[Elias60]

Originally Posted by BKW

Ford already is in deep scheiss, very deep scheiss. Did'ja know that Ford put up the entire company for collaterral in order to get loans to keep operating?

Recently Ford's new prez, Alan Mulally..a former bean counter at Boeing said that.."Ford was in a race against time."

Ford has been trying to sell Land Rover and Jaguar for over two years...so far...no takers. Both these companies haven't made Ford ONE cent of profit since Ford acquired them. Estimates of what Ford has spent on Jag alone run over 15 Billion Dollars. Jag sells about 1500 TOTAL cars a month in the US, the RED ink keeps on flowing.

Most of Ford's sales are down this year, and have been dropping since 2005. The stock has hit the toilet...last time I looked, it was $8.25 a share.

How is Ford going to repay that multi-billion dollar loan which comes due in two years?

Selling Jag and Land Rover won't help, they'll prolly have to give them away like Daimler-Benz did when they sold Chrysler to Cerberus.

Ford going bankrupt = a REAL possibility.

btw: Have you seen the spy photos of the "so called highly touted" 2009 F150 yet?

Look ma, they changed the grille!

..and little else.

BKW, its great to see you back with your insights on the automobile industry this place is not the same without you. I for one would like to see you here more often. Your the kind of people that make this forum worth while coming to I was wondering what happened to you!