9secondko
Well-Known Member
- Joined
- Jul 4, 2014
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- Irvine, ca
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- 2003 cobra
I'm sure you're happy that today Wall St cut Fords Rating to "JUNK."
https://www.bloomberg.com/news/arti...-moody-s-on-doubt-restructuring-to-boost-cash
"Ford Motor Co. was dealt a major blow by Moody’s Investors Service, which cut the carmaker’s credit rating to junk on doubts that a turnaround plan by Chief Executive Officer Jim Hackett will generate earnings and cash quickly enough."
Wall St analyst said Ford has lost its way. Future doesn't look good.
That would definitely make me think twice before I buy a GT500 for close to a $100k.
Case in point.
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