The Good News Begins

At this point, it was bound to:

Ford's decision to invest $850 million in metro Detroit factories -- a move that will create 1,200 jobs -- is the latest evidence of health in the domestic auto industry.

More evidence is on the way.

Ford, which earned $4.7 billion in the first half of the year, is expected today to report a third-quarter profit of more than $1 billion.

This is how recoveries happen.  Ford was is under no obligation to invest another dime in metro Detroit factories.  They seem to have a good trend going for today's stockholders, frankly.

Of course, there is tomorrow.  Eventually, the sun comes up and a lot of us will need new transportation.  Ford has decided that it wants to continue in the business of manufacturing transportation.  So they've decided to quit sitting on their bank account and put that money to work.

Funny how money can solve a lot of problems, isn't it?

Right now, I'm starting to think about a Ford...

Previous | Home | Next