In the Year of Our Ford
Now that the LA Auto Show has wrapped up and the wraps have been taken off all the new vehicles at the NAIAS in Detroit, it’s time to make three predictions.
Chrysler will continue to do OK. General Motors, despite its financial woes, is in better shape than the auto press (and me, sometimes) gives them credit for. But Ford is in deep, deep trouble.
Let me repeat that: Ford is in worse trouble than GM.
Before I explain why, let’s get to a couple other things.
Chrysler/Dodge/Jeep is unique among (semi-) American automakers, because they turn a profit on each car sold. Only a couple hundred bucks