Recommended Reading - Positive News From Detroit

Bill Koenig wrote a story in today's Bloomberg entitled, Ford's Alan Mulally May Repeat Boeing Success at Automaker (Update 1).  With the surprising news that Ford F (NYSE) actually showed a profit of $100 million for the first quarter, a result well-beyond Wall Street's expectations, Mulally may actually be succeeding in his efforts to turn the automaker around.  It is still far too early to declare victory but hope is a real possibility.  With car quality up, expenses down, now Ford needs to focus on fuel economy and marketing. We will just have to see.  

For more:

NPR (Audio)

BBC

Financial Times