Ford Motor Company recently announced a 6.6 billion dollar profit for the 2010 year. That is a lot of dough for a company that was struggling to stay alive in 2006. President and CEO Alan Mullaly was recruited from Boeing to turn around the struggling auto maker. He borrowed 23 billion dollars as one of his first acts as president. He put that money to work, engineering cars and trucks of the highest quality, that the public wanted to buy. The result is the profit that was just announced. What does that mean for the consumer? A lot as a matter of fact….the company is now on stronger footing and developing cutting edge products that are attractive, reliable and get great fuel economy. Ford is really on a roll right now!
