By Leftlane Staff
Friday, Jun 23rd, 2006 @ 9:28 am

Many analysts now feel Ford is now more likely than General Motors to default on its debts. The companies’ shares have also moved in opposite directions in recent months. “The switch centres on concerns about the viability of Ford’s Way Forward plan, which aims to return its North American operations to profit by 2008,” explains Richard Beales of the Financial Times. “Analysts and others have doubts about Ford’s ability to staunch recent losses in market share and have questioned the quality of management at the family-controlled carmaker.”

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