FORD-150: Found On Road DeadNews items from Bloomberg today:
Ford Motor Co, the world's third-biggest automaker, posted a record quarterly loss of $8.7 billion and accelerated a conversion to fuel-efficient vehicles to wean itself from money-losing trucks . . .[t]he automaker said it will double production of hybrid vehicles, sell more European autos such as the Fiesta in the U.S. and convert three North American truck factories to make a redesigned Focus and other small cars . . . [t]hey believe this is a permanent shift in buyer sentiment that they have to adjust to no matter how hard it will be . . .
COMMENT:
Can't say I didn't see this coming . . . years and years and years ago!
Ford Motor Co, the world's third-biggest automaker, posted a record quarterly loss of $8.7 billion and accelerated a conversion to fuel-efficient vehicles to wean itself from money-losing trucks . . .[t]he automaker said it will double production of hybrid vehicles, sell more European autos such as the Fiesta in the U.S. and convert three North American truck factories to make a redesigned Focus and other small cars . . . [t]hey believe this is a permanent shift in buyer sentiment that they have to adjust to no matter how hard it will be . . .
COMMENT:
Can't say I didn't see this coming . . . years and years and years ago!
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