Ford's CEO's New Ride.

[texas1928]

http://www.8thcivic.com/forums/showthread.php?t=482

[motely36]

1. That's just wrong.

[Wickerman]

2. Yes, but he has earned it

:eyes:

http://www.detnews.com/2005/autosinsider/0504/12/01-146807.htm

Ford shares fall after report of lowered earnings forecast

By Dee-Ann Durbin / Associated Press

DETROIT -- Ford Motor Co. shares fell to their lowest level in more than a year Monday as investors absorbed news that the No. 2 automaker in the United States doesn't expect to meet its profit goals in 2005 or 2006.

Ford lowered its full-year profit forecast on Friday to $1.25 to $1.50 per share from $1.75 to $1.95 per share. The company also said it doesn't expect to reach its goal of hitting $7 billion in pretax profits by 2006.

--snip--

http://www.wsws.org/articles/2005/jul2005/jobs-j29.shtml
The Wall Street Journal reported July 22 that Ford Motor Co. was considering cutting as many as 30 percent of its white-collar workforce—some 10,500 of its 35,000 salaried workers—in North America over the next few years.

Company spokesman Oscar Suris would not confirm the report, but he noted that earlier in the week Ford Chief Financial Officer Don Leclair had said “nothing is off the table” when asked about possible cuts. Ford has already announced plans to reduce its salaried labor force by 2,700 by the end of 2005.

[terrya]

3. And a big 10 mpg

IF that.

That's fucking obscene.