Ford Motor Co!
I just read a report online that reported Ford Motor Co. lost $129 million in the 3rd quarter. And on top of the huge lost they also blow away $7.7 billion in cash. If you ask me, instead of trying to grow at this point you should maybe try to cut back some. Ford Motor may have peak and is now to cut back with the times. If they haven’t already they should also stop making so many trucks. People in today’s world are not buying trucks anymore. The only ones buying trucks are the people who really need them for work related stuff. Now I know that trucks carry the biggest profit for any automaker, but you can’t make money if their sitting car lots across America. People want better fuel economy cars, and that’s what all automakers should be focusing on, which I think they are. Anyway, Ford and other automakers need to get their acts together or they will be closing factories across America. And the only ones that will get hurt are the people working in these high paying factory jobs.
