Apparently Ford lost $12.6 billion in 2006...the company's worst loss ever. In a big surprise, the high costs of fuel caused people to buy fewer gas-guzzling trucks. And in order to get rid of costly employees, Ford has to payout large amounts of money since the employees they want to remove are union workers.
The second part makes sense (it may cost money now, but will result in savings), but whoever thought to get rid of the Taurus line of cars is an idiot...when gas prices go up it's time to produce more cars, not less.






Posted by: Anonymous on Feb 15th, 2007 | 1:33pm