I'll have more details after all the calls tomorrow.  But. . .

Ford Motor Company:

Swung to a surprise profit of $0.13 in earnings per share when investors were looking for a loss of $0.38.  South America, Europe, and even the Premiere Automotive Group all showed pretty sizeable improvements. 

For auto retail investors, however, what you really should have noticed was the following:

"Ford North America: In the second quarter, Ford North America reported a pre-tax loss of $279 million, compared with a pre-tax loss of $789 million a year ago. The improvement primarily reflected favorable net pricing and cost reductions, partially offset by lower volume net ...

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