Ford posts $1 billion profit in Q3 - KWWL - Eastern Iowa Breaking News, Weather, Closings

Ford posts $1 billion profit in Q3

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WATERLOO (KWWL) -- It was a strong third quarter for the once-troubled automaker Ford.

The Michigan-based motor company announced Monday it had profits of nearly one billion dollars in the third quarter.

The gains were fueled by massive cost cutting and the government's cash for clunkers program.

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