Originally Posted by
syko
Well Q1 profits are in and Ford made a $282 million loss which is substantially less than in recent times which suggests the turn around is starting to work.
So the accountants succeeded
By selling A-M in the last quarter, Ford are able to put a HUGE sum on the positive side of tehir balance sheet.
BUT ... read further ... profits came from Europe and PAG ( Aston Martin in thir ).
So they have sold one of their geese that lays golden eggs. Lets see next quarter when A-M company sale and car profits aren't included.
Also, by losing A-M, Ford in Europe are losing "image" and I suspect will see a reduction in sales of their upper range cars.
"A woman without curves is like a road without bends, you might get to your destination quicker but the ride is boring as hell'