The Next Recession Can Bankrupt Ford Motor Company, Crypto Coins News
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Ford has been struggling ever since Alan Mulally left the company and there are reasons to believe the auto giant could fail to survive the next recession.
The company biggest profit-generator, the F – 716, will be negatively affected by rising oil prices.
Ford’s attempts to diversify have been failing as evident from the sales trend in China.
Auto giant Ford’s (NYSE: F) share price has been on a steady decline since hitting highs of $ (**************************************************************** (in 2014. The company has been struggling since legendary CEO, Alan Mulally retired.
Considering what lies ahead, there are good reasons to believe that Ford’s under-performance will continue. There’s strong reason to believe it may not even survive the next recession.
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