Ford's Mulally May Repeat Boeing Success at Automaker
Ford Motor Co. Chief Executive Officer Alan Mulally may be pulling a repeat: Turning around the No. 2 U.S. automaker in the same way that he helped revive Boeing Co., the world's second-largest aircraft maker.
Ford yesterday reported a $100 million first-quarter profit after analysts had forecast a loss. Ford shares gained the most since November 2002 as Mulally maintained his pledge to restore the Dearborn, Michigan-based automaker to profit in 2009.
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