Nice profit in Q3. Government bailouts be damned!!!! ;)
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Way to go Ford!
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Re: Way to go Ford!
Good for Ford. From what I know from my friend who is a Ford exec - they cut painfully to the bone BEFORE the bottom fell completely out of the car business so they were in a position to move forward with just a bit of a recovery. They credit the "Cash for Clunkers" program with priming the pump and getting rid of old stock so that they can turn a profit. Not saying it went well but that WAS the intent of that program.
Dan
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