Despite the current economic struggles Ford Motor Company seems to be doing well. The company posted their best first quarter profit in a year since 1998. Not since 2008, but you read that right, since 1998. When the economy started to struggle vehicle sales began to go down. But Ford combined strong sales and improved pricing to post a strong 3 month period. Things are only looking positive to for Ford. Vehicle sales tend to go up in the summer months. Ford had a 22% improvement from this time last year. That speaks volume to how well the company is doing. A question for you to think about though. Do you think this hike in vehile buying is due to the gas prices? Maybe people are noticing gas prices are going to stay high so they are trading in their trucks and SUV's to buy more fuel efficient cars.
I don't really like ford, but since they are an american made car company i will say that i am proud of ford, because foreign cars are trying to take over, since they save more gas.
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