Reuters
Motoring
Ford posts surprise profit
Mon, 02 Nov 23:51 PM GMT

By David Bailey and Soyoung Kim

DETROIT (Reuters) - Ford Motor Co (F.N) posted a $1 billion quarterly profit on Monday, defying Wall Street forecasts of a loss, as it cut costs and gained market share, leading it to raise its 2011 outlook to "solidly profitable" from break-even.


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