Quote:
Originally Posted by BitAudioVideo
rest assured someone at FMC got rich while ford lost all that money and 30,000 people face unemployment.
Ford said it sold 253,976 cars and light trucks in August
181,111 in november. how do you sell that many of "anything" and loose money?
assume they did 200,000 a month or 2,400,000 a year, not to mention used cars, repairs, ford credit, etc..
1,270,000,000 / 2,400,000 = $529 lost per car sold.
did i fuck up my math or is someone at ford an idiot for not being able to force me into buying "undercoating" and recouping some of this loss.
the real loss is on paper.
last january 265k cars sold. this january 200k cars sold. we "lost" revenue on 65k sales so we lost money...
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Margins are tight in this biz, and they are selling below cost, it's not exactly hard to figure out how they lost money....