# FORD has another quarter loss **URL:** \ **Category:** Shift518 Automotive\ **Created:** [November 7, 2008, 6:58am UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024 "2008-11-07T06:58:09Z")\ **Posts on this page:** 14\ **Page:** 1
**Author:** ![Shawn96VR-4](https://avatars.discourse-cdn.com/v4/letter/s/eada6e/32.png) [@Shawn96VR-4](https://forums.speedlife.net/u/Shawn96VR-4)\ **Post date:** [November 7, 2008, 6:58am UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/1 "2008-11-07T06:58:09Z")
[http://money.cnn.com/2008/11/07/news/companies/automakers\_3q\_results/index.htm](http://money.cnn.com/2008/11/07/news/companies/automakers_3q_results/index.htm) ---
**Author:** ![plaf713](https://avatars.discourse-cdn.com/v4/letter/p/439d5e/32.png) [@plaf713](https://forums.speedlife.net/u/plaf713)\ **Post date:** [November 7, 2008, 7:51am UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/2 "2008-11-07T07:51:04Z")
good :ninja ---
**Author:** ![RocketPunch](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rocketpunch/32/6429_2.png) [@RocketPunch](https://forums.speedlife.net/u/RocketPunch)\ **Post date:** [November 7, 2008, 8:25am UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/3 "2008-11-07T08:25:41Z")
Just read that. Another 2600 jobs lost, and expect the same grim news from GM later. Nobody makes money, nobody will spend money. Expect massive layoffs after Christmas in all sectors and especially in retail. :headbang ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [November 7, 2008, 8:38am UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/4 "2008-11-07T08:38:42Z")
> [@RocketPunch](#): > > Just read that. > > Another 2600 jobs lost, and expect the same grim news from GM later. Nobody makes money, nobody will spend money. Expect massive layoffs after Christmas in all sectors and especially in retail. :headbang Trickle down doesnt work without the trickle, its all bad. ---
**Author:** ![plaf713](https://avatars.discourse-cdn.com/v4/letter/p/439d5e/32.png) [@plaf713](https://forums.speedlife.net/u/plaf713)\ **Post date:** [November 7, 2008, 8:39am UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/5 "2008-11-07T08:39:07Z")
> [@RocketPunch](#): > > Just read that. > > Another 2600 jobs lost, and expect the same grim news from GM later. Nobody makes money, nobody will spend money. Expect massive layoffs after Christmas in all sectors and especially in retail. :headbang i think its worse in the car industry than in most retail, car companies have been banging out thousands of cars every year and it was excessive then and still is now, its just the fact that people came to a realization that maybe they dont need tot rade in there 2006 for a 2008, just an opinion. ---
**Author:** ![RocketPunch](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rocketpunch/32/6429_2.png) [@RocketPunch](https://forums.speedlife.net/u/RocketPunch)\ **Post date:** [November 7, 2008, 8:48am UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/6 "2008-11-07T08:48:55Z")
GM just release Q3 results ~\> [http://shift518.gom-host.com/index.php?topic=5597.0](http://shift518.gom-host.com/index.php?topic=5597.0) ---
**Author:** ![PJB](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pjb/32/6389_2.png) [@PJB](https://forums.speedlife.net/u/PJB)\ **Post date:** [November 7, 2008, 8:53am UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/7 "2008-11-07T08:53:22Z")
Just wait until GM buys Chrysler and see what a loss they make each quarter. The only companies that seem to be making money are the foreign ones. Ill bet Honda and Toyota made money last quarter although Toyota has to be taking a huge hit buying back all the Tacomas with rotted frames. ---
**Author:** ![JClark](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jclark/32/6309_2.png) [@JClark](https://forums.speedlife.net/u/JClark)\ **Post date:** [November 7, 2008, 8:55am UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/8 "2008-11-07T08:55:43Z")
None of them are doing well, Toyota especially. The rotted frame thing is a drop in the bucket. ---
**Author:** ![Hooked\_on\_240](https://avatars.discourse-cdn.com/v4/letter/h/b9e5f3/32.png) [@Hooked\_on\_240](https://forums.speedlife.net/u/Hooked_on_240)\ **Post date:** [November 7, 2008, 12:55pm UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/9 "2008-11-07T12:55:06Z")
> [@plaf713](#): > > good :ninja Down with ford :excited ---
**Author:** ![big\_red](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/big_red/32/6328_2.png) [@big\_red](https://forums.speedlife.net/u/big_red)\ **Post date:** [November 7, 2008, 2:19pm UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/10 "2008-11-07T14:19:58Z")
> [@plaf713](#): > > good :ninja your company aint doin much better :nod “Ford (F, Fortune 500) is not the only automaker seeing trouble. Rival General Motors (GM, Fortune 500) is forecast to report a jump in losses in the quarter later in the day Friday” ---
**Author:** ![LKSi](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/lksi/32/6316_2.png) [@LKSi](https://forums.speedlife.net/u/LKSi)\ **Post date:** [November 7, 2008, 2:21pm UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/11 "2008-11-07T14:21:12Z")
based on the quality of my focus, this does not surprise me ---
**Author:** ![big\_red](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/big_red/32/6328_2.png) [@big\_red](https://forums.speedlife.net/u/big_red)\ **Post date:** [November 7, 2008, 2:25pm UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/12 "2008-11-07T14:25:01Z")
> [@LKSwhy?](#): > > based on the quality of my focus, this does not surprise me lol, the quality on my cobra is decent. It goes fast, so who cares. ---
**Author:** ![LKSi](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/lksi/32/6316_2.png) [@LKSi](https://forums.speedlife.net/u/LKSi)\ **Post date:** [November 7, 2008, 2:25pm UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/13 "2008-11-07T14:25:43Z")
> [@BIG RED](#): > > lol, the quality on my cobra is decent. It goes fast, so who cares. it also cost A LOT more, and has a super cool snake on it… so there’s the difference ---
**Author:** ![Hooked\_on\_240](https://avatars.discourse-cdn.com/v4/letter/h/b9e5f3/32.png) [@Hooked\_on\_240](https://forums.speedlife.net/u/Hooked_on_240)\ **Post date:** [November 7, 2008, 3:35pm UTC](https://forums.speedlife.net/t/ford-has-another-quarter-loss/240024/14 "2008-11-07T15:35:30Z")
Ford auto unit burns through $6.3 billion and cuts 2,600 hourly workers. [http://money.cnn.com/2008/11/07/news/companies/automakers\_3q\_results/index.htm](http://money.cnn.com/2008/11/07/news/companies/automakers_3q_results/index.htm) ```auto But the most shocking news came in its statements about its cash position. GM said it had burned through $6.9 billion during the quarter and warned that it "will approach the minimum amount necessary to operate its business" during the current quarter http://money.cnn.com/2008/11/07/news/companies/gm/index.htm?postversion=2008110711 ```