Ford Makes Bank

Maybe American cars don't suck. With Ford reporting jaw-dropping profits for their third quarter, the $1 billion in profit provide some relief to our ailing economy. After years of on-going losses, this comes as a sigh of relief to both producer and consumer.

Ford reported that their third quarter profits totaled nearly $1 billion. Ford President and CEO Alan Mulally said the margin shows how Ford "is making tremendous progress." Production has also increased 5%. The reported profits come after years of losses.

The Cash for Clunkers program appears to have aided Ford in posting nearly $1 billion in profits. This astonishing third quarter seems to correlate well, but is it actually a causal relationship? We seem to be ignoring the 5% increase in Ford's production as well as an increase global automobile revenue.

• Bold: Provocative
  
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• Und: Analytical