Ford Earnings Could Be A Bloodbath

Ford earnings "going to be a bloodbath." [Freep]

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DISCUSSION

Possibly the shortest post ever.

Did anyone expect good news in the earnings calls for Ford or GM? If so I'd like some of what they're smoking.

I work for an OEM supplier and we're laying off people like crazy right and getting pay cuts across the board to "right size" the company to match the production numbers. I really like the automotive industry but this downturn is making me debate going into consulting.