(Reuters) - DETROIT, July 26 - Ford Motor Co. on
Thursday posted its first profit in two years on a surprising
turnaround in its auto business and cost-cutting in its
troubled U.S. operations, pushing its shares up over 3
percent.
Ford also said it is exploring a sale of its Jaguar and
Land Rover luxury units, a spin-off Ford executives said they
now view as probable.
Read more at Reuters.com Market News
Thursday posted its first profit in two years on a surprising
turnaround in its auto business and cost-cutting in its
troubled U.S. operations, pushing its shares up over 3
percent.
Ford also said it is exploring a sale of its Jaguar and
Land Rover luxury units, a spin-off Ford executives said they
now view as probable.
Read more at Reuters.com Market News
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