C'mon, finish that quote:Nice, they showed a profit...at what cost?
The earnings came despite an $800 million revenue drop. But Ford said it cut costs by $1 billion during the quarter, accomplished through layoffs in North America and Europe, reduced pension and retiree health care costs and improvements in productivity and product development.
The company reported overall revenue of $30.9 billion in the quarter, down $800 million from the same period a year ago due to a decrease in revenue at its Ford Credit unit.
Auto sales are up. How long that lasts without CFC remains to be seen, but I'd easily say that they're at least the best of the big 2.5.Ford said that global auto sales rose $100 million from the third quarter of 2008, to $27.9 billion. It sold 1.23 million vehicles worldwide, up 5% from a year earlier, and its average net pricing also improved along with its sales volume. Auto revenue in North America soared by $2.9 billion, or 27%, to $13.7 billion.
Big accomplishment.but I'd easily say that they're at least the best of the big 2.5.
did Ford recently accept some kind of bailout that was unreported?Showing a profit BEFORE or AFTER factoring in all the money our tax payer dollars fronted.
Showing a profit BEFORE or AFTER factoring in all the money our tax payer dollars fronted.
No, they're the only ones who didn't.did Ford recently accept some kind of bailout that was unreported?
Cash for clunkers was a bail out just served up a different way.No, they're the only ones who didn't.
perhaps....cash for clunkers was a joke.Cash for clunkers was a bail out just served up a different way.
ding ding ding.Cash for clunkers was a bail out just served up a different way.
It was a beautiful PR move.Cash for clunkers was a bail out just served up a different way.
and to provide balance to all that good news ...
(Not Detroit, but close enough)
http://williamsauction.com/silverdome/
I remember racing in the Silverdome the NBL Nationals waaaaay back in like '78 or '79.
you had to to thereMaybe they can attract a UFL team now to compete against the Lions.
Come on... it's like getting served up in slow pitch softball.you had to to there
Come on... it's like getting served up in slow pitch softball.
And has been for 40 years.
You from the Motor City?
we spent every thanksgiving at the dome watching the lions get stomped.
Sad to see that place sit empty for so long. Went to many a NFL game, supercross, state football championships and a super bowl at that place. Our superbowl seats were so high up were were above the cigarette smoke cloud.
Until I fled three weeks out of high school ('87). Between my moms career at the Detroit Chamber of Commerce and the family's ties to the auto industry I saw the writing on the wall at a tender age.You from the Motor City?
Folding the Blackhawks into little origami turds which will then be placed on Daly's stoop and lit on fire? Consider it done. Again.I thought this was going to be about the Red Wings folding...
I would have bought the dome and lived in it....a few cars on blocks in the parking lot would be fittingSOLD! ... and for less than the price of some houses.
http://money.cnn.com/2009/11/17/news/economy/silverdome_buyer/index.htm?cnn=yes