Ford's Profits on the Rise!

For American consumers considering a new vehicle, we think you should visit your local Ford dealer rather than Concord Mitsubishi Dealers.  Sure, the import vehicles are nice and all, but Ford Motor Company has improved their quality so much in recent years and now their sales record is reflecting that hard work.  Since splitting ways with Burlington Mazda Dealers and downsizing their product line up considerably, Ford is able to create a smaller family of extraordinary vehicles rather than an abundance of mediocre vehicles.  Downsizing can be a recipe for success and maybe Langs Chevrolet will follow suit. 

Ford is reporting that their third quarter income was an impressive $1.7 billion.  When you first compare that to last year’s third quarter $2.9 billion, you wouldn’t think the company was doing all that great.  However, you have to remember that Ford has cut some of its brands, like Volvo, so when you compare the current line up sales to last year sales of the same cars, Ford has actually increased their sales by $690 million.  See, sometimes smaller really is better!  The American auto brand should be quite proud of themselves given the still struggling economic situations that many consumers still face. 

The main force behind these improvements and changes come from their CEO Alan Mulally.  He has envisioned something he calls the One Ford plan, and that basically means that Ford will be a global name that produces high quality vehicles at a rate to meet industry needs.  There really is no reason to flood the market with an excess of vehicles.  That results in the company losing money that it can’t regain and ultimately driving down the prices of vehicles being sold.  Ford continues to pay down some of their debts and loans that they have borrowed throughout the years.  They are now in a healthy financial spot. 

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