Tag Archives: auto market

Ford's Profits & Promising Projections

On the brink of bankruptcy only one a year ago, Ford has seen an incredible recovery and is expected to report a $1 billion profit for the first quarter tomorrow. This is the largest hint the U.S. auto industry is rebounding more quickly thank expected. The profit announcement follows suite after last week’s announcement of [...]

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Toyota Recall & Massachusetts Residents

Toyota’s freeze on the productions of popular vehicle models and recall of 4.1 million additional vehicles may be reason enough take look at your own vehicle. Toyota announced last week accelerator pedals made by CTS may stick or slowly release from a depressed position on 2.3 million U.S-built cars and light trucks, causing them to [...]

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Ford Takes the Lead: Auto Industry In Recovery

Ford released a report this week of their first full-year profit since 2005. Over the past year Ford reports a $2.7 billion profit in 2009 and exceeded economists expectations in the fourth quarter. Ford forecasts another year of profits in 2010, a well needed change from the $30 billion losses between 2006 through 2008. It [...]

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