BREAKING! Ford Reports $8.7 Billion Net Loss For Second Quarter 2008,…

Ford's just released two press releases detailing an OMFG $8.7 billion net loss for the second quarter of 2008 (which includes a pre-tax special charge of $8 billion, $5.3 billion of which is for Ford North America). But more importantly to the enthusiast is news they'll be bringing to North America six European… » 7/24/08 7:03am 7/24/08 7:03am

Ford To Build Euro Models Stateside, Reports Wall Street Journal

A Saturday Wall Street Journal report claims Ford is working up plans to retool its North American assembly plants to build a number of European models. Ford hasn't confirmed the report, but it is expected to announce the shift during its second-quarter earnings conference on Thursday. While the paper mentions only… » 7/21/08 10:40am 7/21/08 10:40am