1 Watch your back, Ford.

2 Haven't you been paying attention?  Profit is evil.

3 Fuck the UAW.  Labor unions have served no purpose since 1918.

4 Ford doesn't employ the UAW? News to me...

5 In related news, GM to pay an extra $1000 when somebody trades-in a Toyota.  Oh, did I say GM, I meant you, your children and grandchildren pay the $1K.

6 If Ford dumped the UAW, I'd buy one.  Not until.

I'm looking forward to a nicely discounted Toyota after the recall.

7 Ford is doomed now.

8 In related news, GM to pay an extra $1000 when somebody trades-in a Toyota. Oh, did I say GM, I meant you, your children and grandchildren pay the $1K. Don't worry, that won't amount to much.

9 We need a special tax on Ford's excessive profiteering.

10

That sounds dangerously close to being windfall profits to me. I'll have to invent a new tax. Hmm. Maybe the Bank And Pickup Profiteering Tax. Hmm. I like it. The BAPPT.

Janice! Get me Matthews' and Olbermann's numbers from the Rolodex. Pronto! That's Austrian for "right away".

11

The profit surprised Wall Street, where analysts surveyed by Thomson Reuters expected an annual loss of 31 cents.

A company that doesn't has its hands (as) tied by government produced an unexpected profit?  This seems oddly symmetrical with the unexpected declines.

12 Ford sells trucks and is, therefore, racist.

13 I'll have to invent a new tax. Hmm. Maybe the Bank And Pickup Profiteering Tax. Great idea, Mr Precedent!

14

Do you want to be the BAPPT Czar, whitey Schumer?

15
I guess Ford really does have a better idea.

16 Don't worry, that won't amount to much.

I dunno, based on what I've read so far, it didn't seem to be limited to the accelerator affected Toyotas.  There's a LOT of old shit still running around out there with 200K+ on it that isn't worth much more than scrap value anymore.

I'd go buy a dead one parked out in some farmer's field for $50 and "trade it in".

This scheme could easily piss away  a few hundred million bucks of our money.

17

(checks fax from White house)

Keith, I've just learned the following:

GM = "Happy, fluffy bunnies"

Ford = "evil corporation that eats babies and kills kittens."

Back to you.

18 Since 2006, Ford Motor Co. has slashed 45% of its North American workforce — a move that has contributed to more than $4.6 billion in cost reductions at the once-ailing Dearborn auto company.  - Detroit Free Press Nov. 2 2009

Ford is "doing well" in some contexts, but god is it a bloodbath up here in Detroit.

19

What I heard was "Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years, boy."

20

I drive a Ford Truck! It has served me well. I have 100,000 miles on it and not one problem with it at all, with exception of normal maintaining.

Go Ford!

I'll never buy a Chevy now that GM is Commie owned, although I used really like all the Chevy's.

21

SHHHH ! Ixnay on the ofit pray. The UAW is gonna want  another raise.

22

When I saw a picture of a billboard that advertised Ford and ridiculed "Government Motors" I had a euphoric response.  Pure awesomeness.

Then I got a sick feeling in my stomach.  I wouldn't put it past the "fellow travelers" in the BO adminstration to go after Ford viciously.

In any case, as far as I'm concerned GM & Chysler can go out of business and Ford Motor Company is a national treasure.

 

 

23 Okay, accounting quiz for Zero. These profits will: A. Go into the pockets of the fatcat managers. B. Be dumped into Lake Huron. C. Be dividended completely to shareholders. D. Be didivdended partially to shareholders. E. Be retained in the company and used for future investment. F. D and E.

24 Yo, Ford, cough it up.  ALL OF IT.

25

IIRC, Ford retired a big bunch of Union people with large buyouts to reduce their workforce. I cannot remember GM doing that.

26 It's because of the fat cats at Ford that I can't feed my child.

27 Maybe it's time for Scott Brown to trade in that Gummint Motors truck for a Ford?

28 I love my Ford and will purchase another one in a couple of years.

I wish I had an F-150.

29 Does Scott Brown drive a Ford?

30
Oh now they've done it, Found On the Road Dead won't be just a joke anymore when I'm through with them

31 Some years ago, the Ford trucks all came with incredibly poor paint and were pre-rusted from the factory.  I haven't looked at them since that bad experience.

32 I'd go buy a dead one parked out in some farmer's field for $50 and "trade it in". But then you are stuck with a GM vehicle. Depending on sales taxes & registration fees, you could lose money.

33 Of course, one of the reasons that Ford is doing "well," is that a bunch of life-long GM or Mopar people have switched to Ford, based purely on principle, and not on the quality of the product (count me among them.)

Even if I think my Silverado is way better than your F10, my next truck is much more likely to be a Ford than a Chevy.

34 Wasn't someone playing some repenitent Buckley here? Try this fenngibbon If Obama ever has a "blue dress" moment, swab Buckley's mouth for the comparison sample.

35

A. Go into the pockets of the fatcat managers.

B. Be dumped into Lake Huron.

C. Be dividended completely to shareholders.

D. Be didivdended partially to shareholders.

E. Be retained in the company and used for future investment.

F. D and E.

G. Taxed to finance Barry's awesome plan.

36 And this is the thing that drives me crazy with Marxists like Zero and other corporate demagogues: Public companies are CLOSED systems. Profits do not go into Swiss bank accounts. They don't get fed into managers' 401Ks (at least not at most companies, save Goldman $achs). They don't go into throwing wild-ass Christmas parties. They are retained in the business and used to finance...wait for it...growth. The only way to get profits out is to dividend them to shareholders. But that simply isn't the way corporate finance is done. Dividends are relatively unimportant to shareholders of most firms. Why? Because the money is staying in the business where it belongs!

37 32 Some years ago, the Ford trucks all came with incredibly poor paint and were pre-rusted from the factory.  I haven't looked at them since that bad experience.

Posted by: Purple Avenger at January 28, 2010 12:37 PM (gUO27)

They've definitely learned since back then.  In the past ten years I've owned a Ford Ranger, F-150 and F-250 pick ups and they have all been excellent vehicles.

38 F10?  Try F150

39

Keeping with the auto topic (and maybe it's a little tin-foily...) but how much credence are people giving to this massive Toyota recall. I wouldn't put it past these Marxists to drum up a 'manufactured crisis' to bury a sucessful foreign car manufacturer in order to scare potential car buyers into looking at cars from Gubmint Motors.

These fuckers are dangerous and based on last night's 75 minute Marxist rant, I wouldn't put anything past them to advance their cause and pay off their minions.

40 Ford doesn't employ the UAW? News to me...


There's a difference between employing UAW versus the UAW leadership sucking the company, the stockholders and the American People dry before fleeing to a non-extradition country having a substantial ownership stake in the company.

41 I bought at $2.65 share... wishing I hadn't sold 3/4 of it at $7.50.... but then again bears and bulls make money, pigs get slaughtered...

42 I drive a Ford Truck! It has served me well. I have 100,000 miles on it and not one problem with it at all, with exception of normal maintaining.

Mine is 14 years old and has 160,000 miles on it.  I've had to replace a heater core, and our wonderful road salt is starting to get to it.  One of these years I will trade it for a newer one.
As for Ford turning a profit, look for the UAW to get even more petulant in their behavior.  Those clowns could fuck up a wet dream, and enjoy doing it.

43 Some years ago, the Ford trucks all came with incredibly poor paint and were pre-rusted from the factory.

One of my uncles had the same experience with a Chevy back during that same time period.  Lets face it, not that long ago everything coming from Detroit sucked to varying degrees.

44 Even if I think my Silverado is way better than your F10, my next truck is much more likely to be a Ford than a Chevy.

Posted by: notropis at January 28, 2010 12:38 PM (dJb0H)

Haven't seen a single expert that would pick the Chevy/GMC over the Ford F-150, unless you're towing at the max all the time... And next year that difference is gone...  Hell, the Dodge Ram puts the Chevy in 3rd place...

45

I liked a lot of things about my Escape.  Of course, having the engine seize after replacing the transmission and 5 out of 6 coil assemblies sorta tempers that a bit.

46 Keeping with the auto topic (and maybe it's a little tin-foily...) but how much credence are people giving to this massive Toyota recall. The problem is sticking accelerators. I don't know how Toyota does theirs, but my '05 Saturn doesn't have a cable. It has a circuit that measures how much the pedal is depressed and passes that signal to the fuel system. It sounds like over engineering that could take a while to perfect. Toyota has a good reputation for customer satisfaction and could well be getting ahead of a problem.

47

I wish I could make a statement by boycotting Chrysler or GM, but the truth is, I would never buy either of those brands to begin with.  Ford always has been the only American brand I buy. 

Now, if Chrysler or Government Motors would give me the car that I'm paying for on my annual April 15th installment plan, I'd take it, but that's the only way one will wind up in my garage.

FU Obama & UAW.

48

Ford actually picked up market share from GM customers who were scared to buy GM for fear of their failure. Also, I wouldn't count on continued profitability as they have to negotiate salaries with the UAW who now own 65% of Ford's primary competitor: GM. What's the betting line on the UAW demanding a competative advantage for their own product?

Anyone?

 Beuller?

49

Hey! I've gotta truckload of Bella Abzugs and Helen Thomases. Youse gonna sign for 'em? And duz you wants 'em next to the babes you saw on Chuck tonight or are you startin' a new dream?

50 The Toyota "fix" sounds pretty trivial from what I've heard.  Something to do with carpet/mats jamming the pedal. 

51 Ford is "doing well" in some contexts, but god is it a bloodbath up here in Detroit.
And they still don't understand that the rest of the country sees their fate as self-inflicted and richly deserved.  Or they do understand it and just don't care.  Either way, their protector won't be in office much longer, and can't help them anymore in any case. 

52 I for one sincerely hope that the top Ford executives get at least a 20 million dollar bonus.............Each. The other UAW doomed manufactures, reap what you sew which should be pay cuts for the executives who showed up in Washington with hats in hand, begging for taxpayer dollars.

53 I would love to get rid of my 12-year-old Suburban for a new Ford Expedition XL. The 'burban has served me well and done everything I've ever needed it to, but it's getting to cost more than payments on a new one would be. Meh. The Taurus SHO is a niiice little sedan - or used to be, anyway. Zoooooommmm...

54

My MIL just bought a Toyota. I had her pretty much talked into a Ford but the local dealer where I got my last car has changed hands and the saleman that waited on her pissed her off.

As for the F-150 I have one of those and have had it for 13 years. No problems with the engine or the paint. I would buy another one in a heartbeat.

My wife has a Crown Vic (5 years old and bno problems) and if we need another car we will have to get something else since Ford quit making the Crown Vic for the public.

55 Fuck GM and Chrysler. I wouldn't take a goddamn free car from either of 'em, including a Z06 Corvette.

Add me to the list of satisfied Ford customers: 2004 Ford F-150 Triton 5.4, 93k trouble-free miles. Not to mention a 1931 Model A Deluxe Coupe and a 1932 Model B Standard Coupe (those were bought used).

56 Hmmmm.

Don't look at me.  I'm thinking of a Hyundai.

57 What ever you do, don't let them photograph me in front of those F150s.

58

Teh Bamster will not tolerate Ford's success especially since it will put the spotlight on the failures at GM and Chrysler.  Ford must be punished.  I bet the gubamint puts pressure on the Union workers at Ford to demand some kind of wage/benefits increase.  Either that or a special "tax" on their success so that they subsidize Gubamint Motors.

59

BTW, in doing research on the different cars that my MIL was looking at I found that what I thought were the most reliable cars has turned around.

Toyota and Honda have declined in the reliability ratings while Ford has improved.

What really surprised me was Subaru which is now considered one of the most reliable.

60 I worked for Ford for 10 years, not in the unionized area, which meant we made less but had about the same benefits.  I left in mid 2008 partly because I looked at that ridiculous pension plan that everyone envied and decided that it simply was not sustainable.  At the time, I would not have guessed what was coming, with the GM bailout and everything since.

I was curious about why Ford didn't punch back at the UAW.  Is it not some sort of anti-trust violation for the owners of Ford's competition (UAW) to be negotiating with Ford for collective bargaining agreements?  I suspect Ford is keeping its powder dry, and will unleash the fury as soon as the political climate is more amenable.  Say, in November of this year?

I started at Ford right around the time of the Firestone debacle, and it seemed like they just couldn't catch a break in all the years after that.  Alan Mulally had mortgaged the farm on the last (of many failed) turnarounds, he borrowed against every company asset just before the credit markets imploded.  At the time it seemed like a hail Mary, but it looks like it might have worked.  Good for them. 

61 Ford does take government money, however. They've received several billion from that stupid "green" tech loan program passed in 2008.

Advanced Technology Vehicles Manufacturing (ATVM) Loan Program
"The loan commitments include a $5.9 billion loan to Ford for upgrading factories in five states to produce 13 more fuel-efficient models, ..."

So they're still in the hole if we count this loan.

62 Guess GM and Chrysler will be the defacto cars of the US government in the years to come.

63

Hell, the Dodge Ram puts the Chevy in 3rd place...

Politics aside, you can't go wrong with any of those trucks. All three are just very good vehicles.

64 Screw Ford. Hit Ford with a windfall profits tax to level the playing field with the other suffering car fabricating companies. Make Ford pay for the bailout of GM, AIG, et al. Isn't it only fair that FORD pay its fair share to reduce the bailout for GM and AIG? It's not fair? What do you mean?

65 Yo mister DrewM, it's "pwned" not "wwned".  You gezzers try to be cool and see what happens.  Or you just a dumbass like the Prez and don't know how to spell?

66 The profit surprised Wall Street, where analysts surveyed by Thomson Reuters expected an annual loss of 31 cents.

Seems every day I read of "worse than analyst expections" or "better than analyst expectations"

Do analysts know anything or do they just ask the Magic 8 Ball?

67

My work truck is a company-rental 2008 Ford Super Duty four-door diesel. One, they rented it with street tires on it, and the big fucker has gotten stuck twice. Two, it hasn't made it to 30,000 miles yet and I've had to replace two blinker bulbs. Three, it's been throwing me "Tire Pressure Sensor Fault" and "Low Tire Pressue" warnings since I've had it. Plus the cup holders are too small and the back bumper is trying to fall off.

My personal truck is a '02 GMC Sonoma (same thing as a Chevy S-10), I'm over 150K on it, and the only thing it ever took was a fuel pump after I misgauged how low the needle would go and ran it dry two miles from the gas station. Killed the pump with tank sediment.  My next personal truck, I still want a Chevy.

My personal toy I covet, and cannot afford in the Kenyan's economy, is a white Mustang GT with custom-pattern red trim and a vanity license plate that says "N7242C". Google that one if you're not a Battlestar Galactica fan. No other car on the road looks more like a Mark II.

68 Toyota owners are a pretty loyal bunch, my bet is that they'll consider this a problem that all companies have and the accelerator issue is being overblown by the DemSM.

I don't see those potential buyers who would turn away from Toyota flocking to Government Motors or Chrysler. More likely they'll turn to Honda, Nissan, Subaru, Mitsubishi, VW, or Ford

69 Obama deserves credit for saving Ford.

70

My wife has a Crown Vic (5 years old and bno problems)

Posted by: Vic at January 28, 2010 01:09 PM (QrA9E)

Vic - Sorry for cursing at your wife, nothing personal, but I hated everyone who bought a Crown Vic.  Those huge and heavy front fenders have to be loaded onto travel carriers using old fashioned muscle power while the welding line was spitting fire down the back of my neck.  What a shitty job.

71

Vic - Sorry for cursing at your wife, nothing personal, but I hated everyone who bought a Crown Vic. 

You must be hatin' on a lot of people then because it was one of Ford's most popular lines. I don't know why they quit making it other than they knew epopel would flock to the Mercury version so they could make more profit.

72 WOOT WOOT......I bought stock in Ford when it tanked!

73 "I drive a Ford Truck! It has served me well. I have 100,000 miles on it and not one problem with it at all, with exception of normal maintaining."

I drive an Explorer with over 100k miles and I am the kind of asshole/retard who treats their truck like a two dollar whore.  My check engine light has been on for months and I get a scolding every time I roll in to Jiffy Lube.  I love my two dollar whore, though, and I'd never buy a foreign car.  Claims of American auto inferiority are greatly exaggerated.  To be fair, though, my purchase was largely subsidized by all the braindead idiots who buy new cars off the lot - I only buy used.  My Explorer is bigger, badder, and gets better gas mileage than many of the Lexus/Honda/Subaru pseudo-minivans that my snooty colleagues drive, at less than half the price.  That's because I drive a Sports Utility Vehicle, not a Status Symbol.

PS:  When I say my Explorer is "bigger", I mean its capacity not its displacement.  I'm not some H2 enthusiast with an inferiority complex.  Full disclosure:  I have slept comfortably in my "trunk", despite being larger than the average NBA player.

74

Don't forget, Gettlefinger and the UAW are in negotiations with Ford as they try to agree on the same contract given to GM.  Now that the government and the UAW have an interest in GM and would naturally like to see a competitor fail, how could this possibly have a good ending. 

What if, for instance, Ford decided they could go forward without a unionized workforce if a sustainable deal can't get worked out.  Would the government step in and protect its business partner?

Actually, I don't know why the UAW would sign off on anything.  They have the full force of the feds behind them.  The UAW could go on strike, the feds would prevent non-union workers from filling in, then the Feds and UAW divvy up Ford like they did GM. 

75

Got a 1977 F-150 Custom, granny stick on the floor. No rust, runs great, never has had anything but scheduled maintenance.

Got a 1996 Ford Crown Victoria. One time a sensor blew out. That was the only unscheduled maintenance, and it was a $100.00 repair.

Got a 2005 Ford Five Hundred. Again, nothing but scheduled maintenance.

That's over 500,000 miles of driving, on only three vehicles, all of them made in the USA.

My only non-Ford products were a 1984 Chevy Camaro -- great car, had 170,000 miles on it when I totalled it -- and a 1989 Mitsubishi Eclipse -- engine blew up unexpectedly at 70k, due to a defective cam shaft design.

My wife drives Toyota and Honda. Fairly good cars. But they've had a lot of expensive, non-scheduled maintenance. But, she also does not follow the reccommended maintence schedule.

Buy a Ford, follow the reccommended maintence schedule listed for you in the manual, and you're driving experience will be measured in decades, not years. That's my experience anyway. They are good products.

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79 Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.
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