General Ford Ranger Discussion General discussion of the Ford Ranger that does not fit in any other sub-forum.
Sponsored by:
Sponsored by: DashLynx

Ford Lost 12.7 BILLION in 2006

Thread Tools
 
Search this Thread
 
  #1  
Old 01-25-2007
WholesaleMN.com's Avatar
Member
Thread Starter
Join Date: Jun 2004
Location: Blaine, Minnesota
Posts: 246
Likes: 0
Received 0 Likes on 0 Posts
Ford Lost 12.7 BILLION in 2006

HOLY CRAP that sux.

Check out the article:

$12.7 Billion Loss
 
  #2  
Old 01-25-2007
ranger guy2's Avatar
Member
Join Date: Sep 2006
Location: denville
Posts: 194
Likes: 0
Received 0 Likes on 0 Posts
hope they pull out of this in the future. i did my part by buying a 2007 ford ranger.
 
  #3  
Old 01-25-2007
n3elz's Avatar
RF Veteran
Join Date: Jun 2004
Location: Kennett Square, PA
Posts: 10,623
Likes: 0
Received 4 Likes on 4 Posts
That's what happens when you have to compete with subsidized foreign cars.

On the bright side, they have some of the highest quality vehicles on the market now.
 
  #4  
Old 01-25-2007
casfz1's Avatar
Member
Join Date: Aug 2005
Location: southgate, mi
Posts: 1,989
Likes: 0
Received 0 Likes on 0 Posts
It will really does sucks and they are thinking about giving their executives bonuses.
 
  #5  
Old 01-25-2007
gatorblue92's Avatar
RF Veteran
Join Date: Jun 2004
Location: Delaware
Posts: 8,238
Likes: 0
Received 2 Likes on 2 Posts
hey thats only about $24,000 per minute
 
  #6  
Old 01-25-2007
03bamaGT's Avatar
Member
Join Date: Aug 2006
Location: B'ham, AL
Posts: 1,752
Likes: 0
Received 0 Likes on 0 Posts
lol thats a lot a minute...just lost another 24k i guess...quality has gone up over the years just that gas prices are bringing americans to japanese cars and screwing our economy.
 
  #7  
Old 01-25-2007
graniteguy's Avatar
Member
iTrader: (3)
Join Date: Jul 2005
Location: Texas
Posts: 3,221
Likes: 0
Received 1 Like on 1 Post
Originally Posted by 91redranger
gas prices are bringing americans to japanese cars and screwing our economy.
That statement could have been said 30 years ago and would have still worked.

Any comments on Ford stock going up today on the news of the loss? It's only 2 or 3 cents a share increase, but still. I guess the market thinks the job buyouts which caused a lot of the losses is looked at in a positive note?
 
  #9  
Old 01-25-2007
Join Date: May 2005
Location: The ILL State
Posts: 1,297
Likes: 0
Received 0 Likes on 0 Posts
this was just on cnn and they said analyst think ford may not be around much longer
 
  #10  
Old 01-26-2007
Bhavesh's Avatar
Member
Join Date: Oct 2006
Location: City, State
Posts: 507
Likes: 0
Received 1 Like on 1 Post
Originally Posted by 91redranger
lol thats a lot a minute...just lost another 24k i guess...quality has gone up over the years just that gas prices are bringing americans to japanese cars and screwing our economy.
I don't think our economy is screwed buying a jap car
 
  #11  
Old 01-26-2007
Bhavesh's Avatar
Member
Join Date: Oct 2006
Location: City, State
Posts: 507
Likes: 0
Received 1 Like on 1 Post
Originally Posted by 2003stealthedge
this was just on cnn and they said analyst think ford may not be around much longer
I don't believe this either. Ford will still be around for a long time.
 
  #12  
Old 01-26-2007
Join Date: Dec 2006
Location: USA
Posts: 73
Likes: 0
Received 0 Likes on 0 Posts
Sucks the big one, but they WILL recover.
 
  #13  
Old 01-26-2007
Jeremy102579's Avatar
Member
Join Date: Jun 2006
Location: North Tonawanda, NY
Posts: 431
Likes: 0
Received 1 Like on 1 Post
i am sorry, i love my ranger, but i love my civic too. my next truck will be a toyota.
this ranger will probably be my last american brand car. once you go foreign, most people dont go back. i wanted a toyota pickup for the winter, but had to settle for my ranger due to toyota trucks with 200,000 miles on them being worth more then i paid for my ford fwith 160,000 on her. GM is totally out of the question for me.

Like i said, i love my ranger, but you cant beat honda and toyota quality.
 
  #15  
Old 01-26-2007
Jeremy102579's Avatar
Member
Join Date: Jun 2006
Location: North Tonawanda, NY
Posts: 431
Likes: 0
Received 1 Like on 1 Post
Originally Posted by D.
Your from Buffalo, Same as I. Whats going to happen when that Plant on RT5 closes? American Axle and Dunn will be gone with them. How about the GM plant on the waterfront.. Do you think our econemy will be great ?



:(
nope, it will be worse then it is now......they should have thought about this whole issue years ago, when they were on top.
 
  #16  
Old 01-26-2007
Noone's Avatar
Member
Join Date: Nov 2006
Location: Springfield, MO
Posts: 399
Likes: 0
Received 1 Like on 1 Post
buy american while you still can
 
  #17  
Old 01-26-2007
Jeremy102579's Avatar
Member
Join Date: Jun 2006
Location: North Tonawanda, NY
Posts: 431
Likes: 0
Received 1 Like on 1 Post
american automobiles will always be around...........
 
  #18  
Old 01-26-2007
graniteguy's Avatar
Member
iTrader: (3)
Join Date: Jul 2005
Location: Texas
Posts: 3,221
Likes: 0
Received 1 Like on 1 Post
Originally Posted by Jeremy102579
once you go foreign, most people dont go back. .
I went through my rebellious years and bought a new nissan frontier crew cab. This was the first year of a true 4 dr mini. Nothing glamourous in the end and in some points dissappointing. It was bought new, so you can't blame an old vehicle for the crap this truck put me through.

The two physical latches holding the tailgate closed was plastic. The gate popped open while driving pretty often.

The brakes simply did not work on occasion in the rain. I ran through at least two insersections from memory. It wasn't a matter of locking the brakes and sliding, they didn't lock at all. I just kept going.

The center console was a pretty rigid vinyl/plastic. It cracked within weeks.

This isn't 1970's. probably 1999 or 2000. relativley new in the world of automobiles.

Everyone has the same story for a Ford or GM. No doubt. The point being- these stories shouldn't be there for the imports if they were in fact superior to an American counterpart.
 
  #21  
Old 01-26-2007
Machine090767's Avatar
RF Veteran
Join Date: May 2006
Location: Minnesota
Posts: 6,410
Likes: 0
Received 0 Likes on 0 Posts
remember; ford also owns a lot of other car companies. they'll "somehow" get thru this 12 billion dollar crisis..
 
  #22  
Old 01-26-2007
03bamaGT's Avatar
Member
Join Date: Aug 2006
Location: B'ham, AL
Posts: 1,752
Likes: 0
Received 0 Likes on 0 Posts
yes ford can sell its companies and easily get by this crisis...as for the car and driver and other magazine bull s*&t. most of these magazines have a "Gotta Have it Factor" as one of there ratings. They are all bias these days one way or another. The only thing they did right was give the new f-150 the credit it deserved.
 
  #23  
Old 01-26-2007
PW01's Avatar
Member
Join Date: Aug 2004
Posts: 688
Likes: 0
Received 0 Likes on 0 Posts
I know that Ford has lost thousands of dollars paying for my warranty repairs.
 
  #24  
Old 01-26-2007
whippersnapper02's Avatar
RF Veteran
iTrader: (1)
Join Date: Sep 2006
Location: Earth, Milky Way Galaxy
Posts: 7,415
Likes: 0
Received 3 Likes on 3 Posts
ford will always be around. how can one of "first" auto makers dissapear like that. im sure if they really needed to they could survive bu selling one of their other brands. they reported a major loss in 92(i think) and they r still here. no matter how many jap products come to the US there are always diehard american product fans.
 
  #25  
Old 01-26-2007
graniteguy's Avatar
Member
iTrader: (3)
Join Date: Jul 2005
Location: Texas
Posts: 3,221
Likes: 0
Received 1 Like on 1 Post
A question for someone.- Do these reported losses included any losses or gains from their sales and manufacturing in China, Europe, Australia, etc? Are they separate businesses or one global company.
 


Quick Reply: Ford Lost 12.7 BILLION in 2006



All times are GMT -6. The time now is 01:14 PM.