The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (201838)	5/12/2009 12:59:20 PM
From: John Koligman	of 306849

Toyota and Honda will be the biggest winners IMO. I would not buy a Ford over a Honda product in today's market. The others are also MUCH stronger financially. Folks here are lauding Ford but they are in hock up to their eyeballs, the CEO having essentially put the company up as collateral for the billions they received several years ago. They are coming out with new products, like a new Taurus that looks okay, but their best products seem to always be reserved for the European market. Some of those will come over the pond soon, but the Japanese aren't sitting still... Ford had a 24B cash hoard in 2000, but their CEO Jac Nasser, bent on world domination, bought spiffy brands like Range Rover, Jaguar, Aston Martin, and Volvo, all of which had crappy quality products and outdated plants that sucked up billions of Ford dollars before they finally sold the brands to India's Tata Motors. They are still looking at unloading Volvo.... Regards, John

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