powertvmark
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<div>Half a decade is a long time to go without making any money. Imagine if you, dear reader, hadn’t earned a single buck in the past five years. You’d probably be living in a cardboard box in an alleyway somewhere, picking up cans for spare change. Ford, GM, and Chrysler have all been operating in the red for years now, but only the Blue Oval made any money in 2009.<br />
<br />
In fact, <a href="http://money.cnn.com/2010/01/28/news/companies/ford_results/index.htm?hpt=T2" target="_blank">according to CNN</a>, Ford made a nice chunk of change in 2009, raking in $2.7 billion in profits thanks to restructuring, Cash for Clunkers, and much better cars.<br />
<br />
<img src="http://www.stangtv.com/photos/data/515/ford.jpg" border="0" alt="" /> <br />
<br />
As you may recall, Ford was the only one of the Big Three to avoid a government bailout last December. This improved their perception with the car buying public. The government also launched the Cash for Clunkers initiative, and while the Ford Explorer was the most traded-in vehicle, the Focus was among the most purchased cars under the program. This certainly helped boost sales as well.<br />
<br />
But perhaps the biggest help was Ford’s vastly improved lineup of cars. A decade ago Ford was looking pretty crummy (see; Contour, Taurus, first-gen Focus). 2010 is looking like a huge year for the Blue Oval with the Fiesta, SHO, 5.0 engine making a comeback to the Mustang, and other big happenings. Now it should be noted that after taxes, Ford pretty much broke even. But compare that to 2008, when Ford lost over $7 billion. CEO Alan Mulally expects to post an even bigger profit in 2010. We say, it is about time!<br />
<br />
<iframe id='a5b121e0' name='a5b121e0' src='http://www2.powertvonline.com/digitalads/www/delivery/afr.php?zoneid=261&cb=567456' framespacing='0' frameborder='no' scrolling='no' width='650' height='300'><a href='http://www2.powertvonline.com/digitalads/www/delivery/ck.php?n=a0b47176&cb=46746' target='_blank'><img src='http://www2.powertvonline.com/digitalads/www/delivery/avw.php?zoneid=261&cb=758767&n=a0b47176' border='0' alt='' /></a></iframe></div>
<div>Half a decade is a long time to go without making any money. Imagine if you, dear reader, hadn’t earned a single buck in the past five years. You’d probably be living in a cardboard box in an alleyway somewhere, picking up cans for spare change. Ford, GM, and Chrysler have all been operating in the red for years now, but only the Blue Oval made any money in 2009.<br />
<br />
In fact, <a href="http://money.cnn.com/2010/01/28/news/companies/ford_results/index.htm?hpt=T2" target="_blank">according to CNN</a>, Ford made a nice chunk of change in 2009, raking in $2.7 billion in profits thanks to restructuring, Cash for Clunkers, and much better cars.<br />
<br />
<img src="http://www.stangtv.com/photos/data/515/ford.jpg" border="0" alt="" /> <br />
<br />
As you may recall, Ford was the only one of the Big Three to avoid a government bailout last December. This improved their perception with the car buying public. The government also launched the Cash for Clunkers initiative, and while the Ford Explorer was the most traded-in vehicle, the Focus was among the most purchased cars under the program. This certainly helped boost sales as well.<br />
<br />
But perhaps the biggest help was Ford’s vastly improved lineup of cars. A decade ago Ford was looking pretty crummy (see; Contour, Taurus, first-gen Focus). 2010 is looking like a huge year for the Blue Oval with the Fiesta, SHO, 5.0 engine making a comeback to the Mustang, and other big happenings. Now it should be noted that after taxes, Ford pretty much broke even. But compare that to 2008, when Ford lost over $7 billion. CEO Alan Mulally expects to post an even bigger profit in 2010. We say, it is about time!<br />
<br />
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