Quote:
Originally Posted by nickmccally
Ford still pulls in a profit though. It is possible.
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I think with Ford they just saw the writing on the wall sooner. I remember they got blasted several years back for getting a huge loan. I think they saw what was coming to be honest. While they were blasted for that decision at the time if they had not made that deal they would have went through bankruptcy also. They are still sitting pretty rough but it looks like they will pull through this time.
They also started going after concessions from the Unions before the others did and were already trying to restructure before the shit hit the fan.