That Little Guy is a Fighter.

BBC reports,

WMC 5“Ford has announced profits of almost $1bn (£611m) between July and September thanks to increased market share and a successful cost-cutting programme.

Pre-tax profit for the quarter came in at $997m, compared with a loss of $161m a year earlier. Revenue was $30.9bn, down $800m on a year ago.

The US carmaker said it was making “tremendous progress despite the slump in the global economy”.

Ford’s shares closed up 8.3% following the announcement.

The firm also said it expected to be “solidly profitable” during 2011.”

read more at the BBC

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