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In 2007, Ford Motor Company continued its transformation into a lean, globally integrated and customer-driven automaker, making progress on all four elements of its plan:
Aggressively Restructuring
In the first three quarters of 2007, Ford Motor Company earned $88 million – an increase of about $7 billion over the same period a year ago. Performance highlights:
Accelerating New Products
Improving the Balance Sheet
Working Together as One Ford Team
Ford’s comeback on track; financial results exceed expectations
Ford strikes historic deal with UAW
Quality soars at Ford
Ford accelerates global product push
Ford SYNC ushers in new era of connectivity
Ford unveils blueprint for sustainability
Ford accelerates growth in emerging markets
Ford sets pace on safety
Crossovers break from the pack
Ford snags Jim Farley as global team takes shape
Ford Motor Company has the most top quality vehicles in the auto industry, according to the much-respected Initial Quality Survey of J.D. Power and Associates.
“We remain committed to executing the four priorities of our plan - restructuring the business to operate profitably, accelerating the development of new products that our customers want and value, funding our plan and improving our balance sheet, and working even more effectively together as one Ford team.”
“My connection with Ford goes way back to my first car, a 1966 Ford Mustang… I am excited to make that trip once again. Ford is one of the world’s most admired companies because of its ability to develop iconic products that connect with customers.”
“We are continuing to achieve efficiencies throughout the vehicle in areas that can quickly lead to fuel economy improvements today.”