DETROIT — While its crosstown rivals stumbled through bankruptcy this summer, the Ford Motor Company pressed its advantage, and delivered surprising news on Monday that its cost-cutting efforts and improving sales helped it earn nearly $1 billion in the third quarter.
But now it faces new challenges in maintaining that lead. Both General Motors and Chrysler, with the stigma of their bankruptcies receding, are moving ahead with their own comeback plans.
WSJ: Ford Posts an Unexpected Profit of $997 Million