Ford may lose 5 BILLION dollars in the 2nd QuarterGood point but we really don't know what percentage of debt is attributable to auto financing for either firm. GM sells more vehicles than Ford does, and it's a safe assumption they finance a similar percentage of sold vehicles, dealer flooring, ect.. Niether company is in immediate danger and with rebounding auto sales should be able to ride the current crisis out. I would like to see Toyota's numbers, but Japanese accounting practices differ from those of the U.S., so a direct comparison is difficult. VW's are another story entirely, and I suspect they are probably in worse shape than any major auto manufacturer.Mon, 04 May 2020 23:43:25 +0000
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