What will be the end of Ford? Shares plunge as losses mount

It's become nearly tiresome by now -- car companies, especially one of the Big Three announcing yet another production cut or shift, job cut, reorg, sales decline, losses, what not. If Thursday it was ) said it "will delay introduction of its new F-150 pickup truck by two months and further cut production because of the declining market for pickups and sport utility vehicles." If it wasn't so genuinely sad, and the implication of this, big picture wise, weren't so alarming, I might just say, boo hoo. The problem is, though, as much as I tend to shake my head when reading this and think "haven't you seen the writing on the wall," I'm more concerned about what all this could mean. If you recall, only last quarter Ford surprised us with a profit. Yes, a profit. Then, not long after that, Ford said it no longer anticipates to... [read full story]