Ford turned a profit

Looks like people were pleasantly surprised to see that Ford Motor Company turned a profit in the last quarter of a billion dollars.

090506_Ford

Surprised?  Really?

Closing plants, removing over-paid unionized workers and rolling back their salaries on it’s own should have made the difference.  Selling a few extra cars in tough economic times certainly helped. 

I believe that I wrote a post last year stating that all the big 3 car companies would be forced under unless they were able to free the grip the auto workers union have on them. 

Maybe I do know something after all.

Advertisements