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Ford posts massive loss, to restate results
AFP ^ | 10/23/2006

Posted on 10/23/2006 8:02:13 AM PDT by Republicain

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To: Tolsti

You will love the Fusion. My son has one (24) and loves it. We will have to turn it in when my husband retires, but we are thinking about buying it. Or else he will have to drive the junker Volvo.


21 posted on 10/23/2006 9:36:01 AM PDT by KYGrandma (Kentucky girl who wants to go home)
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To: Extremely Extreme Extremist

See post #19


22 posted on 10/23/2006 9:36:58 AM PDT by KYGrandma (Kentucky girl who wants to go home)
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To: NickatNite2003

Between Ford, and now Chevy rubbing John Cougar Mellancamp's political messages in our face, it's almost as if they want to kill off the remnants of the U.S. auto industry. It's sad.


23 posted on 10/23/2006 9:38:47 AM PDT by jpl (Victorious warriors win first, then go to war; defeated warriors go to war first, then seek to win.)
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To: KYGrandma
Ma'am, I'm not spewing any hatred. As a consumer, I made a choice. I chose not to purchase a crappy vehicle from a dying corporation that supports the liberal agenda.

I didn't put your husband out of work, the company did.

24 posted on 10/23/2006 9:42:12 AM PDT by Extremely Extreme Extremist (Why can't Republicans stand up to Democrats like they do to terrorists?)
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To: KYGrandma

I kinda want the new 3.6 liter Fusion/Milan to come out for 2008, however.. I'll probably go with a Milan at this point. They aren't cheap for the good models though, but they are solid cars as far as I can tell.

The only next step up is the Acura TL for $10k more.


25 posted on 10/23/2006 9:45:28 AM PDT by Tolsti
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To: Extremely Extreme Extremist

How many Fords did you own before you came up with that conclusion? Todays quality numbers are only one tenth of one percent different from the worst to the best. As a typical engineer, I'd like to see your data.


26 posted on 10/23/2006 9:46:09 AM PDT by KYGrandma (Kentucky girl who wants to go home)
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To: KYGrandma

Also, I test drove the 4 and 6 cylinder Fusions. The 4 should be discontinued. There's not enough power to even speed up to 60 in a safe fashion. The 6 has good power though.


27 posted on 10/23/2006 9:46:42 AM PDT by Tolsti
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To: KYGrandma
How many Fords did you own before you came up with that conclusion?

I owned a 1985 Ford Tempo that costed me over $3,000 in repairs.

No more Fixed Or Repaired Dailys for me.

28 posted on 10/23/2006 9:47:52 AM PDT by Extremely Extreme Extremist (Why can't Republicans stand up to Democrats like they do to terrorists?)
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To: Tolsti

My nephew just got a new Milan. With the zero percent financing and the 72 month payment plan it was hard for a young person to pass up. He really likes it. If you need a Friends/Family discount, email me privately. We have a few left.


29 posted on 10/23/2006 9:48:32 AM PDT by KYGrandma (Kentucky girl who wants to go home)
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To: Extremely Extreme Extremist

Thought so. In fact, I owned a 1984 Topaz, that I loved. Sold it to a friend, who then gave it to his son. Who then eventually totaled it. As young men are apt to do.


30 posted on 10/23/2006 9:51:14 AM PDT by KYGrandma (Kentucky girl who wants to go home)
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To: KYGrandma

Well, I just got my 88 Acura back running, so I'm hoping not to be in the market until spring :)

However, the Fusion really impressed me. My only complaint is that the new 2007's are hard to find with ABS brakes easily. I hope that'll change soon. I also think that the 'comfort package' stuff should be much cheaper or standard. Auto-lights should be standard by now.

Anyway, when I get one, it'll depend on how long I can make this Acura last. I really want to wait for next year's better engine for the 08's. But, if I need to, I'll get a decked out 07 Milan probably.

Thanks for the offer, btw.


31 posted on 10/23/2006 9:53:06 AM PDT by Tolsti
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To: eraser2005
Are they making them now? Did they make any money on the ones they made? Both answers are negatory...
32 posted on 10/23/2006 9:54:35 AM PDT by Eric in the Ozarks (BTUs are my Beat.)
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To: Extremely Extreme Extremist

I OWN a 1998 Toyota Camry that has cost $2k in the past two years alone, and still isn't right.

I guess Toyotas are crap, too.

/sarc


33 posted on 10/23/2006 10:17:05 AM PDT by eraser2005
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To: KYGrandma

I will never buy the product of any company
that fires employees who, on their own time,
own computer, own religoius views web page,
say that they *disagree* with the homosexual
lifestyle, and are then harassed by the
homosexual sexual deviates that run their
companys HR Dept.

Doesn't mean i wom't buy american..just
means i won't support *any* company that
tries to force their sexual defect, societally
destructive, "new normal" own everyones throats.

Like the friggin KGB, saying the "state"
detemines what is moral, and what religion must be.

"We the People.." remember? NOT "We the
slave serfs of the benign (for now) State.."


34 posted on 10/23/2006 10:19:36 AM PDT by NickatNite2003
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To: Eric in the Ozarks

and what killed the TBird - was predatory pricing by the dealer network. all the initial interest in the cars, was bled away by dealers asking $5-10K over sticker for them. that finished it off, once you kill off that initial interest in a "niche" car with that, its dead.


35 posted on 10/23/2006 10:21:04 AM PDT by oceanview
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To: oceanview

Bill Ford was quoted saying the car was 1,000 pounds overweight. Sales of T-bird actually took away from sales of other Ford products.


36 posted on 10/23/2006 10:27:28 AM PDT by Eric in the Ozarks (BTUs are my Beat.)
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To: Republicain

"Ford also spooked investors by revealing it would restate results from 2001 through to this year's third quarter, "to correct the accounting for certain derivative transactions" by its consumer credit division."

If the restatement makes things look better than before, it will be astonishing. Five years of chicanery or honest mistake? I'd be 'spooked' too.


37 posted on 10/23/2006 10:29:46 AM PDT by gcruse (http://gcruse.typepad.com)
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To: Republicain

I've always owned Fords. I have had 3 Escorts, 1 Tempo, 1 Ranger and a Windstar.

My present 1995 Escort has been very good to me. However, it has 135,000 miles on it and I need something reliable for the winter. So, the wife and I went car shopping this weekend.

The Focus and Fusion just don't compare well with similar Toyota and Honda products. The Focus is a piece of junk and the Fusion, which was supposed to be the Taurus replacement, is only slightly better than the old Escort that I own (but for a whole lot more money). I really would have preferred to buy another Ford, but my hard earned money is going towards the better product.


38 posted on 10/23/2006 10:30:55 AM PDT by kidd
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To: KYGrandma

I owned an 84 Tempo, and 86 Escort and a 90 Ford Ranger.

84 Tempo was a piece of junk. Rode good, engine was 20 years out of date and never ran right.

86 Escort - Leaked water into the passenger compartment when new, water pump repleaced at 25,000 miles, replaced again at 60,000 miles, radiator leaked, had oil in the air intake when I got rid of it.

90 Ford Ranger - Best of the lot. Never got advertized gas mileage, had to replace the air conditioner condensor because it had an unrepairable leak.

In 1993 I bought a Honda Civic. Still driving it 13 years and 197,000 miles later. STILL get better than factory advertized mileage (39 mpg around town).

Bought a 1995 Honda Odyssey, then traded up to a 2003 Odyssey.

Will not buy another Ford car. Might buy a pickup if they didn't cost 25,000.


39 posted on 10/23/2006 10:47:20 AM PDT by Bryan24 (When in doubt, move to the right....)
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To: Republicain; KYGrandma

Our law office had a call from a Ford employee who was going to be losing her job. Her husband works at the same plant and is also losing his job. The plant is one that Ford is closing. They have both worked there for 6 years and earn over $30.00/hour each. Ford is giving each of them $100,000 as a going-away present. I'm sorry, but I have a hard time feeling sympathy for either the company or the employees.


40 posted on 10/23/2006 10:59:54 AM PDT by Polyxene (For where God built a church, there the Devil would also build a chapel - Martin Luther)
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