casey00001

Ford and the New 'Profitability'

Wow: Keep an eye on GM is like saying look over Barack Obama's shoulder. What they hell can they due the Gov't owns them 100% right now until they issue stock which will happen about the same time we have National Health Care. Which will be NEVER.


On Jul 24 10:04 AM hoffman23 wrote:

> Keep an eye on GM. The newly introduced 2010 Chevy Equinox ( only
> available for 1-2 weeks) is hotter than hot. The dealers can't keep
> them in stock. And a big player in that category is Ford Escape.
> Chevy is going to eat Ford's lunch and Ford is going to lose big
> in that profitable category. So watch that cash burn rate. It might
> be increasing sooner than one might think.

Why Ford Is a Goner

So to much free credit (subprime loans) that caused the economic chaos, that led to lack of credit (not be able to finance a car) which helped to dump sales, will now be politically selective cheap credit that will lead to the further downfall of another industry. Great, seems like real progress.