Ford's financial release.... ouch... haha.....
ill let others check it out before i get going...(little while)
[ms] · Est. May 2002
Music madethis place,we just kept itgoing...
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another one bites the dust.
8 durable postsStarted 2006-10-23Latest 2006-10-24
Re: another one bites the dust.
saw that this morning. Ouch indeed.
Re: another one bites the dust.
i laugh my ass off at the american car manufacturers..... their labor costs are floating around 81% of income. that is utterly insane and no wonder they have nearly double digit loss percetages for the last few years....
Re: another one bites the dust.
5.8 billion dollars lost in one quarter, while the oil industry makes about the same in a quarter. Why? Our American auto industry and their unionized workers agreed to ridiculous pay packages and benefits over the years and the manufacturers themselves made a horrible gamble on the continued strength of a doomed to eventually fail SUV market.
Re: another one bites the dust.
yup yup yup yup yup yup
i love this... i really do , especially after that stupid lawsuit with the signhangers and electricians that knocked me out of the office for a month.... oh god i love it.... its the icing on the cake that the labor commisions in the gov't have to take a peek at the regualtions all over again... if they dont.. we wont have any industries left here..
Re: another one bites the dust.
greed & stupidity...ahhh such a wonderful combo.
Re: another one bites the dust.
How can someone lose that much money, let alone any money when you have 15 billion in sales during the quarter. :Whoaa::Hmmm::Blazed:
Re: another one bites the dust.
^^its called the union and their healthcare and retirement plans