, the Cuban Revolution has also been a