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Skilled Labor Blog

Ford posting profit in 2009 in wake of Toyota’s recall

January 29, 2010

Ford is hoping to be able to profit from Toyota’s temporary halt in production of the troubled vehicles. This coming at the same time that Ford reports its first yearly profit since 2005. http://www.nytimes.com/2010/01/29/business/29ford.html

In the mean time, Toyota’s recall of nearly 2.5 million cars is affecting its reputation leaving their competition room to grow. See article: http://money.cnn.com/2010/01/27/news/companies/toyota_sales_halt/index.htm

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