Economist Warns That Ford Is Treading Close To Bankruptcy | TPTS

2 years ago
27

Due to a profit warning, the price of Ford shares fell by more than 10% by the end of the day. To cover rising costs, it will cut production and raise prices. If the Fed doesn't change course, it's likely that Ford is treading close to bankruptcy. Where the Motor City goes, the rest of the country goes.

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