Posted: 4 month(s) and 13 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: roz_e123

Maybe some of you remember that blog I wrote about GM and their restructuring attempts to pull through this economy (GM's Attempt to Pull Through), well it looks like Ford is going through the same problems

According to this article on MSN, "This morning, the U.S. automaker reported a whopping loss of $8.7 billion, or $3.88 per share, as more consumers shifted away from sport-utility vehicles and trucks to smaller, more fuel-efficient cars."

Well, that's no surprise here, because we all know how much gas prices have rose so it's only natural for people to want smaller non-gas guzzling vehicles.

Check out the article Ford's big loss: $8.7 billion in 3 months and prepare to not be surprised

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