An interesting read, perhaps for the wrong reasons.
news.bbc.co.uk/1/hi/business/4360372.stm
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Wonder if this will affect Jaguar and Land Rover.
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Or whether as rumoured it will sell Volvo Cars to Renault, with whom Volvo has an established long term working relationship. Common sense says "I doubt it" as in relative terms Volvo Cars has been somewhat of a cash cow to the Ford group, but if times are tight...
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I beleive GM has now done a deal with the unions on healthcare/pensions which will save them a lot of money. Chrysler are now going down the same route, and Ford will follow. The effect for Chrysler and Ford is not going to be as great as it was for GM because GM have a higher pensioner/employee ratio, but I am sure it will return Ford to profit.
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