THURSDAY, APRIL 24, 2008
Finally, Some Good News About Auto Sales
It is hardly news anymore when automakers report financial losses. But it IS news
that Ford announced today it turned a $100 million dollar profit in the first quarter of this year.
The profit comes with some pain. The
Detroit Free Press reminds us
that Ford has shed more than 45,000 employees since 2005, including 4,200 workers who took early retirement or buyouts.
The Free Press says more buyouts are likely on a plant-by-plant basis.
Posted at 12:53:06 PM
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