RetiredbutWorking
Central Texas
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Joined: 02/10/2006
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Maybe the car czar will study the success of Ford and implement similar changes over at GM.
RBW
USAF, Retired
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hone eagle
essex ontario canada
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Joined: 11/18/2004
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Remember guys labour cost are a relativly small part of the car building equasion.Most of the uaw give backs dont help unless there are new hires.
99 F250 PSD bilstiens. bone stock otherwise
2002 Triple E 30' 5th
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hone eagle
essex ontario canada
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Joined: 11/18/2004
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direct labour around 8%
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lesmore49
canada
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Joined: 11/25/2004
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Good for Ford. They have seemed to pull themselves out of the morass of a few years ago.
North America needs three strong manufacturers...Ford has been up and down for years...as has GM and Mopar. Let's hope Ford maintains it's position and GM and Mopar follow.
lesmore49
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Keith99RS
Suffield, CT
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Joined: 11/14/2005
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hone eagle wrote:Remember guys labour cost are a relativly small part of the car building equasion.Most of the uaw give backs dont help unless there are new hires.
One requested concession was a starting wage freeze. That is hardly asking for the moon. Point being that now is not the time for the Union to decide the health of the company. If they bleed all the money they can over one quarter of profits and allow no further movement towards growth, they are no better than the high paid "run it, ruin it, and pocket the millions" CEO's everyone despises.
Smoke 05 Titan SE CC 4X4
K&N panel filter
PRG 2.5" Leveling kit
Bilstein front,Icon rear shocks
Powerstop slotted rotors
18" Wrangler AT/S LT's
2009 Fleetwood Prowler 2702BS
Primus Brake Controller
Reese DC w/ 1,000lb/10,000lb WD
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Capt Skup
Southern Maryland/Nantucket
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Joined: 05/14/2004
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Quote:With $15 billion in debt, won't take them too long to be free and clear.
Yup, Ford is carrying a big load of debt. Difference between Ford and GM/Chrysler, Ford is carrying it's own debt. We the taxpayers, are now carrying GM and Chryslers debt.
Capt Skup
AD-1(AW)USNRet.
Wonderful Wife,3 Daughters,2Goldens Gus&Riley
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'08 F-450 Lariat 4x4
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texasbaskets
Frisco, TX
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Joined: 10/06/2003
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Go Ford !!!
Michael, Kay, and Prissy (The vicious Malti-Poo)
'05 Coachmen SportsCoach SE 372DS a.k.a.  "Mana's Cabana"
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hone eagle
essex ontario canada
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Joined: 11/18/2004
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Capt wrote:Quote:With $15 billion in debt, won't take them too long to be free and clear.
Yup, Ford is carrying a big load of debt. Difference between Ford and GM/Chrysler, Ford is carrying it's own debt. We the taxpayers, are now carrying GM and Chryslers debt.
Remember they had no problem swapping debt for equity a few months ago and are predicted to do it again when the time is right.
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fla-gypsy
North Florida
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Joined: 04/19/2005
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RetiredbutWorking wrote:Maybe the car czar will study the success of Ford and implement similar changes over at GM.
Hahahaha, that will be the last thing they do, they already know it all! Just ask them.
09 SuperDuty Crew Cab 6.8L/4.10(The Black Pearl)
06 Keystone Hornet 29 RLS/(The Cracker Cabana)
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redsb3
Tucson
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Joined: 09/30/2007
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The article says their first profitable quarter since 2005 in North America. I would say Ford is far from being out of the woods. The scorpion diesel better live up the the hype or it could put them in the same boat as GM and Chysler.
2005 GMC Sierra SLT CC/SB with 6.6L Duramax/Allison
2002 Automate 5W, 32 ft, 13,280 GVWR
Valley Glider Hitch
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