Ford is bragging a 13% profit rise, the best in six years, thanks to the strong sales of their fuel efficient cars such as the Fusion and the redesigned Taurus, and high tech features such as their in car communications and entertainment system, the Sync.

Ford, which did not file for bankruptcy protection or receive a federal bailout like rivals General Motors and Chrysler, has been saddled with huge debt. It ended the quarter with $27.3 billion of debt even after it paid down $7 billion.

“Overall, our performance this year gives us great confidence going forward,” Ford Chief Executive Alan Mulally. “We are ahead of where we thought we’d be.” With improving profits, the company said it was on track to have more cash than debt by the end of next year.