“Ford has demonstrated that the key to a turnaround is product, product, product – while pushing costs down,” says Edmunds.com Senior Analyst Michelle Krebs, who covers the subject in more detail at AutoObserver.com. “The company’s market share for 2010 is over 17% for the first time since 2006, and Fords are selling at a higher relative price and with lower incentives.”
Edmunds.com analysts also noted the following facts about Ford:
“Ford’s biggest worry now is how to lessen its current debt,” says Krebs. “But Alan Mulally deserves credit for keeping the automaker on a consistent, steady course – and Bill Ford deserves a round of applause for hiring Mulally!”