Skip to content

Economic Strategy

2009-January-30
[turnpike map]

Detroit auto makers were among the first U.S. manufacturers to embrace the “just-in-time” inventory policy, which demands fast delivery of materials.

Today Detroit is the worst place where tyo leave in the USA.

Ford Motor Co. reported a $5.9 billion quarterly loss that was twice what many expected and said it would draw down its last credit lines sooner than anticipated, raising fresh questions about how long it can survive without a government bailout.

Ford burned through more than $5.5 billion in cash in the fourth quarter. While that was down from the $7.7 billion it ran through in the third quarter it left the company with just $13.4 billion at year end, an amount it could use up in a few quarters if conditions remain dire.

Auto Maker Reports $5.9 Billion Quarterly Loss, but Doesn’t See Need for Government Loans

Advertisements

From → business

One Comment
  1. I will buy a Ford!

    Huge prices on oil and gas have as result end of just in time econoic strategy!

    Like

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: