Intelligent Investing Panel
Ford Vs. Government Motors
Alexandra Zendrian, 01.05.10, 06:00 AM EST
GM has come out swinging from its government-induced bankruptcy, but Ford's strength in 2009 makes it a contender in 2010.Things are looking up for the American automakers this year. General Motors is restructuring itself and is winding down its Saab brand. But though there seems to be more confidence in GM now than there was last year, Ford is giving GM a run for its money. These two companies could both be victorious, or one could leave the other badly bruised in the battle for top car company in 2010.
General Motors probably wants to forget 2009--the year that it was forced into bankruptcy. It ended the year on a higher note; GM's 2009 third quarter revenue was $28 billion, up $4.9 billion from its second quarter revenue.
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Tuesday, January 5, 2010
Ford Vs. Government Motors
In order to level the playing field which was biased in GM's favor with a rich infusion of government cash, the government will probably find ways to penalize Ford for not allowing the government to call the shots.
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