Ford Motor Co. is reporting almost $1b in profits in the third quarter. CEO Alan Mulally credits the Cash for Clunkers program and cost cutting for their success.
"Ford, the only one of the three big U.S. carmakers that didn't file for bankruptcy this year, reported net income of $997 million, or 29 cents a share, for the three months ended Sept. 30. That compared with a net loss of $161 million, or 7 cents a share, in the same quarter a year ago."
The Ford Focus, a compact car that gets 35 mpg on the highway, was one of the most popular cars available under the Cash for Clunkers program.
FULL STORY: Click here to find out more! Ford reports nearly $1-billion profit in third quarter
Colorado Launches ‘Cash-for-Clunkers’ Program
Colorado residents can get $6,000 in extra rebates if they trade in their old gas-powered vehicle for an electric vehicle. Rebates are expected to go quickly.
Cash for Clunkers Program A Dud, Say Economists
A new study says that the bump in sales brought on by the Cash for Clunkers program was immediately followed by an equal plunge in sales, effectively wiping out the economic benefit.
Cars and Houses Brought Back the Economy
The economy is up 3.5% in the 3rd quarter, thanks in large part to government subsidies for car and home buying. Otherwise, the impact of the stimulus has been muted, says The Washington Times.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.
Amtrak Rolls Out New Orleans to Alabama “Mardi Gras” Train
The new service will operate morning and evening departures between Mobile and New Orleans.
The Subversive Car-Free Guide to Trump's Great American Road Trip
Car-free ways to access Chicagoland’s best tourist attractions.
San Antonio and Austin are Fusing Into one Massive Megaregion
The region spanning the two central Texas cities is growing fast, posing challenges for local infrastructure and water supplies.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
JM Goldson LLC
Custer County Colorado
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont