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Friday, July 23, 2010

Ford

Ford just posted a $2.7 billion profit in the second quarter. This is a huge boost to the American car manufacturer and a boost to the American car heavy psyche.

Recall how GM and Chrysler really came apart during the depth of the recession. Their own fault too considering they simply were not producing desirable vehicles, vehicles that reflected the changing need for better efficiency. They were stuck in post Bush oil mayhem.

I do not know the depth of economic complexity by any means, and I can only react from what I read in the news and such but in my opinion, and it is just opinion, this bodes well.

CNN: Ford swings to $2.7 billion profit

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