Friday, June 19, 2009

The Balance Sheet

Balance Sheet Analysis:

From a financial balance sheet analysis, Ford would fail as a healthy investment. Graham/Dodd would probably not have taken a second look at this company. Its debt/equity is poor; it reported negative income since 2006 (it was last profitable in the year ending December 31, 2005); the automobile industry is assumed by all to be virtually non-existent.

To coin a phrase that supported the March-June 2009 40% global stock market rally, Ford is doing "less worse" than what the market thought. In fact, it is doing better than its competitors.

GM and Chrysler, as it emerges from bankruptcy, will be distracted from making bold and key decisions. Investors who have written off Ford also believe that these bankrupt companies will undercut product pricing. People thought this too, before the bankruptcy. The thing is, it never really happened. At that point, the fate of the other "big two" was sealed. Now, GM and Chrysler have too many owners and it is under government intervention and supervision.

SIC classification

Ford Motors SIC code is 3711 (Motor Vehicles and Passenger Car Bodies).

Tuesday, June 16, 2009

John McCain "tweets" that he's buying a Ford hybrid

WASHINGTON (AP) -- Former Republican presidential nominee John McCain is getting a new set of wheels.

The Arizona senator said on his Twitter feed Monday that he was buying a new Ford Fusion Hybrid. His office says he's getting the 2010 hybrid in silver and was impressed by its fuel-efficiency.

The hybrid gets 41 miles per gallon in the city and 36 mpg on the highway. McCain's spokeswoman says the senator was "sold when he left the parking lot."

McCain is replacing his Cadillac CTS, which he has used to drive around Washington, D.C.

Sunday, June 14, 2009

Don't Buy Ford Stock????

Here is an interesting article from USA today that is cautioning investors from buying stock in Ford Motors.

http://www.thetruthaboutcars.com/usa-today-dont-buy-ford-stock/

Friday, June 5, 2009

The Car That Could Save Ford

A nice article from NewsWeek that discusses a new model of car that Ford has high hopes for:

The Car That Could Save Ford

Wednesday, June 3, 2009

Ford Company Mission

Here is a link to Ford Motor's official company vision:

Ford Vision