Ford Lost 12.7 BILLION in 2006 - Ranger-Forums - The Ultimate Ford Ranger Resource


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  #1  
Old 01-25-2007
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Ford Lost 12.7 BILLION in 2006

HOLY CRAP that sux.

Check out the article:

$12.7 Billion Loss
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  #2  
Old 01-25-2007
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hope they pull out of this in the future. i did my part by buying a 2007 ford ranger.
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  #3  
Old 01-25-2007
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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.
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  #4  
Old 01-25-2007
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It will really does sucks and they are thinking about giving their executives bonuses.
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  #5  
Old 01-25-2007
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hey thats only about $24,000 per minute
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  #6  
Old 01-25-2007
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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.
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  #7  
Old 01-25-2007
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Quote:
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?
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  #8  
Old 01-25-2007
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Quote:
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.
Nope. People are choosing to buy Jap cars and other Jap products.
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  #9  
Old 01-25-2007
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this was just on cnn and they said analyst think ford may not be around much longer
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  #10  
Old 01-26-2007
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Quote:
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
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  #11  
Old 01-26-2007
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Quote:
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.
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  #12  
Old 01-26-2007
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Sucks the big one, but they WILL recover.
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  #13  
Old 01-26-2007
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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.
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  #14  
Old 01-26-2007
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Quote:
Originally Posted by Jeremy102579
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.
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 ?

Quote:
Originally Posted by Bhavesh
I don't think our economy is screwed buying a jap car
Maybe that guy should live in a once prosperous industrial area.

I'm just glad our Firearms MFGR's are still made here, at least we can defend ourselves with something MADE HERE! Then again, Winchester was looking to move to japan a while back too :(
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  #15  
Old 01-26-2007
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Quote:
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.
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  #16  
Old 01-26-2007
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buy american while you still can
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  #17  
Old 01-26-2007
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american automobiles will always be around...........
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  #18  
Old 01-26-2007
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Quote:
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.
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  #19  
Old 01-26-2007
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Quote:
Originally Posted by Jeremy102579
american automobiles will always be around...........
RCA , Motorola and Magnavox all used to make TV's and radios here. Where are they now? How about the whole semiconductor market? Simi and Silicone Valley, CA, GONE.

How About Trico wiperblades, right on Ellicot Street.. all 3 plants.. Off to Mexico the day after NAFTA was put into law.

Ford and Chevy can go the way of the TV sets here, they can fold, and Nissan and Toyota can take their place.. How many people will they employ? Would be a whole lot cheaper for them to just make it and ship it here for the labor costs alone. They would have no domestic competition, they could charge whatever they wanted..

I blame US, as in You and I for a lot of this mess. I blame the Consumers for not looking at where things are made and where their dollars are going to when they spend.

People pick up ' Consumer Reports ' and read teh Rubbish. How about JD powers and Assoc. They said the LvL2 ranger scored highest on everything in its class, yet didn't get first place? OF COURSE they said the Taco was better, yet the LvL2 hannded its **** offroading!
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  #20  
Old 01-26-2007
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Quote:
Originally Posted by Jeremy102579
nope, it will be worse then it is now......they should have thought about this whole issue years ago, when they were on top.
'They'? How about 'WE' as consumers.
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  #21  
Old 01-26-2007
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remember; ford also owns a lot of other car companies. they'll "somehow" get thru this 12 billion dollar crisis..
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  #22  
Old 01-26-2007
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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.
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  #23  
Old 01-26-2007
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I know that Ford has lost thousands of dollars paying for my warranty repairs.
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  #24  
Old 01-26-2007
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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.
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  #25  
Old 01-26-2007
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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.
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