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Loading ...Ford - A sign of things to come?
Last Thursday, Ford reported a $12.7 billion loss for 2006, the biggest loss the car maker has reported ever.
Ford has plans to close 16 factories in North America and cut 45,000 jobs.
Today, Ford (in India) has ended the endorsement deal it had with Abhishek Bachchan to promote the Fiesta.
It is quite obvious that things are not very bright at the Ford camp at the moment. Will this elephant be able to dance again? Somehow, my intuition says this car maker will eventually get acquired by one of the Japanese majors, Honda or Toyota. What do you think?