03-08-2011, 09:18 AM
|
#10 (permalink)
|
|
A True Z Fanatic
Join Date: Mar 2010
Location: Izmir, Turkey
Posts: 15,371
Drives: 2012 Traverse LTZ
Rep Power: 53
|
Quote:
Originally Posted by m4a1mustang
They didn't get lucky at all with the downturn. They just refinanced all their debt in 2006 before the market turned south. That's what saved them. If they had waited any longer they would have been in the same boat as GM and Chrysler, requiring a bailout. Their restructuring started well before the economic downturn.
IMO, it all really started with the Fusion. When that car started winning quality and reliability awards the market started to take notice... Ford was up to something unusual.
|
Exactly my point. Ford got luckily with their timing. And since they had extra cash when everyone else's investments were going down the drain. Ford was able to reinvest in themselves at a lower cost. Luck and timing.
__________________
2010 Black Cherry Touring/Sport/Nav Now - 2012 Travese LTZ until I leave for Turkey
|
|
|
Similar Threads
Threaded Mode
