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Will Ford go out of bussines or be delisted in the next 20 years?
13Jun2008 Filed under: CorporationsQuestion:
Will Ford go out of bussines or be delisted in the next 20 years?
Answer:
I honestly think that the futures of Ford and GM are going to be dependent on the new Union contracts that will be negotiated for next year.
Both companies seem to realize that they need to right-size for their current and projected market shares, and that they need to change the business plan to less reliance on trucks, and large SUV's to smaller more fuel conservative cars.
So the questions are, can they reduce their overhead to compete with the “foreign” competition and can they get more fuel efficient products that people want to market in time to make a difference?
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