Notices
Ford Discussions Non-Mustang Ford Products

FORD REPORTS A NET PROFIT OF $750 MILLION-2nd Quarter '07

Old 7/26/07, 05:52 AM
  #1  
More Avatar Changes Than Paris Hilton Vid's
TMS Staff
Thread Starter
 
Evil_Capri's Avatar
 
Join Date: February 3, 2004
Posts: 14,065
Received 71 Likes on 64 Posts
FORD REPORTS A NET PROFIT OF $750 MILLION-2nd Quarter '07

Evil_Capri is offline  
Old 7/26/07, 07:56 AM
  #2  
Needs to be more Astony
 
Knight's Avatar
 
Join Date: October 4, 2004
Location: Volo, IL
Posts: 8,578
Likes: 0
Received 5 Likes on 5 Posts
very nice.
Knight is offline  
Old 7/26/07, 10:59 AM
  #3  
 
future9er24's Avatar
 
Join Date: May 13, 2004
Location: Berkeley/Redwood City, CA
Posts: 17,913
Likes: 0
Received 2 Likes on 1 Post
mmmmm anti-debt
future9er24 is offline  
Old 7/26/07, 11:04 AM
  #4  
Needs to be more Astony
 
Knight's Avatar
 
Join Date: October 4, 2004
Location: Volo, IL
Posts: 8,578
Likes: 0
Received 5 Likes on 5 Posts
750 million that can go into mustang development.
Knight is offline  
Old 7/26/07, 11:06 AM
  #5  
 
future9er24's Avatar
 
Join Date: May 13, 2004
Location: Berkeley/Redwood City, CA
Posts: 17,913
Likes: 0
Received 2 Likes on 1 Post
future9er24 is offline  
Old 7/26/07, 11:21 AM
  #6  
TMS Post # 1,000,000
Serbian Steamer
 
Zastava_101's Avatar
 
Join Date: January 30, 2004
Location: Wisconsin / Serbia
Posts: 12,540
Likes: 0
Received 0 Likes on 0 Posts
Finally.
Zastava_101 is offline  
Old 7/26/07, 03:06 PM
  #7  
Team Mustang Source
 
05fordgt's Avatar
 
Join Date: June 19, 2004
Location: Phoenixville, PA
Posts: 6,840
Likes: 0
Received 1 Like on 1 Post
Mulally is just what the company needed!! WAY TO GO EVERYONE!!!!
05fordgt is offline  
Old 7/26/07, 04:46 PM
  #8  
Cobra Member
 
pville piper's Avatar
 
Join Date: November 10, 2005
Posts: 1,003
Likes: 0
Received 0 Likes on 0 Posts
Not so fast here... The major problem has been Ford of North America has been losing money. I can't tell from that story if they actually made money. That would be good news.
pville piper is offline  
Old 7/26/07, 05:12 PM
  #9  
Team Mustang Source
 
theedge67's Avatar
 
Join Date: July 4, 2006
Location: St. Louis Area
Posts: 2,872
Likes: 0
Received 0 Likes on 0 Posts
Ford North America still lost money, but not nearly as much as last year.

Ford North America: In the second quarter,Ford North America reported a pre-tax loss of $279 million, compared with a pre-tax loss of $789 million a year ago. The improvement primarily reflected favorable net pricing and cost reductions, partially offset by lower volume net of mix. Revenue was $18.8 billion, down from $19.1 billion for the same period a year ago
theedge67 is offline  
Old 7/26/07, 05:38 PM
  #10  
 
TomServo92's Avatar
 
Join Date: June 18, 2004
Location: The Woodlands, TX
Posts: 3,691
Likes: 0
Received 1 Like on 1 Post
What's more important than the profit IMO, is that U.S. market share actually increased:

It also reported that its U.S. market share rose to 15.6 percent for the quarter from 15.1 percent in the first quarter. The share had been dropping. It was 16.7 percent in the second quarter of 2006.

Source: http://www.msnbc.msn.com/id/19970567/
TomServo92 is offline  
Old 7/26/07, 05:43 PM
  #11  
Team Mustang Source
 
Join Date: January 29, 2004
Posts: 2,357
Received 1 Like on 1 Post
double post.
jsaylor is offline  
Old 7/26/07, 05:44 PM
  #12  
Team Mustang Source
 
Join Date: January 29, 2004
Posts: 2,357
Received 1 Like on 1 Post
Originally Posted by 05fordgt View Post
Mulally is just what the company needed!! WAY TO GO EVERYONE!!!!
Whatever you or I may think of Mulally he has not been at the company long enough to have much to do with this. We have seen a decent portion of his visions for the brand, but fiscally he remains an unkown.
jsaylor is offline  
Old 7/26/07, 07:22 PM
  #13  
Team Mustang Source
 
theedge67's Avatar
 
Join Date: July 4, 2006
Location: St. Louis Area
Posts: 2,872
Likes: 0
Received 0 Likes on 0 Posts
Exactly. We are reaping the benefits today of seeds that were sown many months...even years ago.
theedge67 is offline  
Old 7/27/07, 09:44 AM
  #14  
Cobra Member
 
Vermillion06's Avatar
 
Join Date: May 16, 2006
Location: NV
Posts: 1,321
Likes: 0
Received 0 Likes on 0 Posts
Great news! Hopefully this is the start of the recovery. Keep up the good work Ford...
Vermillion06 is offline  
Old 7/28/07, 03:57 PM
  #15  
Shelby GT500 Member
 
97svtgoin05gt's Avatar
 
Join Date: July 21, 2004
Location: New Jersey
Posts: 2,919
Likes: 0
Received 1 Like on 1 Post
I believe this mild recovery is about product. We see many new good products on the lots and I believe there are still more to come. Obviously management needs to continue to focus on blocking and tackling, but without new, best of breed product in showrooms, this won't be sustained.

I remember reading somewhere that Expedition and Escape sales are way up. Mustang and F-150 are flat right now. I believe the introduction of the updated Mustang (2010 we all believe) and the new F-150 will keep this thing rolling. Bring in the Interceptor we can buy and a REAL small car (no offense to Focus fans) and things should really start to click.
97svtgoin05gt is offline  
Old 7/28/07, 06:56 PM
  #16  
Post *****
 
Glenn's Avatar
 
Join Date: August 7, 2006
Location: Las Vegas NV
Posts: 14,495
Received 162 Likes on 147 Posts
they didn't have to buy out any workers this year like they did last year. I would hope there would be some profit this year
Glenn is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
jc46002003
Warranty and Service Issue
70
4/15/16 03:00 PM
SplitSecond
'10-14 Roush Mustangs
1
10/17/15 07:41 PM
sai
Vehicles For Sale
0
7/30/15 10:30 AM


Thread Tools
Search this Thread
Quick Reply: FORD REPORTS A NET PROFIT OF $750 MILLION-2nd Quarter '07


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.