it'll be vehicles that deal mostly in high end that'd go belly up first which I guess means chev then chrysler and then ford, besides ford owns jaguar and several other companies so... and plus they have a huge name in Australia and other countries so.... ford probably in decent shape for now
Ford has sold Jaguar and Land rover to Tata, and Aston Martin to the management, Ford only has Volvo left and they will have to sell it as well, but it will be hard to sell as its so integrated in to Ford, and they will have to sell it for much less then in 1999 when they bought it from Volvo Group. But of the the 3 Ford are the best of the 3 they still have good sales overseas and there US trucks seems to sell. I hope that Volvo buys Volvo cars back from Ford and maybe SAAB as well. I bought a lot of Volvo Group stocks under this year so it would be good for me and it would be good for the Volvo brand as well
. but 6 billion is way to much
(Ford = Volvo, Mercury, Lincoln, Ford) and ford are about to sell there EU models in USA as well and that might be a good idea they use less fuel and are safer, and Fiesta and Focus might be what the consumer wants a hatchback.
Chrysler has the biggest need for cash before new year they will need 9 BILLION US to stay in the game, and
there cars might be hard to sell, and only Jeep is in some what good shape and it could find an owner in its last owner
GM, GM need 7 billion, but they have much to sell of, I think they should clean out some US brands and stay with Chevy, Cadillac, Opel (Saturn, Vauxhall same as opel) and Saab and kill of the rest
and buy Chrysler
Edit
But it is not responsible to bail them out they have been miss managed for so long Chapter 11 is the best option.
I hope that Ford is the last to fall since I recently bought a whole bunch of Ford stocks! So I say death to Chrysler!
I would not wanna have stocks in any of those, if they get help from the gov there debt will have senior status over the rest of the debt and stockholders are already out of the game its worthless
Total Assets 242,065.00
Total Liabilities 244,054.00 (More debt then assets)
Total Equity -1,989.00 (=stock worthless but it could be worse look at GM
)
Yeah! After all, it was Ford who invented the automobile in the first place!
Karl Benz = Daimler AG, it can't be fun to be stuck with 19.9% of Chrysler
Eh Ford... they are low quality IMO; always had a bad experience with em. We had a ford van die after 1-2 years, my dad's ford SUV doesn't have air/heat working (and doesn't want to pay money to fix it; not worth it), and it's on its 3rd transmission which is obviously beginning to fail, and we borrowed somebody's ford van to go on vacation and that thing needed $400+ in repairs in the middle of it cause it's exhaust system went nutso. So yeh. Haven't had a great experience with it.... So I vote for Ford to fall
People seem to think quality can save a company. Not really. Look at Dell, crap computers, but yet they manage to sell millions. It's all a mind set that people think something is the best, someone may think Ford is the best. I personally think all American cars suck, hence we drive Toyota's. Ford owns Mercury, Volvo, Lincoln, Jaguar, Land Rover, and Aston Martin. They plan to give up Volvo to get some money coming in.
You should check some of your facts, but its true that US cars suck, Toyota rules
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