Ford–the good guys in the somewhat sordid bailout schemes–may show a first quarter profit in excess of $1 billion, says the Detroit News.
This will mark the first time since 2005 that the automaker has shown a net profit for four consecutive quarters.
Is this a sign that buyers are rewarding Ford for refusing the ‘bailout’ money? Hard to say.
It is more likely a reflection of the continuing good reviews of several Ford products, notably the redesigned Taurus sedan.
Additionally, they have moved away from truck-sales dependency and toward the small car market.
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