Ford issues warning!
I'm sitting here, TV is on financial channel, and they're talking about Ford issuing a financial warning, profits are below forcasted, times are tough.....
They must not have figured in the $4grand+ the dealer made from me buying at sticker.
Gotta feel sorry for em!
They must not have figured in the $4grand+ the dealer made from me buying at sticker.
Gotta feel sorry for em!
Economy is slowing and profits are shrinking but I still think Ford is better off than their competitors. I just read somewhere(here?) a summation: Ford makes money selling cars, GM makes money financing cars, and D/Chrysler makes money when it can.
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Red '00 Lightning,
Power Surge Performance enhanced,
Sound effects provided by Flowmaster,
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445 RWTQ,
13.227@103.55
Track Videos
2001 is projected to be a much slower year for auto sales. I read somewhere recently that Ford has about $26 billion cash on hand. I think they are in a pretty good position to weather any downturns.
I read where Ford makes $10,000 PROFIT on every Excursion they sell! I'm feeling real sorry for 'em. Guess they will up the prices a little more to make up for it all.
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Ford has predicted that even after the Firestone deal, that they will have another RECORD year. With the economy slowing, they are going to idle 16 plants in January for 2 weeks! Maybe they could make some intercoolers for us then!


