The BIG picture isn't bright for FORD.....why??

[JPFS1]

Hi all

Well as i look into my crystal ball of future earnings of the largest auto manufacturer's in the world (GM & Ford).. who would have thought that they are going broke...?? and they are!

In a world where the largest Economy (US) is in a state of despare, trying to mask the seriousness of the problem, the ugly nature of their deep seeded problems are now rising to the surface for all to see.

Put simply, the US dollar will continue to fall causing commodity prices to rise, Oil will look cheap at current prices when we look back to today towards the end of the year.

What does this all mean for GM and Ford??? Production costs increase eating into earnings and profits. We've seen the measure's GM have gone to already, knocking projects on the head ie. VE global platform derivatives etc.

Have a look at GM and Ford's stock price performance over the last couple of years for an indication....

There are many factors that have contributed to this downturn, but i won't go into it, and i can't see them doing anything to fix it, they seem quite content to continue on their merry way.

The future is looking very bleek IMHO, not wanting to sound too pesimestic, but the worst is not over!