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Ford is a new profit

Unlike GM and Chrysler still facing significant losses, especially among Chrysler, Ford announced that his side has made profits in 2009.

Thus, it untap its first profits since 2005.

In total, the American company has garnered profits of 3.7 billion in 2009, face a loss of 14.7 billion recorded the previous year. This represents a profit of 86 cents per share.

Although forecasts manufacturer as well as the analysts predicted better results, it is undeniable that in the current circumstances, advertised by Ford figures are more than satisfactory.

Recall that Ford is the only American manufacturer has happened to government assistance, although it was all the same to face huge losses.

In addition, the year Ford had password proceeds to reduce its debt to the tune of 9.9 billion, or 38% of total liabilities facing, hovering around 30 billion dollars (U.S.).

Ford is a new profit picture #1

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