Thursday, July 1, 2010
Ford To Reduce Debt
A resent article found in The Associated Press stated that Ford Motor Co., the only Detroit automaker to avoid bankruptcy protection, said Wednesday it will reduce its huge debt by another $4 billion as it continues to show signs of financial strength.
The article also said that, "the payments are another sign of confidence that the company's restructuring plan is working."
Ford sales have been up more than 30 percent through May, almost double the 17 percent increase in total U.S. car sales.
Stop by Hillcrest Ford and see why people are buying Ford.
Full Article