Ford Chairman and Chief Executive Bill Ford Jr. said the Detroit auto industry is in a “precarious” situation, but does not see bankruptcy as a risk at Ford, reports Reuters. “We don’t see it at all,” Mr. Ford said when asked if it were possible the company would seek Chapter 11 bankruptcy protection. Ford said that the company remains profitable and has plenty of cash. “We have got just one big problem, and it’s the U.S. auto business, and we’re going to fix that,” Ford said.
New car price quote
Zero obligation price quote from a trusted local dealer.
04/05, 6:03 PM
posted by:
///mach3
“pay no attention to the man behind the curtain….”
04/05, 10:00 PM
posted by:
John
Why does this guy look like Jim Kelly’s little brother? Is he going to win the Super Bowl with Kermit?
04/05, 10:12 PM
posted by:
Angelo
They’re identical. Nope, no Super Bowl, he’s going to loose it or get injured and bring in Frank Reich.