Pursuits
Ford ‘Money Machine’ May Report Best Year Since 2000
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Ford Motor Co., the second-largest U.S. automaker, may report its most profitable year since 2000 tomorrow, boosted by new models and a better reputation.
The annual profit would be the second straight for Chief Executive Officer Alan Mulally, who has improved quality and expanded the model lineup. Profit excluding some items for 2010, according to the average of 15 analysts’ estimates, may be $2.08 a share, the highest since $4.36 a share in 2000. Fourth-quarter profit may be 48 cents, the average of 14 estimates.