Ford earns a whooping $997 million inthe third quarter.
It is the first operating proit of the company since early 2008.
Ford has turned round without taking government money.
The chief architect of this pretty recovery is the Chie Executive Officer Alan Mullally.
He has saved the company from filing bankruptcy.
General Motors and Chrysler restructured themselves by taking part in the stimulus.
Mullaly brought in profits by ensuing sales momentum and cleverly avoiding bail out package. Its shares gained by 20cents.
The managemnt envisages a strong profit in 2011
Certain hurdles are to be overcome.
Ford's entry into the equity market was kept low. The accrued $565 million was utilised to improve Ford's balance sheet.
Ford took incentives from the "cash for clunkers"programme.
It made a hatrick in loss making.The losses for three years mounted to $30 billion.
Ford is the odd man out.
The prediction that it would make sizeable profit in 2011 is a welcome sign.
In an year of acute recession , the results of this auto maker is encouraging.
Many more similar results are anticipated.
Earning profits not only strenghthen the company but pull the stock markets from the blue.
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