foxrun

How long is Merritt staying there?

Lololol!!! Ya your right I'm just envious.

Walked by the computer learning center today. Lookin more like the geriatric center, what a waste.

"You brothers and sisters were screwed" not WE. Nice tell.

Scheduled 10hrs lol!! Hope for more like it.

Is this a case of North American profits being funneled to improve fords global imprint. Glad to see working people in China are getting more work opportunities.

http://www.theglobeandmail.com/globe-investor/news-sources/?date=+20110616&archive=prnews&slug=DE21098

How many took it?

It took a while but the flies are back in the urinals. Voith.

JIT or jNit?, is it getting criticized, reevaluated? This could be one of the greatest turning points in history. very Japanese Ford.

I remember when those people were protesting for our support in Hamilton because they were going to lose out to Magna. That was the contract where we got a signing bonus. I personally felt disgusted.

Ford sales are through the roof, customers are put on an ever longer waiting list and the competition has its backs to the wall. Evertime something happens around the world the plants seem have atleast some part made there, Indian labour unrest, Mexican drug lords, Chinese carelessness, and now this. Maybe that crazy old fascist nutbar Henry knew more then todays globalize obsessed capitalist do.

10hrs til feb, hmmm. wouldn't it be just crazy if Dingy wasn't.

Large order to China, they are going to reverse engineer our cars and build them there like the Koreans did with the Windstar.

agreed

Jus tryin to point out how old some things can be. Besides your misinterpretation is common.

It's not what the said people might have done as much as the self interested statement after the fact. And it isn't conquer, it is rule, or how we get manipulated.

Divide et impera

I heard a guy who told his brother that said his sister told a deaf priest what a blind guide saw was. sorry couldn't help myself. I agree things arn't getting better, not quite armageddon Dingy but still not good.

Is this degenerating into a "not me" arguement.

Ford Motor plans to use expanded capacity in India to launch eight new models over the next five years and export its locally assembled small Figo car to about 50 countries. The Detroit carmaker’s strategy for its Indian operations were detailed in remarks prepared for delivery at a conference in New Delhi on Thursday by Joe Hinrichs, head of Ford’s Asia-Pacific and Africa operations. EDITOR’S CHOICE Editorial: Go east, young car salesman - Aug-13Lex: US car sales - Aug-11beyondbrics: Mahindra says it can revive Ssangyong - Aug-03In depth: Car industry: after the crisis - Aug-12Mr Hinrichs said the new models would be built with chassis used for similar models – under the company’s “One Ford” strategy, which has become an increasingly important part of its drive to integrate worldwide operations. The Figo is one of several small models – also including Volkswagen’s Polo and the Nissan Micra – that have sharply boosted car sales in India this year. Domestic sales reached a new record in July, up 38 per cent from a year earlier. Some carmakers see India as a more promising market than China in the next few years, with an estimated 10m-11m Indians expect to shift from two-wheeled forms of transport to small cars. By contrast, sales in China rose at their slowest pace in 15 months in July. Ford unveiled a $500m plan last September to double capacity of its assembly plant in Chennai and to build a new engine plant. It has also set up new dealerships to make up ground lost earlier to its domestic and foreign rivals. Toyota, Honda and Volkswagen are among other carmakers that are increasingly focusing on India as a small-car manufacturing hub. The new investments have coincided with a recovery in India’s economy and a revival of credit, with banks and finance companies now more willing to provide auto loans. Ford India began exporting the Figo to South Africa in May. Mr Hinrichs said future markets will include Mexico, North African countries and the United Arab Emirates. He estimated that Ford’s sales in the Asia-Pacific region and Africa would make up two-thirds of its worldwide growth over the next decade. General Motors, Ford’s bigger Detroit rival, already sells more vehicles in China than in the US. It said that it plans to concentrate on China and Brazil. Japanese carmakers are expanding production in India and other overseas markets partly to reduce their dependence on exports from Japan, whose profitability has been dented by the surging yen. Toyota announced a five-year plan last month to build factories in China, India, Brazil and the US.

well said.

I remember all the end of the world speeches from union reps only months ago. I guess that was a big oops.

Ford profits hit six-year high By Bernard Simon in Toronto Published: July 23 2010 13:31 | Last updated: July 23 2010 13:31 Ford Motor, the US’s second-largest carmaker, on Friday said it expected to hold a net cash position by the end of next year as its operating performance continues to improve. The group, which on Friday reported its highest quarterly profit in six years – its fifth consecutive quarterly profit – said net debt shrank to $5.4bn from $9bn in the second quarter. EDITOR’S CHOICE GM buys AmeriCredit in $3.5bn deal - Jul-22Ford reshuffles senior management - Jul-16Treasury under fire on impact of car rescues - Jul-18Magna investors set to debate shares reform - Jul-22“By the end of 2011, Ford expects to move from a net debt position to a net cash position,” the group said. Ford shares jumped 3.4 per cent to $12.50 on Friday morning, reinforcing their recovery since the bottom of the recession in late 2008 when they sank close to $1. “We are ahead of where we thought we would be despite the still challenging business conditions,” Alan Mulally, chief executive, said, adding that “we expect even better financial results in 2011”. Ford, the only one of the three Detroit carmakers not to accept a government bail-out, has benefited from a steadily improving share of its core North American market and rising transaction prices for its models. The carmaker said its priorities included expansion in China, India and other fast-growing markets; further lowering costs; and strengthening the balance sheet with a view to regaining its investment grade credit rating. Ford on Friday said second-quarter net profit rose to $2.6bn from $2.3bn a year earlier while operating cash flow was $2.6bn. Both far exceeded analyst estimates. Ford’s gross debt, which fell to $27.3bn from $34.3bn, is far higher than General Motors or Chrysler. Ford’s cash reserves stood at $21.9bn at the end of June. Ford’s profits rise was driven mainly by a sharp turnround in North America, where pre-tax operating profit surged to $1.9bn, compared with an $899m loss a year earlier and first-quarter earnings of $1.2bn. A combination of new models, an improved brand image and higher trade-in values have enabled Ford to boost transaction prices. Lewis Booth, chief financial officer, told the Financial Times that customers were also buying more high-margin accessories. Edmunds.com, an online car-buying service, estimates that the average price of an F-Series pick-up, Ford’s top-selling vehicle, rose to $32,759 in the second quarter from $30,602 a year earlier. Ford Europe’s operating profit rose to $322m from $57m a year ago and $107m in the first quarter. The carmaker expects its market share in Europe to be lower this year than in 2009. “We’ve made a conscious decision that we’re going to run the European business for profit rather than for market share,” Mr Booth told the F