Ford posts record loss of US$12.7 billion in 2006 - #1 Car Club In Kitchener - Waterloo - Cambridge

**jaysi** · 01-25-2007, 06:43 PM

Quote:

Ford lost US$5.8 billion in the fourth quarter of last year, due to slumping sales and massive restructuring costs. That pushed the auto manufacturer's deficit for the year to $12.7 billion.

The previous Ford record for an annual loss was $7.39 billion in 1992.

CTV.ca | Ford posts record loss of US$12.7 billion in 2006

**chodoctr** · 01-25-2007, 07:48 PM

dear lord, this company should not be in business

**ragingrivera** · 01-25-2007, 08:47 PM

Too bad, I was starting to trust american cars guess I wont be looking at them as strongly

**Shred** · 01-25-2007, 09:16 PM

That sucks. I rented a '07 Fusion V6 SEL AWD and really liked it. Sucks to see North American companies taking such loses.

**fixitmattman** · 01-25-2007, 10:34 PM

Quote:

Originally Posted by ragingrivera

Too bad, I was starting to trust american cars guess I wont be looking at them as strongly

Uh sure, because how much money they lost is the biggest indication in the world of build quality?????

They really need to stop building cars that aren't sold. I don't know how anyone can think like that anymore. Let's just build a whole bunch of cars and hope we can sell them all. It's obvious that doesn't work. Meanwhile, Toyota doesn't even build a car if it's not already sold.

**Trance|Ghost** · 01-26-2007, 07:12 AM

^thats how ford works, they just pile up there dealerships FULL of cars, and hope for the best!

**jaysi** · 01-26-2007, 01:31 PM

Quote:

Originally Posted by fixitmattman

Uh sure, because how much money they lost is the biggest indication in the world of build quality?????

They really need to stop building cars that aren't sold. I don't know how anyone can think like that anymore. Let's just build a whole bunch of cars and hope we can sell them all. It's obvious that doesn't work. Meanwhile, Toyota doesn't even build a car if it's not already sold.

They'll have to have massive layoffs.

Adding to your idea, they should cut their lineup, so many models, changes all the time. I don't even know what cars they sell now.

**CivNick** · 01-26-2007, 01:50 PM

to bad.. i want them to bring back SVT, but had to cut back

**crxforum** · 01-26-2007, 02:42 PM

I agree with the statements made about the over usage of different models. They currently have 19 models of vehicles in their line up. Nobody needs that many. Its like 'barrage them with choices. Hopefully they will choose one' mentality.

Honda has 16, but most of them are variations of each other. Like sedans vs coupes or hybrid vs gas etc.

CRX Forum

**2point2** · 01-26-2007, 05:36 PM

I blame those focas commercials..

[gay]This Is My Ford Focas..[/gay]

**NikiterZts** · 01-26-2007, 10:46 PM

^^^bhahahaha

**fatflyguy** · 01-29-2007, 01:48 AM

sad to say, but all of the North American Auto companies are posting huge loss's it's not just Ford, you forget about the huge layoff from Delphi, and the record loss from GM? It's called a recession and we're in for a very very large one since we are about 4 years past due! Get ready to go broke!

**NightHawk** · 01-29-2007, 10:15 PM

Ford is gettin out of the minivan business, This should help with the choices. (Ford made to many crappy vans anyway, Areostar Windstar/Freestar)

**fatflyguy** · 01-30-2007, 01:21 AM

They were crappy in some aspects but in others they were number 1, just like many of the other companies. It's heading the way of the Import I'm afraid, cheaper and more reliable.

**mazdaspeedpower** · 01-30-2007, 08:59 AM

Doesn't surprise me. Automakers have been reporting losses for a while now if I'm not mistaken.Also really doesn't surprise me cause it IS after all Ford. Yes I am aware my Mazda is partly owned/made whatever by ford. And ford can suck it, wait they already are. Have a nice Day.

**1ply** · 01-30-2007, 10:12 AM

Quote:

Originally Posted by fatflyguy

They were crappy in some aspects but in others they were number 1, just like many of the other companies. It's heading the way of the Import I'm afraid, cheaper and more reliable.

The only imports that are actually cheaper are KIA and Hyundai (and maybe not even that).

And crash test five star ratings aren't worth a hell of a lot if your van does not start in the morning

01-25-2007, 07:48 PM	#2 (permalink)
chodoctr VM Member Posts: 813 Join Date: Nov 2005 Ride: 1990 Nissan 300zx Twin Turbo Fav Mod: Class:	dear lord, this company should not be in business ------------------ 1990 Nissan 300zx Twin Turbo - new stereo comin this spring! 2007 Pontiac Grand Prix 2004 Honda Pilot EX-L

01-25-2007, 09:16 PM	#4 (permalink)
Shred VM Member Posts: 1,420 Location: Waterloo Join Date: Jun 2004 Ride: 1989 Nissan Skyline Fav Mod: Jimmy Class: Street	That sucks. I rented a '07 Fusion V6 SEL AWD and really liked it. Sucks to see North American companies taking such loses. ------------------ 1989 Nissan Skyline Gts-T(as in Turbo) Type M New car coming soon.

01-26-2007, 07:12 AM	#6 (permalink)
Trance\|Ghost VM Member Posts: 952 Location: Kitchener Join Date: Oct 2005 Ride: 1992 Topaz XR5 Fav Mod: its stock. Class:	^thats how ford works, they just pile up there dealerships FULL of cars, and hope for the best! ------------------ That's not oil leaking! It's sweat, from all that horsepower! _________________ www.psaclub.net Power<>Style<>Autosport

01-26-2007, 02:42 PM	#9 (permalink)
crxforum VM Administrator Posts: 3,338 Location: Kitchener Join Date: Feb 2005 Ride: 1990 Honda CR-X SiR Fav Mod: Ninterior Class: Street	I agree with the statements made about the over usage of different models. They currently have 19 models of vehicles in their line up. Nobody needs that many. Its like 'barrage them with choices. Hopefully they will choose one' mentality. Honda has 16, but most of them are variations of each other. Like sedans vs coupes or hybrid vs gas etc. CRX Forum ------------------ Honda CR-X If you need it I can get it.

01-26-2007, 05:36 PM	#10 (permalink)
2point2 VM Member Posts: 6,508 Join Date: Feb 2004 Ride: 1988 Honda CRX Fav Mod: CRXForum Class:	I blame those focas commercials.. [gay]This Is My Ford Focas..[/gay] ------------------ 2.2L Turbo CRX - 10.73 @ 137mph - Pump gas, and then drove it home.

01-25-2007, 08:47 PM	#3 (permalink)
ragingrivera VM Member Posts: 111 Location: Cambridge Join Date: Aug 2006 Ride: NIssan Sentra Fav Mod: winter tires Class:	Too bad, I was starting to trust american cars guess I wont be looking at them as strongly

01-26-2007, 10:46 PM	#11 (permalink)
NikiterZts VM Member Posts: 1,026 Location: Kitchener Join Date: Dec 2006 Ride: 2002 Ford Focus ZTS Fav Mod: full exhaust Class: Street	^^^bhahahaha ------------------ White Folks Gangstaz and The Thugz [Ay Bay Bay]

01-29-2007, 01:48 AM	#12 (permalink)
fatflyguy VM Member Posts: 553 Location: Guelph Join Date: Jan 2004 Ride: 94 Ford Probe Fav Mod: Class:	sad to say, but all of the North American Auto companies are posting huge loss's it's not just Ford, you forget about the huge layoff from Delphi, and the record loss from GM? It's called a recession and we're in for a very very large one since we are about 4 years past due! Get ready to go broke! ------------------ Admin-- www.guelphsfinest.com

01-29-2007, 10:15 PM	#13 (permalink)
NightHawk VM Member Posts: 2,920 Location: Kitchener Join Date: Dec 2003 Ride: 1985 Pontiac Fiero Fav Mod: Lowering springs Class: Street	Ford is gettin out of the minivan business, This should help with the choices. (Ford made to many crappy vans anyway, Areostar Windstar/Freestar) ------------------ <Kevin> 1995 Chevy Cavalier- RIP??? 2003 Chevy Trailblazer LT EXT- Daily Driver 1985 Pontiac Fiero GT Fastback- New toy

01-30-2007, 01:21 AM	#14 (permalink)
fatflyguy VM Member Posts: 553 Location: Guelph Join Date: Jan 2004 Ride: 94 Ford Probe Fav Mod: Class:	They were crappy in some aspects but in others they were number 1, just like many of the other companies. It's heading the way of the Import I'm afraid, cheaper and more reliable. ------------------ Admin-- www.guelphsfinest.com

01-30-2007, 08:59 AM	#15 (permalink)
mazdaspeedpower Trippin' Balls Due To Mazda's Speed Posts: 1,097 Location: Kitchener Join Date: Aug 2005 Ride: 2003.5 Mazdaspeed Protege Fav Mod: Spec Stage 3 Clutch Class: Street	Doesn't surprise me. Automakers have been reporting losses for a while now if I'm not mistaken.Also really doesn't surprise me cause it IS after all Ford. Yes I am aware my Mazda is partly owned/made whatever by ford. And ford can suck it, wait they already are. Have a nice Day. ------------------ 2003.5 Titanium Grey Mazdaspeed Protege-2.0L 5spd Turbo 1996 Cavalier-2.2L 3psd(AT)

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