Ford sees bright future, posts nearly $1B profit

[AG3]

Ford Motor Co. has come a long way from the nearly $30 billion in losses it racked up between 2006 and 2008.

After closing more than 10 plants and slashing 45% of its workforce in its long ailing North American division since 2006, the Dearborn-based automaker today reported net income of $997 million, or 29 cents per share, compared with a net loss of $161 million, or 7 cents per share, a year ago.

Whole Article: http://www.freep.com/article/2009110...rly-1B-profit-