Ford's on a Roll

[Woodward_Dreams]

http://www.worldcarfans.com/110042725880/ford-posts-208-billion-profit

[milner351]

Re: Ford's on a Roll

We put out better than expected profits, and our stock price goes DOWN around $1, yet - Toyota's bad press has hardly touched thier stock price.....

I will never understand.


Somehow - I don't think this profit will result in any bonuses for us rank and file types - but I'm guessing the boys in the big house will have a real nice Christmas this year.

[IRONHEAD]

Re: Ford's on a Roll

not a big a roll as it looks, they sold off alot to get there

[Woodward_Dreams]

Re: Ford's on a Roll

But they're making progress.... unlike some other american car companies....

[SpiderGearsMan]

Re: Ford's on a Roll

that volvo sale to thew reds really covers up a lot
haha , but GM "paid" off the loan - yuk yuk ...smoke and mirrors

[SpiderGearsMan]

Re: Ford's on a Roll

march 2010 new car sales
#1 GM 188,546
#2 Toyota 186,863
#3 Ford 183,783

[studemax]

Re: Ford's on a Roll

Doesn't matter how they did it.
They did it, so good for them!

[SuperBuickGuy]

Re: Ford's on a Roll

American manufacturers are doing good recovering from the manufactured stock crash.... it's not even news, it's like Boeing firing all those people after 9/11 saying that the travel market was going to crash.... no, it didn't - it was just Boeing taking advantage of a public perception to lose some dead weight.... oh yeah, and Allen Mullay was at helm there as well..... don't forget, Ford is still mortgaged to the hilt - they just owe a different set of people.

[SpiderGearsMan]

Re: Ford's on a Roll

hear the fords owe out over 400 billion
is anyone really financially stable ?

[DanStokes]

Re: Ford's on a Roll

Ford may be on a roll - but Chrysler is on a "home made" biscuit.

Dan Humor

Dan

[Page2171]

Re: Ford's on a Roll

According to the article here...http://www.nytimes.com/2010/04/28/bu...rd.html?src=me Ford had $34.3 billion in debt at the end of March and has paid off $3 billion in debt this month.

[min301]

Re: Ford's on a Roll

Good for Ford...at least someones trying.

[milner351]

Re: Ford's on a Roll

thanks for the clarification Brian - that matches the info I have.

Being in debt is bad, but it's a reality for most businesses who've survived.

Atleast Fords' debt didn't come with bankruptcy and government intervention.

[SpiderGearsMan]

Re: Ford's on a Roll

and the cars are still junk

[min301]

Re: Ford's on a Roll

and the cars are still junk

Just like GM's... ;D