Ford Loses $12.7 BILLION in 2006
#1
Go Texas Longhorns!
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Ford Loses $12.7 BILLION in 2006
http://www.autoblog.com/2007/01/25/f...llion-in-2006/
and you thought you were having a bad day.
now in fairness, $9.9 BILLION was one time non cash restructing costs, but still they managed to top GM's $10 BILLION loss for FY 2006.
and you thought you were having a bad day.
now in fairness, $9.9 BILLION was one time non cash restructing costs, but still they managed to top GM's $10 BILLION loss for FY 2006.
#4
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Originally Posted by Gambit
bold moves are expensive
#5
Go Texas Longhorns!
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Ford is 18 months behind GM in their turn around. Over the next 12 months GM's product onslaught looks to be impressive.
I think we are going to get Ford "europe" over here, they have hinted at it and once they cut the fat from Ford it can be done profitably.
We will have the Euro Focus, B class small car and Mondeo at some point before 2010. I would be money on that. It just can't come fast enough.
I think we are going to get Ford "europe" over here, they have hinted at it and once they cut the fat from Ford it can be done profitably.
We will have the Euro Focus, B class small car and Mondeo at some point before 2010. I would be money on that. It just can't come fast enough.
#7
Super Moderator
Originally Posted by Rhawb
Then where'd all that money go? As far as I can tell, none of those "bold moves" ever came to fruition.
all the redundancy entitlements for the factory workers from closed US Ford plants and health care costs...
#8
Screw gas mileage
Originally Posted by Aseras
i bet the ceo still got his bonus...
#10
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Originally Posted by Aseras
i bet the ceo still got his bonus...
Hopefully this expected loss if you will, shall pay off eventually. Sadly the "Bold Moves" havent shown up yet at all despite the advertising. Sure the Mustang is a sucess along with the F150 but both are give me's. The Fusion is true selling but I hardly see its supposed target audience driving them (that of teenagers and 20 somethings.). Well hopefully we'll see some real bold moves or GM is just gonna trounce upon Ford hardcore.
#12
Momentum Keeps Me Going
What I'm hoping is if Ford gets low enough, Mazda can buy it's share out of hock. Hell maybe they can buy Ford, or stage a takeover. Then start pumping out some kickass cars for a change and fire outright most of the old Ford beauracrats, starting with the CEO and going right down the line.
#13
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Mazda taking over Ford??? no please dont! stay away from Ford as far as possible! just buy out the 33% Ford owns!
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Kids avandia
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Kids avandia
Last edited by Renesis_8; 09-11-2011 at 11:25 AM.
#14
Ford needs to hire Steve Jobs to turn the failing company around. Then we'd all get new iPods for free with every new Mazda purchase.
I think Ford just sells Mustangs and trucks these days. Too bad the Taurus can't compete anymore.
I think Ford just sells Mustangs and trucks these days. Too bad the Taurus can't compete anymore.
#16
Yeah...he also drives a Lexus. Rumor has it, he cancelled his order on a new one since taking the job. I hope he can help turn the company around. Anyone else could probably do a better job than what the current staff is doing.
#17
Bummed, but bring on OU!
Ford said at the beginning of the year that 2006 would be bad. "Bold Moves" don't happen overnight. 2009 will be the year to watch.
Last edited by therm8; 01-27-2007 at 02:18 PM.
#18
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Originally Posted by Spin9k
What I'm hoping is if Ford gets low enough, Mazda can buy it's share out of hock. Hell maybe they can buy Ford, or stage a takeover. Then start pumping out some kickass cars for a change and fire outright most of the old Ford beauracrats, starting with the CEO and going right down the line.
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