The Reality of The Good Cars We Are Building Today. Read On.

Too often the conventional wisdom in the looming credit crisis and the request of The Big 3 for a federal loan has been that it’s all Detroit’s ... independent survey on initial quality? Did you bother to read the Consumer Report that rated Ford on par [more...]

Date: 2008-12-23 00:09:27

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Fed Predicts Economic Decline in 2009 Despite Obama

Minutes from the December 16th Federal Reserve meeting have been released and 2009 is not going to be a good year for you ... , and restrictive credit conditions were likely to continue to hinder household spending over the near term” ... rates to record low levels. U.S. auto-manufacturers suffer as Ford and GM report December sales down [more...]

Date: 2009-01-08 18:59:25

Ford expects to avoid loans, surprise critics

Ford President and Chief Executive Officer Alan Mulally believes that critics and analysts are too pessimistic with predictions that Ford will ... that we don’t know where the bottom is yet.” Credit rating falls Indeed, Moody’s Ratings Service on Monday reduced Ford’s credit rating to Caa3 from Caa1 and predicted that 2009 industry sales will [more...]

Date: 2008-12-26 10:10:37

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