Ford On The Path Of Profitability (F)

Ford Motor Co. (NYSE: F) posted a profit in 2009. Ford’s chief executive officer, Alan Mulally, has expressed his confidence that the company will continue its performance. He said, “We expect to see continued improvement in 2011, We’re clearly on a path now of profitable growth.”

He also said the company’s new models will help it in sustaining its profitability. He further stated, “The improving global economy is a slow gradual recovery especially in the United States, but with very solid fundamentals. Also, we’re bringing on more and more products.”