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Thread: Ford makes a profit!!!

  1. #1
    mrblanche
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    Ford makes a profit!!!

    Ford reported a profit of some $750 million dollars in the last quarter. Surprised even them, I think.

    It also looks like Cerberus is having trouble raising the funds for their Chrysler buyout.

  2. #2
    Senior Member
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    Re: Ford makes a profit!!!

    How did they do it?

    It's easy to show a one-time profit by selling assets. A lot harder would be producing goods & services that people want to, you know... buy.

    Chip H.

    Former owner: 2012 Honda Civic LX, 2006 Honda Ridgeline RTL, 2000 Honda CR-V EX, 2003 MINI Cooper S, 1992 Honda Accord LX, 1999 Mercedes ML-320, 1995 VW Jetta GLX, 1991 Mercury Capri XR2, 1981 Mercury Zephyr, 1975 Chevrolet Impala

  3. #3
    mrblanche
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    Re: Ford makes a profit!!!

    I think they did it by closing plants and laying off people.

    To quote Dilbert's pointy-haired boss:

    "I cut 10% of our work force, and our stock went up 10%. I figure if I fire everyone, the company will be worth twice what it is now!"

  4. #4
    Vulture of The Western World Eric's Avatar
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    Re: Ford makes a profit!!!

    Quote Originally Posted by mrblanche
    I think they did it by closing plants and laying off people.

    To quote Dilbert's pointy-haired boss:

    "I cut 10% of our work force, and our stock went up 10%. I figure if I fire everyone, the company will be worth twice what it is now!"
    Hey, you sound like you went to Harvard!

  5. #5
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    Re: Ford makes a profit!!!

    Quote Originally Posted by Eric
    Quote Originally Posted by mrblanche
    I think they did it by closing plants and laying off people.

    To quote Dilbert's pointy-haired boss:

    "I cut 10% of our work force, and our stock went up 10%. I figure if I fire everyone, the company will be worth twice what it is now!"
    Hey, you sound like you went to Harvard!
    Someone from Yale would just dance around a coffin, chant, praise free trade and then become president of the United States. Someone else would drop out of Yale, run Halliburton and become VP.

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