F should be dropping like a stone. They lost money outside of the US and they forecast much bigger losses. Only the US finacial arm pushed them to a profit in the US. And we all know those loans will sour in a recession.
Europe is 10 years behind in tooling manufacturing technology.Untill they get Europes protectionary ideals under control... Europe will lose money.
Europe and particularily Germany and living in the 50s...fix it Alan!..One Ford ...remember?!
In regard to temp workers
If I have not told you once Smalls I have told you a hundred times THE COMPANY is not operating all that different then 20 years ago.
Smoke and mirrors !
Again re read my June and Nov 2011 posts I nailed it.
Again this is a black jack play as I explained to you all last year and for 6 months this year .
Ford either starts cutting labor costs , other costs and turns around and you sell in the 20s or it goes bankrupt .
Longer term Ford does not survive as it will never make the drastic changes to survice in a TV tupe mkt which autos have become for the most part .
From the above article... Too funny!
>>>“I’m not getting any fruit baskets from my customers for owning” Ford, Bradshaw said. “I’m sure Mulally is grinding it out and, kind of like me, beating his head up against a wall and saying, ‘Man, we’re doing everything right, but we’ve got this hole in the bucket in Europe.’” <<<
smalls... Found it!
>>>Ford is cutting ad spending and sponsorships in Europe “because people aren’t buying,” Shanks said. The automaker also is reducing production by shortening work days in factories, reducing assembly-line line speeds and shedding temporary employees, Shanks said.<<<
raised losses to 1 billion, i'm sure that is new and not expected and europe is far from a turnaround. how long do you think north america will keep ford afloat, ( and their will be weakness in the coming months) any weakness and ford is toast. Just a realstic look at what is happening, sorry but the stock price is going dow to 8 at least in the next month or two. But the Fed is always a factor and could give help, then i have no idea what might happen. but until they step in or if, Ford is going down, sorry longs