Ford posts surprise profit in quarter but predicts job cuts
CHICAGO (AFP)
The Ford logo is seen on the wheel of brand new truck at a Ford dealership. Ford Motor Co. predicted further job cuts even as it posted a profit of 100 million dollars in the first quarter Thursday in a surprise turnaround for the struggling US auto giant that has been mired in deep losses.
The Ford logo is seen on the wheel of brand new truck at a Ford dealership. Ford Motor Co. predicted further job cuts even as it posted a profit of 100 million dollars in the first quarter Thursday in a surprise turnaround for the struggling US auto giant that has been mired in deep losses.
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