chevygal Posted January 25, 2007 Report Share Posted January 25, 2007 Don't know if this is a repost or not. Didn't see it on this page. http://finance.comcast.net/www/news.html?x...p;cvqh=itn_ford Quote Link to comment Share on other sites More sharing options...
CoolBlueSS Posted January 25, 2007 Report Share Posted January 25, 2007 I saw it on the news this morning. Posting a $12 billion, with a B, loss. Quote Link to comment Share on other sites More sharing options...
Bonj87 Posted January 25, 2007 Report Share Posted January 25, 2007 chevy or ford fan.. doesnt matter.. we need american companies to keep making money.. while fair to the consumers. Quote Link to comment Share on other sites More sharing options...
Black2003SS Posted January 25, 2007 Report Share Posted January 25, 2007 Yes...BUT, its better that they write everyhing off they can in 2006 so they can look tha tmuch stronger on paper in 2007. This is common business practice. I even do it in my business. If I have alot of fallout on contracts, I will try to kill most of the contracts by the end of the month and start at 0 for the next month, rather having to come out of a hole to look good on paper. Old school stuff. GM has even done this in the past. Hopefully, although not a Ford fan, they will be able to turn the business around and maintain a steady stream of business and profitability. Quote Link to comment Share on other sites More sharing options...
KJT13 Posted January 25, 2007 Report Share Posted January 25, 2007 chevy or ford fan.. doesnt matter.. we need american companies to keep making money.. while fair to the consumers. Quote Link to comment Share on other sites More sharing options...
ssfromsd Posted January 25, 2007 Report Share Posted January 25, 2007 Yup they still employ americans even if they make crap Quote Link to comment Share on other sites More sharing options...
Fireman31 Posted January 26, 2007 Report Share Posted January 26, 2007 maybe that is why they are $12 billion in the hole, because they make crap........... Quote Link to comment Share on other sites More sharing options...
Forever a Fan Posted January 26, 2007 Report Share Posted January 26, 2007 Yup they still employ americans even if they make crap Quote Link to comment Share on other sites More sharing options...
air force vm Posted January 26, 2007 Report Share Posted January 26, 2007 I hate to be the buzz kill but Chevy and GM are not doing that much better. Its sad that everyone in this day wants to drive some shitty car with a Jap logo on the front. Its funny that those same cars 30 years ago were considered crap are not running the market. What ever happened to people wanting to buy American products? With that being said all 3 of the American car companyies need to build and sell a better product at a lower price but stay competitve with everything else or there might not be a true American car company left. Just my 2 cents. Quote Link to comment Share on other sites More sharing options...
tawss04 Posted January 26, 2007 Report Share Posted January 26, 2007 I say just give the executives a huge pay cut, obviously they are not doing their job right Quote Link to comment Share on other sites More sharing options...
Black2003SS Posted January 26, 2007 Report Share Posted January 26, 2007 (edited) I hate to be the buzz kill but Chevy and GM are not doing that much better. GM posted a profit for the fourth quarter finally...so yes, GM is doing much better than Ford on paper. Ford is hedging all of their hopes on launching a 70% brand new product line in 2008...thats a risky bet, what if it all flops? I doubt it will flop entirely, but its pretty risky. One or two Aztek type failures could sink the company. GM on the other hand has just won back to back Car and Truck of the year, not an easy feat to do. People are taking notice to that. Edited January 26, 2007 by Black2003SS (see edit history) Quote Link to comment Share on other sites More sharing options...
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