03-06-2010, 01:25 PM
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#6
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Drives: Horse & Buggy
Join Date: Jan 2008
Location: MI
Posts: 153
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Quote:
Originally Posted by Ravirn
With the layoffs Ford just went through, that is good news for a lot of people!
However, you left out:
" While Ford (F, Fortune 500) reported a 43% increase in U.S. sales in February, much of the gain was due to a 74% jump in fleet sales to businesses. Rental car companies alone accounted for just over 30,000 vehicle sales. Without the rental companies, Ford sales would have been up only 13% in the month.
But including sales at the Volvo unit Ford is in the process of selling, its sales total topped GM's for the first time since August 1998, when a strike briefly shut many GM plants."
Right now I'd imagine Ford is thanking God for rental companies! And Volvo, of course.
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I'm pretty sure rental companies' money is just as green as everyone elses.
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