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Q4 for Ford will be even worse, stock prices still rise
Oh boy. It looks like the $5.8 billion loss Ford just reported isn't the end of the red ink for the foreseeable future. On Oct. 23, new Ford Motor Co. CEO Alan Mulally had to announce those huge third-quarter losses, the biggest quarterly loss since 1992. The Premier Automotive Group (the luxury group that includes Land Rover, Aston Martin, Jaguar, and Volvo), alone was responsible for $600 million of that loss. Now the company has announced that fourth-quarter earnings will also be dismal due to production cuts, lack of SUV demand, and ... Read more →
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Q4 for Ford will be even worse, stock prices still rise 3 years ago on Autoblog
Oh boy. It looks like the $5.8 billion loss Ford just reported isn't the end of the red ink for the foreseeable future. On Oct. 23, new Ford Motor Co. CEO Alan Mulally had to announce those huge third-quarter losses, the biggest quarterly loss since 1992. The Premier Automotive Group (the luxury ...
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BREAKING: Swedish Patient Succumbs - Deal for Saab is dead on the table, GM to wind down brand
Confirmed: 2011 Ford Mustang GT to offer 412-horsepower 5.0-liter V8
Officially Official: VW and Suzuki tie the knot
BREAKING: Whitacre to shakeup GM management, put Lutz in product planning [UPDATE: Confirmed]
BREAKING: Mitsubishi Colt is coming to America
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Autoblog Podcast #157: Mike Levine trucks along with us.
Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too!
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