DEARBORN, Mich. AP - Ford Motor Co. posted a strong second-quarter profit Friday but trimmed its U.S. sales forecast and predicted weaker results in the second half as the economy slowly recovers.The automaker surprised Wall Street, making $2.6 billion in the quarter as it continued to grab sales from rivals. Ford's U.
July 23, 2010 at 12:00 AM
1 minute read
DEARBORN, Mich. AP – Ford Motor Co. posted a strong second-quarter profit Friday but trimmed its U.S. sales forecast and predicted weaker results in the second half as the economy slowly recovers.
The automaker surprised Wall Street, making $2.6 billion in the quarter as it continued to grab sales from rivals. Ford’s U.S. sales rose 28 percent in the first six months of this year. That’s almost double the pace of industrywide sales.
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