SA: Ford – is the auto industry the next domino to fall?
SEEKING ALPHA‘s Cavenagh Research writes: Summary – Ford shares dropped by as much as 10% in early hours ...
Ford’s response to the difficulties in sorting car-carrier capacity has been blunt: it has hired a “whole damn ship”, as this report from Which Car notes – presumably a reference to Jaws and “the head, the tail, the whole damn thing”. Operated by Polaris Autoliners, the Grand Quest can carry some 2,600 Everest and Ranger ute vehicles between Thailand and Australia/New Zealand. Although, the carmaker has yet to explain how this acquisition will shorten the current six-month wait ...
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