Quote:
Originally Posted by Dollarmansteve
They have ohhhh about 34 BILLION DOLLARS IN CASH
This is a really rough accounting loss - but any business with that much liquidity isnt in that much immediate trouble.
The problem for Ford has been their inability to turn out decent product - they need a home-run product soon or they will be toast.
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34 billion in cash??? You mean their projected turnover is 34 billion and depleting each year in a market where they are discounting their product to move it?
Not a pretty picture, but in line with the overall...