Sunday, November 8, 2009, 11:20AM ET - U.S. Markets Closed.
Fortune 500 - #7
Monday, April 21, 2008provided by
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Ford Motor
Last Year's Ranking: 7
Revenue ($ millions): 172,468.00
Profit ($ millions): -2,723.00
Not only were Ford's U.S. auto sales down by nearly 12% for the year, but the manufacturer was surpassed as the nation's No. 2 automaker by Japanese rival Toyota. It was hit by high gas prices, which put the brakes on demand for its SUVs and pickups, and the cost of cutting its North American workforce by about 33,000 people. Continued losses at some overseas brands prompted the company to put Land Rover, Jaguar and Aston Martin on the block. Ford lost $2.7 billion for the year and remains a work in progress - it is slashing capacity to meet reduced demand and offering buyouts to its entire U.S. hourly workforce of 54,000.
Rates
See today's average rates across the country.
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Loan Type Today Last Week 30 Year Fixed 5.13% 5.16% 15 Year Fixed 4.70% 4.60% 1 Year ARM 3.98% 4.00% 30 Year Fixed Jumbo 6.06% 6.10% 5/1 ARM 4.30% 4.26% 3/1 ARM 4.75% 4.80% Source: Bankrate -
Loan Type Today Last Week $30K Home Equity Loan 8.35% 8.39% $50K Home Equity Loan 8.36% 8.41% $75K Home Equity Loan 8.39% 8.44% $30K HELOC 5.24% 5.26% $50K HELOC 4.99% 5.00% $75K HELOC 4.99% 5.00% Source: Bankrate -
Loan Type Today Last Week 36 Month New Car Loan 6.90% 6.96% 48 Month New Car Loan 7.05% 7.12% 60 Month New Car Loan 7.11% 7.18% 36 Month Used Car Loan 7.39% 7.43% 48 Month Used Car Loan 7.50% 7.51% Source: Bankrate -
Card Type Today Last Week Business Credit Cards 9.69% 9.69% Low Interest Credit Cards 11.91% 11.91% Cash Back Credit Cards 12.36% 12.36% Reward Credit Cards 12.85% 12.85% Instant Approval Credit Cards 13.32% 13.32% Balance Transfer Credit Cards 13.46% 13.46% Source: CreditCards.com
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