Ford Step Ahead, Posting a $A2.2b Profit for Q1 2010

Bowan Spanbroek | 29/04/2010 2:25:55 PM

The A$2.2billion profit for Q1 represents a full year out of the red for Ford, quite an achievement compared to the Detroit based companies neighbours GM & Chrysler. No doubt the solid financials are the effects of their competition being flawed for most of 2009, with GM & Chrysler needing government bailouts & Toyota being snowed under by a mountain of negative press. As a result of the stronger than average 2009 their market share rose by 3% in North America, with a US$1...

March New Car Sales Increase by a Record Breaking 25.2%

Bowan Spanbroek | 8/04/2010 2:58:42 PM

In December 2009 the car sales figure dubbed ' the magic million'  seemed like a far off prospect left back in 2007/08. The Federal Chamber of Automotive Industry  chief Andrew Mckellar predictied 2011 as the year Australia would return to pre-GFC sales levels.  However the outstanding March new car sales figure of 94,744 was enough to change Mr Mckellar’s somber tune from last year, “This is an outstanding March result and provides further evidence that...

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