Quote:
Originally Posted by jviehe
Unfortunately this can only end bad for Ford now that they have to comepete with Government Motors, who can now use the law and guns to encourage you to get a GM. Dont be surprised when theres a special tax credit for buying a GM, or GM is exempt from federal taxes, or regulations make it anything but GM able to produce. Ford would then move overseas I bet.
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I doubt Ford ever leaves America, even though I argued when it looked like they too would go bankrupt, that they should split themselves into two corporations, North American Ford and World Ford, although four divisions might be better, European, South American, Asian, and North America. As a split up company the stockholders would fare better as North America was the market bringing them down.
They still haven't turned the corner as they're increasing debt even as we speak. But, through careful management, it looks like their survival is no longer in question for the intermediate period (3-5 years).
GM emerged from bankruptcy with less debt (which is always the benefit of Chapter 11). But it's intermediate period doesn't look that great.