milan129

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Ford profit: $1 billion Strong 1st quarter is another high for rebounding U.S. auto industry BY BRENT SNAVELY AND JEWEL GOPWANI FREE PRESS BUSINESS WRITERS Comments (66) Recommend (1) Print E-mail Letter to the editor Share Ford, a year ago in danger of being dragged down with a collapse of its nearly bankrupt Detroit rivals, is projected to report nearly $1 billion in first-quarter profits Tuesday, the strongest indication yet that the U.S. auto industry is bouncing back more quickly than expected. The expected profit announcement will follow news last week of General Motors' early repayment of $5.8 billion in government aid and word that Chrysler is on the path to break even this year. Though taxpayers might never be fully repaid the nearly $85 billion in aid they provided the industry, and a singed Michigan must move aggressively to diversify its economy, a more optimistic outlook is sweeping through parts of Detroit's hallmark automotive sector. "A year ago at this time, we were fearful General Motors would fail and take the whole industry down with it," Bill Ford, executive chairman of Ford Motor, told the Free Press on Thursday. "What a difference a year makes." David Cole, chairman of the Center for Automotive Research in Ann Arbor, said the industry is at the cusp of "a really significant turnaround point," noting that it came "much faster than I think most people anticipated." Business at Ford, which bypassed federal assistance, hasn't been stronger since the SUV craze collapsed. Customers increasingly prefer Ford's high-quality, technology-loaded, fuel-efficient cars, leading Ford to gain market share in the U.S. and Europe. But Bill Ford says his great-grandfather's company has learned some hard lessons and won't return to the days of self-celebration. "We're very pleased but very cautious," Ford said. "I know how quickly things can change, and I know how quickly self-satisfaction turns into self-destruction."

I may have assembled the fuel tank. Thanks for buying a Ford and doing your part in keeping this economy churning.

Thanks for the update.

Did you get in? Up over $12 today!!!!

:hyper: Ford closed at $11.66 today. Buy it on the outside, buy it thru your IRA, buy it thru your 401K, just buy it.

Maybe adding shifts and getting those on ILO back to work.

As of 9 a.m. today, no longer locked up. Jump back in!!! Don't wait until the new, improved horse power Mustangs hit the street, the stock will rise again. Hold on to your shorts!!!!

:happy feet: Ford is reporting sales increase for the month of December at 33%. Largest sales uptick since May of 2008. Their market share is now at 15% up 1% over last year. :happy feet:

or just press "enter" or "return"

beginning 9 am January 5th at: www.myfordbenefits.com or thru NESC 1-800-248-4444 the first time you log on or call you will use your SS# as your initial User ID and your six digit birth date as your initial PIN

Just curious, anyone on here install the fuel tanks in the Taurus? I personally assemble the tanks along with eleven other employees. Know that we do our very best to ship out top quality parts. There are three tanks on what we call D car line (D258-Taurus), CK, AJ, BJ, with the last two being a saddle tank. Do they all go into Taurus vehicles and which one goes into the SHO version? Keep up the good work Chicago, we are hoping the public loves the redesign and the sales pick up.

Just to let you know, Milan hired six people last week. Will eventually hire 30 total. They are not Blue. They are Orange, ILO'd from other facilities.