Ford Motor Company is struggling everyday. Great-Grandson of Henry Ford is out. Sales are down. Image is down. Reliability is down. Energy problem is not solved. Visteon still is a problem.
But, Ford is not the only looser. GM is scratching and Daimler - Chrysler is down-up-down.
But, Wilbur Ross, the billionaire, is trying to get the whole picture: 1) But auto sales remained relatively strong at around 17 million units. 2) half of the 50 largest suppliers in North America lost money in 2005. 3) very few earned more than 3 percent on revenues.
It is time to look for a bargain stock like Ford, with a market value of less than 14 billion. This is a small amount for a big auto. We do not even think of a Ford failure....
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