Nascar


JayGeePee

JayGeePee

15+ Year Member

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Mar 25, 2009
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Beaufort, NC
Vehicle Year
1997
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What do you Boys(and girls) think about Nascar losing Chevy, and Dodge? I mean its an American Sport right? Anyway Its The CEO's fault on both parts... Ford had the most debt out of all three, and is doing the Best right now. If I were you, I'd invest in Ford stock - I'm seeing good things in the long term. Give me some input!:icon_thumby:
 
I don't think they will lose chevy or dodge. I think that the teams will lose some factory support (which is huge bucks), but with all the teams merging and bringing in outside investors, I feel like they are going to keep on racing. If all factory support is lost, the teams will start working together for R&D programs. I just don't see chevy or dodge going anywhere in the short term as far as nascar is concerned.

You are right about the Ford stock, they seem to be doing fairly well right now despite the economy. I read an article in the USA today about Ford trying to copy Hondas business model. Don't know if I agree with that, but I'm not exactly a high paid CEO either!
 
You do realize that that rumor was an April Fools joke?
 
I wish Ford was doing that good. Got this out of the Bloomberg report today. Hope it wasn't a joke either (but wish it was).

Ford’s March U.S. Sales Fell 41% as Job Losses Rose (Update1)
By Mike Ramsey and Alex Ortolani

April 1 (Bloomberg) -- Ford Motor Co.’s U.S. sales plunged 41 percent in March, the 16th straight monthly decline, as job losses mounted and consumer confidence remained low.

Deliveries of cars and trucks fell to 131,465 from 222,337 a year earlier, the Dearborn, Michigan-based company said today in a statement. The drop was smaller than the 45 percent average estimate of 7 analysts surveyed by Bloomberg.
 
:icon_rofl::yahoo::icon_rofl:APRIL FOOLS... But yeah, I know it dosnt sound great, but I really have a good feeling about Fords stock...
 
Last edited:
Mac said:
I wish Ford was doing that good. Got this out of the Bloomberg report today. Hope it wasn't a joke either (but wish it was).

Ford’s March U.S. Sales Fell 41% as Job Losses Rose (Update1)
By Mike Ramsey and Alex Ortolani

April 1 (Bloomberg) -- Ford Motor Co.’s U.S. sales plunged 41 percent in March, the 16th straight monthly decline, as job losses mounted and consumer confidence remained low.

Deliveries of cars and trucks fell to 131,465 from 222,337 a year earlier, the Dearborn, Michigan-based company said today in a statement. The drop was smaller than the 45 percent average estimate of 7 analysts surveyed by Bloomberg.
Click to expand...

Yeah Ford isn't doing better than anyone else, they borrowed against about everything the own for cash rather than beg the govt for a loan. They did that awhile ago before the crap really hit the fan.

Just because they didn't beg for a bailout doesn't mean they are winning battle right now, but it is pretty much a battle of who can die the slowest and maybe still be alive when the storm clears.
 
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