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Ford Reports Best Earnings in 13 Years Thanks To Green Vehicles

Posted By Laura K. Cowan On April 26, 2011 @ 4:10 pm In automotive,Green Transportation | 1 Comment

Ford Focus ECOnetic, green automotive design, alternative transportation, green transportation, sustainable transportation, Ford quarterly profit [1]

Ford [2] just announced its best quarterly profits in 13 years, thanks to rising demand for its fuel-efficient [3] vehicles [4]. Profits rose to $2.55 billion in the first quarter of 2011 from $2.09 billion in the first quarter of 2010. “Our team delivered a great quarter, with solid growth and improvements in all regions,” said Alan Mulally, Ford [5] president and CEO.

Ford Focus ECOnetic, green automotive design, alternative transportation, green transportation, sustainable transportation, Ford quarterly profit [6]

As the only Detroit automaker to turn itself around without a bailout during the recession, Ford has been moving into the black much faster than its competitors. The company credited “fuel-efficient [3] new products, continued investment in global growth and the strengthening of Ford’s core business” with the positive results, as well as the fact that the earthquake in Japan had a relatively small impact on the automaker’s supply chain.

+ Ford [5]

Via BBC [7]


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URLs in this post:

[1] Image: http://inhabitat.com/ford-reports-best-earnings-in-13-years-thanks-to-green-vehicles/new-ford-focus-econetic-4/

[2] Ford: http://inhabitat.com/index.php?s=ford

[3] fuel-efficient: http://inhabitat.com/index.php?s=fuel-efficient

[4] vehicles: http://inhabitat.com/ford-sneak-peek-of-focus-econetic-europes-most-fuel-efficient-compact-car/

[5] Ford: http://www.ford.com

[6] Image: http://inhabitat.com/ford-reports-best-earnings-in-13-years-thanks-to-green-vehicles/new-focus-econetic-uk-2/

[7] BBC: http://www.bbc.co.uk/news/business-13197280

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