TITLE

Ford: Between devil and deep blue sea

AUTHOR(S)
Crain, Keith
PUB. DATE
June 2009
SOURCE
Rubber & Plastics News;6/29/2009, Vol. 38 Issue 24, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
The article presents the author's comment on the emergence of Ford Motor Co. from Chapter 11. The author says Ford was smart to mortgage the company to raise enough cash to survive. He says that Ford must compete with the General Motors and Chrysler that have seen their debt disappear. He says Ford has real financial contracts to pay off billions of dollars of debt.
ACCESSION #
43271761

 

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