[Vision2020] Bailout Funds and the Auto Industry

[lfalen]

Thats right. Three cheers for Ford.
Roger
-----Original message-----
From: "Art Deco" deco at moscow.com
Date: Thu, 28 Jan 2010 15:52:25 -0800
To: "Vision 2020" vision2020 at moscow.com
Subject: [Vision2020] Bailout Funds and the Auto Industry

> Wasn't Ford the only major U.S. automobile manufacturer not to take bailout funds?  And GM, who took them, now foreign owned and profitless?
> 
> W.
> 
> 
> Breaking News Alert
> The New York Times
> Thu, January 28, 2010 -- 7:13 AM ET
> -----
> 
> Ford Says It Made $2.7 Billion in 2009, Its First Annual Profit in Four Years
> 
> The Ford Motor Company said Thursday that it made $2.7
> billion in 2009, and that it would be profitable in 2010 and
> beyond. Ford says it benefited from cost-cutting, debt
> reduction and popular cars and trucks like the Ford Fusion
> sedan and Escape SUV. Ford's net income of 86 cents per share
> rose from the year before, when it lost a record $14.6
> billion.
> 
> Read More:
> http://www.nytimes.com?emc=na
>