Ford Focuses on Finances, in Frankfurt
Like any auto show, the Frankfurt Motor Show was an opportunity for American automaker Ford to strut their stuff. And that's exactly what they did, both in terms of products (i.e., a new electric bicycle concept and Fiesta ST Concept) and financial performance.
Now, before you scoff and call Ford's finances dire, understand that over the past two years they've successfully paid off $19.6 billion of their debt. That's $9.8 billion per year and approximately $.81billion per month! And yes, that is something worth talking about. And, so Ford did.
"Earlier this week…
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Finance