Ford�s Third Quarter 2010 Net Income Climbs to $1.7 billion, Says it Has Enough Cash to Reduce Debts

Remember those dark times in Detroit? Well, we have come a long way since then as Ford Motor Company reported today a record third quarter net income of $1.7 billion. This is a $690 million improvement over the third quarter of 2009, fueled mostly by good momentum in the North American market.

Ford has been in the green for five consecutive quarters now, with a pre-tax operating profit of $2.1 billion � an improvement of $1.1 billion from a year ago.

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