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Old 06-21-2008, 01:16 PM   #1 (permalink)
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Are this great news for Ford?

What do you think guys?


Quote:
This is tremendous news for Ford Motor Co., coming as it does during an alarming drop in U.S. sales car and truck sales, which is punishing Ford, General Motors Corp. and Chrysler LLC severely because of their reliance on pickup trucks and SUVs just as consumers are flocking to small fuel-efficient cars.

What Ford desperately needs right now is cash and time – cash to survive probably two more years of heavy losses in North America, and time to retool its product lineup to bring more attractive cars to the U.S. market based on product platforms that have yielded strong lineups of fuel-efficient cars in Europe and other markets around the world.


Kerkorian has piles and piles of cash, and has professed a willingness to use it to support Ford’s turnaround with more capital if necessary
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