Market capitalization July 15, 2020 26.57B.
Ford had earlier drawn down over $15 billion from revolving credit lines on top of 35 billion used. So total debt is -154 billions on books.
Ford go under water !Total debt per month go up -15 billions/ month on average can you imagine !
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Ford debt needs to come under control. Ford credit needs to severe the Sub Prime car loans. The repossess total has been climbing the past couple of years.