Ford company grabbed a bigger share in the U.S Auto market and buyers willingly paid more for its highly rated cars and trucks and thus giving an over all 68% increase in net income of the company.After 1990 it was Fords best quarter and also its been Ford's sixth straight profitable quarter.Ford's CEO Alan Mulally said that Ford Fiesta subcompact and Ford Edge Wegon, and aggressive cost cutting helped the company to make money despite lower globel sales.Ford expecting to end this year to be their best one.
Tags: 68, earnings, ford, quarter, raised, THIRD