OMG- Ford reports a loss of $5.8 Billion ($5,800,000,000)!!!
20x more of a loss than last year!
Nytime's Article
Seriously, not good. Get the hell out of Michigan before it rots.
"Ford is one month into an accelerated version of its turnaround plan, called the Way Forward, which calls for cutting 44,000 jobs and closing numerous factories in North America. In unveiling that plan, Ford conceded that its sales would probably be surpassed soon by surging Japanese rival Toyota and that it does not anticipate a profit in North America until at least 2009."
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- Jesse
- Basically absent-minded professor meets disillusioned traveler. I walk around each day with my head well into the white clouds of pointlessness, where mists of innocent answers lead to a downpour of angry grey questionable quests. This along with a demand that the people of this world stop taking themselves seriously, you'll rarely see me without a grin from ear to ear.
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