Ford is now rated as more likely than GM to default on their debts: MSNBC article
Ford is, I think, paying the price for the ambiguity of their plans to return to profitability. GM has taken a lot of flak for all the jobs and plants they've expressed an interest in eliminating, but they know they have to do it or die so they've been extremely up-front about it.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment