Ford Gains Best Quarterly Profit in 12 Years, Repays Some Debt

Detroit News - July 23, 2010

A $2.6 bil­lion prof­it for the 2nd quar­ter allows Ford to repay $7 bil­lion of debt and cut inter­est by more than $470 mil­lion. CEO Alan Mulal­ly sees weak­er sec­ond half for 2010 as econ­o­my slows, but 2011 will be stronger.