DEARBORN, Mich., Nov. 22 (UPI) -- Ford Motor Co.'s third-quarter profit is evidence the U.S. automaker is successfully turning its fortunes around, a top executive says.
Mark Fields, Ford executive vice president and president of the Americas, told Sunday's Detroit Free Press that although there is more work to be done, the $357 million North American division pre-tax profit after more than $16.8 billion in losses since 2005 represented real progress.