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The IMMINENT DEATH of INTERNATIONAL AUTO ICON(S)

PostPosted: Thu Oct 09, 2008 3:26 pm
by March Hare
... Seems like it's just days away now..

At the sound of the bell today, FORD MOTOR Co. stock was selling for $2.08 a share, down a full 22% from yesterday....and GM /GMC wasn't very far behind at $4.76 down 31% from Wednesday.

General Motors, at one time in the 1950's had more money than the U.S. Government

FORD MOTOR Co. is now paying out more to their retirement pensions than the entire company brings in.. right now the NUMBER 3 auto maker in the WORLD is $268 BILLION dollars in debt

Bankruptcy is imminent for both these companies but will they disappear altogether ?

Re: The IMMINENT DEATH of INTERNATIONAL AUTO ICON(S)

PostPosted: Sat Oct 11, 2008 3:53 pm
by Zarana-X
I already lost my last job at a Ford Dealership that was forced to closed. Moved to another one. Everyone's getting kinda nervous. Damned Extreditions, Exploders, and Super Dutys, you can't give them away now. They need to Get the Eurospec Focus, Fiesta over here ASAP, and ignore people's misconceptions about diesel and bring over the diesel Fiesta. Ignoring the warnings all along helped dig this hole.