Six years ago, Ford lost billions when SUV sales stalled. It borrowed billions, and put up factories and its famous trademark as collateral. After a major restructuring, the automaker has earned an investment-grade rating from Moody's.
FIAT's profit report came out today and it shows that the Chrysler group generated its biggest profit since its 2009 bankruptcy. A lot of Chryslers are selling in the U.S. more than compensating for quieter showrooms in Europe, where the financial crisis has been dampening things.