Q1Results


Ford's Q1 loss better than expected

On slightly higher revenue, and with cost-cutting moves well underway, Ford Motor Co. posted a much smaller loss in Q1 of 2007 than for the same period in 2006. This year's net loss was a still-substantial $282 million, but compared with a loss of $1.4 billion last year, it seems like a drop in the bucket. Besides the turnaround plan that is going to result in 16 plant closures and 45,000 job cuts (18,000 pink slips issued already), Ford said better results from its European and luxury vehicle operations helped improve the overall numbers. ... Read more →

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Autoblog Podcast #155: 'Twas the night before LA...

Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.

 
 

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