[Newsbot]

Title: ap Debt reduction pushes Ford to $2.3B 2Q profit
Category: Business
Posted By: stemmer
Date: 2009-07-23 11:39:42

[poquas]

What's that? They hire better accountants?

$1:

However, excluding its debt reduction and other items, Dearborn, Mich.-based Ford would have reported a quarterly loss, though smaller than Wall Street expected.

[Proculation]

in the same time, Obama and his Dems are stopping GM by law to close shops, "to save jobs"...

"we won't intefere in GM business" -Obama

yeah right..

[poquas]

GM should have been left to go under. Period.

[2Cdo]

stemmer stemmer:

I find it odd most other car companies sales are down except for Fords. They are on the increase. Perhaps Ford is really making the type of vehicles consumers want....

Kia has increased sales about 15%. Maybe Kia is building vehicle people want.

[poquas]

Considering Ford is the only one of the "big three" not having gone through bankruptcy, it seems logical that Ford would be the first to look at if you're considering a NA vehicle.

Chrysler is probably going to be in good shape with Fiat backing it, but GM has yet to show what they're going to do to justify all that bailout money. Obviously the Camero isn't going to be its saviour, and the Volt is still vapourware.

[Freakinoldguy]

stemmer stemmer:

I find it odd most other car companies sales are down except for Fords. They are on the increase. Perhaps Ford is really making the type of vehicles consumers want....

I thought you we're an advocate of buying North American? I guess in your case buying North American only means the Bow Tie brand.

Brand loyalty is nice, but, when your companies gone down the toilet faster than a teflon turd, a few questions about why, rather than complaining about your competition might be of more use.