Billionaire financier invests $52.9 million in Ford

2010 Ford Fusion

FoMoCo has been enjoying some really good news in the past couple of days. Just last week, the company’s Ford Fusion entered into the list of America”s Top 10 selling vehicles and became the No. 1 selling domestic car. Yesterday, the Fusion was also awarded Motor Trend’s 2010 Car of the Year award.

“It’s really gratifying to see that everybody is appreciating the Ford plan and the progress we are making,” Ford Motor Co. President and CEO Alan Mulally said.

Ford is also enjoying one more piece of good news. Billionaire financier George Soros has decided to invest $52.9 million in Ford’s stock .

Ford’s stock price hit a 2-year high of $9 a share yesterday before closing at $8.98 at the end of the day.

Check out our review of the 2010 Ford Fusion Hybrid here.

Review: 2010 Ford Fusion Hybrid:

Review: 2010 Ford Fusion Hybrid Review: 2010 Ford Fusion Hybrid Review: 2010 Ford Fusion Hybrid Review: 2010 Ford Fusion Hybrid

– By: Omar Rana

Source: Free Press