Ford is a goner for sure. Compared to Government Motors it has a poor capital structure. The only was that GM will succeed is with import restrictions. Obama cannot let GM fail and whatever it takes for that to succeed, killing Ford and killing imports will happen.
Fiat had such a poor reputation in the US that it abandoned this market long ago. I don't see how they can succeed with the Chrysler take over.
Brace for lousy US made cars and high prices on imports.
Why Ford Is a Goner [View article]
Ford is a goner for sure. Compared to Government Motors it has a poor capital structure. The only was that GM will succeed is with import restrictions. Obama cannot let GM fail and whatever it takes for that to succeed, killing Ford and killing imports will happen.
Fiat had such a poor reputation in the US that it abandoned this market long ago. I don't see how they can succeed with the Chrysler take over.
Brace for lousy US made cars and high prices on imports.
The Bonus Tax: The Redistribution of Both Wealth And Talent [View article]