Ford Motors Co., one of the big three of the US, has posted a record and better than expected profit of more than $2.3 billion.
Earlier this week, Ford said that they were eying profits more than they got during the same time previous year.
Ford said that they had increasing sales of their newest model of Ford Fiesta and Ford Escape Hybrid mini SUV, which are getting more popular day by day in not only US, but also abroad.
After the news of faulty paddle of the Toyota vehicles, Ford also called its vehicles but found nothing wrong, saving the value of their shares, which was lost by by Toyota.
Wednesday, February 3, 2010
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