This year has been a sad story all the way for Ford Motor Co. moreover, no news is bad news for the Ford cantonment... Ford should however be lauded for the sincere efforts it is putting in to regain its Epithet ... Enough of the Ford Debacle ... Here is another big fish following the steps Ford ,ours sincerely; General motors co.
The Harbour Felax Group, a well-known Group of auto analysts has revealed that GM and Ford are loosing money on every car they make. On an average GM loses USD 1,271 on each car it makes, the catastrophe for Ford on this occasion is less stunning as Ford loses USD 451 per car.
It seems Daimler Chrysler is the only one making some bucks in the auto market as the reports have reveled that it makes 144 USD per car. On the other hand, it is all smooth sailing/selling for the Japanese Automakers, as none of their big names are on the loosing end; Nissan makes $2,135 per car, Toyota mints $1,717 per car and Honda too ends up on the gaining side with USD 1,259 per car in its kitty.
Via : Mobilemag
