Good for them:
Ford, the only U.S. automaker to avoid bankruptcy court, clawed its way to a $2.7 billion profit in 2009 and expects to stay in the black in 2010. It was the automaker's first annual profit in four years.Not bad for one of the crappiest years in the auto industry, amid one of the crappiest economies.
I think we'd all love to see the American car manufacturers turn around and be successful. From an AP article on Yahoo News:
A Ford Motor Co. plant in suburban Cleveland which has been idle for nearly two years is about to begin making a new fuel-efficient engine for some of the company's 2010 model cars.Fuel efficient, cleaner, more powerful. Way to go, Ford. Keep up the great work!
Cleveland Engine Plant No. 1 has undergone a $55 million retooling since its last shutdown will be the first manufacturing site to build its EcoBoost engines.
EcoBoost engines combine direct injection technology and turbo-charging for improved fuel efficiency and lower CO2 emissions. Ford says they can achieve up 20% better fuel and 15% lower CO2 emissions, compared with larger displacement engines, without sacrificing power.
Ford said it initially will use about 250 workers from its three other plants at the Cleveland-area site.
