
The announced $11bn revamp by Ford is planned at taking this failing car company back into profit. The giant which owns Aston Martin, Jaguar,Land Rover/Range Rover, and mazda among others, reported a loss of $12.7bn, and is pplanning on cutting 51,000 jobs worldwide. As part of this it has put Aston Martin on sale which I find a Suprise as it was one of the few parts of the company that waas making any money. Having said that Jaguar is looking promising with its new range of cars coming out from the luxury s type to the ridiculously fast XKRR. This sets to go into profit sooner than the rest of Ford. I think Ford needs to rethink its approach and sell all the companies it owns which are really loosing money, and then it will still be a force to be reckoned with instead of dying completely.
http://news.bbc.co.uk/1/hi/business/6406887.stm
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