Quote:
Originally Posted by Dakota Kid
IMO, Ford is in better shape than GM and Chrysler. Will they have to go the Chapter 11 route? Dunno, lets see how it plays out.
I fear for Ford having to compete against Fiat and Government Motors, tho, I hope they don't get "punished" for being more fiscally responsible.
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That is a misconception. They are in the same boat with the other two. They got loans against everything they had. They are in no means in great fisical shape. They arent more responsible than either GM or Chrysler. They just started an overhual before GM/Chrysler and were able to get loans before the bottom fell out. This is the only reason Ford as of "yet" hasnt had to borrow from the goverment. If the economy keeps up the way its going for the next year, then Ford will be at the goverment loans line as well. This is from several different economist all saying the same thing about Ford. From the outlook of most economist the economy isnt going to be in a great place for a few years either. Cars are low on a list of items being bought. If this trend keeps up as is predicted, then Ford will be in the same postion as the rest. Just about a year behind.