Ford Posts Strong Quarterly Profit
RENEE MONTAGNE, host:
NPR's business news starts with Ford still on a roll.
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MONTAGNE: The country's number two automaker said its profits are up 13 percent from last quarter. This quarter's sales were not only higher for Ford, but people were paying more for new models with goodies like heated seats and fancy entertainment systems.
Ford has been slimming down, getting rid of less successful ventures, so it can focus on its core brands, Ford and Lincoln.
Ford CEO Alan Mulally said the company is ahead of where he thought it would be in spite of what he called still challenging business conditions.
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