Good News For Gm

nbscanuck · July 10, 2009

P71_CrownVic · July 11, 2009

Yep...it is great news...right when analysts are suggesting Ford will need another debt-for-equity swap to keep out of 'trouble'.

LINKY!

WilliamBos · July 11, 2009

So they are not as well off as they are making us believe??

fbachman · July 12, 2009

So they are not as well off as they are making us believe??

Well, whether by smart business or blind, dumb, luck, Ford leveraged everything including their skivvies right before the crash.

SO, when it all came crashing down, THEY were sitting on a wad of ca$h.

Now, everyone agreed from the beginning that if the slide lasted until the end of this year, Ford would need an infusion as well. At the beginning of this, however, they didn't need an immediate boost.

Jury is still out. Ford went "all in" with the new F150. It it suceeds, so do they. If it doesn't, they won't either.

The last projections I saw indicated that if FS truck sales didn't recover significantly by Q4, Ford will be in the same crapper GM and Chrysler are in, albeit 8-12 mos later.

P71_CrownVic · July 12, 2009

So they are not as well off as they are making us believe??

No...it's like saying you are the healthiest person around because you ONLY have AIDS, Swine Flu, SARS, and a rash you just can't seem to shake.

Jury is still out. Ford went "all in" with the new F150. It it suceeds, so do they. If it doesn't, they won't either.

And last month, the Silverado 1500 outsold the F-150...by ~12,000 units.

Likarok · July 12, 2009

So they are not as well off as they are making us believe??

No...it's like saying you are the healthiest person around because you ONLY have AIDS, Swine Flu, SARS, and a rash you just can't seem to shake.

Jury is still out. Ford went "all in" with the new F150. It it suceeds, so do they. If it doesn't, they won't either.

And last month, the Silverado 1500 outsold the F-150...by ~12,000 units.

Speaking of diseases, what does GM have to do to get rid of Bob Putz?

Zembonez · July 12, 2009

Absolutely excellent news for GM. I know this doesn't make it all better but it is one decent step toward getting over the hump!

I hope it continues!

fbachman · July 13, 2009

So they are not as well off as they are making us believe??

No...it's like saying you are the healthiest person around because you ONLY have AIDS, Swine Flu, SARS, and a rash you just can't seem to shake.

Jury is still out. Ford went "all in" with the new F150. It it suceeds, so do they. If it doesn't, they won't either.

And last month, the Silverado 1500 outsold the F-150...by ~12,000 units.

wow, hadn't seen that. I didn't realize the disparity was that large....The new F150 leaves ME cold... it may be a good truck... I sure don't know. I am happier than a pig in slop with my Sierra.