"Ford is in the final days of a scramble mode — paying one credit card with another credit card until the gig is up," said market analyst Jon Gabrielsen.
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https://www.freep.com/story/money/cars/ford/2020/07/31/ford-defer-loan-payments/5554286002/
The earnings call did not give me (or the analysts, apparently) the feeling that our financials are not in terrible shape. Saving Q2 with the Argo paper isn't going to happen again, and they admitted that there will be a loss for the full year. How long can we go on without meaningful cuts, and I'm not hearing about any, just hype about products that won't generate revenue for a year.
Anybody else feel the lack of urgency?