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Автогиганты США готовятся к упадку

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  • Knowledge is power
  • The Future Of Possible
  • Hibs and Ross County fans on final
  • Tip of the day: That man again
  • Hibs and Ross County fans on final
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S 2 of the  largest  South American  car manufacturers  Ford Motor and General Motors  are preparing  for a  likely  financial  declineAdherents of the firms reported  this  as the  ongoing trade battle between the USA  and China is fueling  fears of a massive  recession,  reports  Reuters  .      

The reciprocal  tariffs  have pushed up commodity  prices  for the  global  auto industry,  which is  now  positioned  to be  hit by  weak  demand in China and the  USwebsite website

According  to  Matt Fields,  Ford North American ‘s chief money  officer , Ford Motor  has a  $20  billion foreign exchange  buffer   against  a possible financial regression .    

General Motors  has  $18  billion  with the potential to pay dividends  in  2  years,   Divya Suryadewara , head of the firm’s cash  department  , said  at the conference  . 

Mutual  duties of Washington and Beijing  increased  prices  for raw materials for the  global  auto industry


GM is considering strategies to save money in the event of an economic crisis, including postponing non-essential capital expenditures and considering switching to cheaper vehicles.

Ford said it is «proactively» evaluating future moves, working with economists to determine the severity of a possible recession.

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