Ford may lose 5 BILLION dollars in the 2nd QuarterThe important point is to stay liquid until restrictions are lifted, this is not like permanent economic collapse.
The reason that Ford no longer has Fields $30 billion war chest is because Hackett invested heavily in future
products and rescuing Ford Europe, those two things are major spends that won't need repeating.
I'd imagine that VW is experiencing even bigger quarterly losses than Ford so now alliance makes even more
sense nowb to both partners but doubt that it will go beyond that.Sat, 02 May 2020 01:04:54 +0000
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