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28 Jan 2010 10:05

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Biz: Ford didn’t take the bailout road, made a 2009 profit anyway

  • $2.7
    billion     size of Ford’s 2009 net profit, their first profitable year since 2005
  • $30
    billion     amount Ford lost between 2006 and 2008; holy freakin’ hell source
Posted by Ernie Smith • 0 Comments • Permalink

02 Nov 2009 09:27

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Biz: A year and some clunker sales make Ford huge profits

  • $997 million the size of Ford’s profits in the third quarter, largely helped by Cash for Clunker sales
  • –$161 million the size of Ford’s losses a year ago; despite this, they avoided a bailout and bankruptcy source
Posted by Ernie Smith • 0 Comments • Permalink

13 Oct 2009 21:18

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Biz: “Built Ford Tough”? More like “built for recall.”

  • 4.5 million Ford vehicles got recalled for faulty cruise control source
Posted by Ernie Smith • 0 Comments • Permalink

23 Jul 2009 08:59

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Biz: Ford managed to find its way to big profits minus bankruptcy

  • $2.3 billion in 2Q profits for the Detroit automaker source
Posted by Ernie Smith • 0 Comments • Permalink

06 May 2009 10:55

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Biz: Ford invests lots of money into its long-term future

  • $550 million in plant upgrades to improve its Focus source
Posted by Ernie Smith • 0 Comments • Permalink

24 Apr 2009 10:27

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Biz: Ford desperately tries not to waver into bailout realm

  • -75ยข The per-share loss that Ford had last quarter. That loss, which is $1.8 billion, is far less than analysts expected.
  • -49% The cut in cash use in the last quarter. They’ve managed to get by without a cent of bailout money so far. source
Posted by Ernie Smith • 0 Comments • Permalink

29 Jan 2009 09:58

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Biz: Automaker Ford: Sure we lost a buncha money, but really, we’re OK!

  • $5.5 billion amount that Ford blew through in the fourth quarter; they’re the only Detroit automaker not to take a bailout, and they had a huge loss last quarter
  • $10.1 billion amount in available credit Ford has lying around; they swear they can make it through next year, even without the help of Uncle Sam’s deep pockets source
Posted by Ernie Smith • 0 Comments • Permalink
 

10 Jan 2009 19:11

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Biz: Will electric cars finally charge up Detroit’s fortunes?

  • 2010 Chrysler’s and GM’s ETA for getting an electric car on the market
  • 2011 Ford’s time frame. They plan to announce it tomorrow. With the recent bailout, it’s a priority. source
Posted by Ernie Smith • 1 Comment • Permalink
 
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