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Ford may be forced to seek U.S. aid

Source: Xinhuanet.com

Beijing : China | 10 months ago

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Ford Motor Co, the second-largest U.S. automaker, may have to abandon its plan to forgo federal loans as the weakening economy threatens to drive domestic sales 10 percent lower than the company's forecast. Ford expects U.S. light-vehicle sales will reach 12.2 million units this year, almost...

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More News From: Beijing : China

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Analyst: Auto industry facing extended weak demand

News Source: Taiwan News | 10 months ago

Automakers should not expect a quick turnaround in consumer demand, auto industry analysts said Tuesday, predicting the struggling economy could lead to some consolidation in the industry. Deutsche Bank analyst Rod Lache told the Society of...
Ford may be forced to seek U.S. aid

News Source: Xinhuanet.com | 10 months ago

Ford Motor Co, the second-largest U.S. automaker, may have to abandon its plan to forgo federal loans as the weakening economy threatens to drive domestic sales 10 percent lower than the company's forecast. Ford expects U.S. light-vehicle...