Gm On Road to Recovery ; Ailing Ford has yet to Hit Bottom

Summary

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DETROIT GM says it will make money in the fourth quarter after nearly two years of dismal numbers. Ford posts the worst annual loss in its 103-year history.

Despite the disparity in profits, the tale of the nation's two largest automakers essentially is the same: high labor costs. Over- reliance on trucks and sport utility vehicles for profits. Few cars that people want to buy. And don't forget Toyota Motor Corp., which on Friday announced that global production last year surged 10 percent, bringing it just inches away from edging out GM as the world's No. 1 automaker.

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Gm On Road to Recovery ; Ailing Ford has yet to Hit Bottom

The essential difference between Ford and GM, according to s...

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