https://www.bloomberg.com/news/artic...ucturing-risks
I was somewhat surprised by this considering they were the one US automaker that was able to weather the financial crisis and had the best selling truck series in the US market, as well as strong Mustang sales. It's obvious those two can't carry the burden, but management obviously made some poor business decisions along the way.
As much as I'm not a big fan, competition is good, and needed. It's not looking good from what I'm reading, but hopefully they can pull themselves out of this very deep hole.