salsakingcpa Posted January 30, 2008 Share Posted January 30, 2008 BRAZIL: Unique new Ka promises success At prices starting around 25,000 Brazilian reais (about $US14,000), Ford has included a standard specification which is far above the normal 'base' here: automatically locking doors, keyless entry and tailgate unlocking (with dashboard button), alarm, body colour bumpers and a maintenance reminder in the instrument cluster are included on all versions. http://www.just-auto.com/article.aspx?id=93714 Great News for 2008 and beyond!!! Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 It would be very nice if you can go to Brazil, and buy one of this Ka's and import it back to the US even better if you can just order one off online. BRAZIL: Unique new Ka promises success At prices starting around 25,000 Brazilian reais (about $US14,000), Ford has included a standard specification which is far above the normal 'base' here: automatically locking doors, keyless entry and tailgate unlocking (with dashboard button), alarm, body colour bumpers and a maintenance reminder in the instrument cluster are included on all versions. http://www.just-auto.com/article.aspx?id=93714 Great News for 2008 and beyond!!! Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 (edited) Ford South America makes money, but Ford North America loses billions indeed world is upside down. "For the fourth quarter, Ford's South America operations posted a pre-tax profit of $418 million, up from $114 million a year ago. The improvement reflected higher net pricing and higher volume. Fourth-quarter revenue improved to $2.4 billion from $1.7 billion a year ago." http://jalopnik.com/348979/2007-a-good-yea...oses-27-billion Edited January 30, 2008 by salsakingcpa Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 30, 2008 Share Posted January 30, 2008 Ford South America makes money, but Ford North America loses billions indeed world is upside down. I don't get it, what's so funny.... :shrug: Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 (edited) Ford that invented automobile production is losing home front, and is about to close down. Rather maybe it should just mothball the entire US production. Edited January 30, 2008 by salsakingcpa Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 30, 2008 Share Posted January 30, 2008 (edited) Ford that invented automobile production is losing home front, and is about to close down. Rather maybe it should just mothball the entire US production. Why? Losses are shrinking, revenues are up. I don't see where your going. Edited January 30, 2008 by suv_guy_19 Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 Well, when recession gets worse, and worse, and worse; you shall see what I mean. It is possible that a big recession/economic depression ala 1930s and 1970s are overdue since it is acknowledged by some US economists that US economy goes through one of those very 30 to 60 years (Also a bad recession happened in 1890s). By this time, Ford most likely be in the hands of bankers that loaned $$$ secured with everything that it has including its Blue Oval; these bankers were smart, maybe they knew something like this was about to happen around the corner Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 30, 2008 Share Posted January 30, 2008 (edited) Well, when recession gets worse, and worse, and worse; you shall see what I mean. It is possible that a big recession/economic depression ala 1930s and 1970s are overdue since it is acknowledged by some US economists that US economy goes through one of those very 30 to 60 years (Also a bad recession happened in 1890s). By this time, Ford most likely be in the hands of bankers that loaned $$$ secured with everything that it has including its Blue Oval; these bankers were smart, maybe they knew something like this was about to happen around the corner Actually, Ford was smart. It secured the money before all of these problems. They probably wouldn't even be able to get that kind of funding now. And things are not going to get that bad. The economy is supposed to begin to bounce back by as early as Q4 this year in NA. Edited January 30, 2008 by suv_guy_19 Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 30, 2008 Share Posted January 30, 2008 Well, when recession gets worse, and worse, and worse; you shall see what I mean. It is possible that a big recession/economic depression ala 1930s and 1970s are overdue since it is acknowledged by some US economists that US economy goes through one of those very 30 to 60 years (Also a bad recession happened in 1890s). By this time, Ford most likely be in the hands of bankers that loaned $$$ secured with everything that it has including its Blue Oval; these bankers were smart, maybe they knew something like this was about to happen around the corner Interesting theory, but it doesn't hold any water. Ford's cash on hand has been INCREASING since they took their last set of loans and they still have credit lines that haven't been used yet. They have the tools they need to weather a recession. Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 It should have been SMARTER; it should have been better off filing "Ford North American Bankruptcy." Of course before this, it should have spinned off its other assets such as Volvo, Ford Finance, Land Rover, Jaguar, and maybe move its headquaters to Bahamas or something; just like, Boeing (CEO Alan Mulally former employer) moved its headquarters to Chicago from Seattle. If it had done its bankruptcy it wouldn't need any borrowing; it will take an herculean effort to repay its debt once us economy/world economy goes into a full blown recession, but I do wish the best for Ford though. I am a one of those few people who say Buy Ford!!! :happy feet: Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 30, 2008 Share Posted January 30, 2008 It should have been SMARTER; it should have been better off filing "Ford North American Bankruptcy." Of course before this, it should have spinned off its other assets such as Volvo, Ford Finance, Land Rover, Jaguar, and maybe move its headquaters to Bahamas or something; just like, Boeing (CEO Alan Mulally former employer) moved its headquarters to Chicago from Seattle. If it had done its bankruptcy it wouldn't need any borrowing; it will take an herculean effort to repay its debt once us economy/world economy goes into a full blown recession, but I do wish the best for Ford though. I am a one of those few people who say Buy Ford!!! :happy feet: Bankruptcy would have been a HORRIBLE idea. The Ford family would have been forced to divest its controlling ownership of the company, which they obviously have no desire to do. They slashed their losses in '07 and will likely come close to break-even in '08. '09 they are expected to return to profitability, which includes payments on their loans. The way things are moving forward right now, it seems everything is on track for their end-of-decade goals. Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 (edited) That's why it says "bankrupt just the north american operation which is bankrupt anyway due to its unaccrued legacy costs that run into tens to billions." Of course, before this happened, best thing was to move its corporate headquarters to Bahamas, and spinned off all its assets. Why don't you go study some bankruptcy law before you open your... This is one of signs that US no longer has educated people as it used to when US was at its prime in the sixties and seventies. Bankruptcy would have been a HORRIBLE idea. The Ford family would have been forced to divest its controlling ownership of the company, which they obviously have no desire to do. They slashed their losses in '07 and will likely come close to break-even in '08. '09 they are expected to return to profitability, which includes payments on their loans. The way things are moving forward right now, it seems everything is on track for their end-of-decade goals. Edited January 30, 2008 by salsakingcpa Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 30, 2008 Share Posted January 30, 2008 But what do I know. Seemingly, very little. Quote Link to comment Share on other sites More sharing options...
danup Posted January 30, 2008 Share Posted January 30, 2008 Wait, they're keeping the old version over there and refreshing it even as a new one comes out in Europe, because it will be cheaper? I feel like I've heard this one before. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 30, 2008 Share Posted January 30, 2008 Seemingly, very little. Quote Link to comment Share on other sites More sharing options...
Ford Jellymoulds Posted January 30, 2008 Share Posted January 30, 2008 Seemingly, very little. T Stang? Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 suv_guy_19; Ford Jellymoulds; NickF1011 people don't know $#%^ about what's going; I wonder how long this list is going grow!!! Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 30, 2008 Share Posted January 30, 2008 suv_guy_19; Ford Jellymoulds; NickF1011 people don't know $#%^ about what's going; I wonder how long this list is going grow!!! Yeah....so being a CPA makes you infinitely more qualified to know what's best for Ford Motor Company than their entire accounting department and executive panel. Mmmm hmmm. Bankruptcy would have been idiotic. Period. Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 (edited) SO NOW YOU are the entire accounting department, Yep, no wonder Ford is in a such deep %$#@ Edited January 30, 2008 by salsakingcpa Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 30, 2008 Share Posted January 30, 2008 SO NOW YOU are the entire accounting department, yep, no wonder Ford is such a deep %$#@ No, but I echo the sentiments of their accounting department. Did they file for bankruptcy? Nope. So obviously they agree with me that it wouldn't have been the right thing to do. Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 Now you are their echo of the entire accounting department and the executive office !!! Yep... These people have their hands tied to both attorneys and investment bankers; the formers can't do shit without consulting the latters first. Obviously attorneys and investments bankers are going to advice Ford to do something that is in the best interest of "you guess it right again" attorneys and investment bankers. Quote Link to comment Share on other sites More sharing options...
Edstock Posted January 30, 2008 Share Posted January 30, 2008 SO NOW YOU are the entire accounting department, Yep, no wonder Ford is in a such deep %$#@ Better off sticking with the salsa, dude. We are all very aware of the problems that Ford has to deal with, and how things got this way. In your opinion, "Ford is in a such deep %$#@". Erudite. The fact of the matter is, except for North America, Ford is doing fine. You want to believe otherwise, that's OK, we need a good laugh. Thanks for playing Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted January 30, 2008 Share Posted January 30, 2008 Now you are their echo of the entire accounting department and the executive office !!! Yep... These people have their hands tied to both attorneys and investment bankers; the formers can't do shit without consulting the latters first. Obviously attorneys and investments bankers are going to advice Ford to do something that is in the best interest of "you guess it right again" attorneys and investment bankers. Yes, and what exactly would attorneys and investment bankers gain by a bankrupt Ford? Perhaps some pickings in the short term, but nothing long term. And again, bankruptcy would have forced the Ford family out as controlling interest holders, which is the last thing they want to allow to happen. Bankruptcy would have been bad for the company, and considering how close they are to becoming profitable again already, it seems like a downright foolish idea in retrospect. Quote Link to comment Share on other sites More sharing options...
salsakingcpa Posted January 30, 2008 Author Share Posted January 30, 2008 Ford can do better though!!! I don't see why Ford can not be better than Toyota. Quote Link to comment Share on other sites More sharing options...
suv_guy_19 Posted January 30, 2008 Share Posted January 30, 2008 Ford can do better though!!! I don't see why Ford can not be better than Toyota. This is all starting to get a little annoying. Quote Link to comment Share on other sites More sharing options...
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