The Greatest Comeback Story in U.S. History!
28Jul
Mad Money TV Program’s Jim Cramer said that Ford is “the greatest turnaround story in American history.”
Ford CEO Alan Mulally was pleased at the strongest quarter he’s seen in ten years, the removal of $7 billion of debt, and Ford’s strong position worldwide, rating first or second in 19 to 21 markets. Saying the company is “on the way to where we wants to be, and that’s investment grade.” Mulally also states, “the Ford brand is fantastic in China,” and intends to “expand as fast and as prudently as possible.” It seems that his company could provide “profitable growth for all” including Ford’s workers.
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