Quote:
Originally Posted by Knipps
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"The results indicate Chief Executive Officer Rick Wagoner is delivering on his pledge to rely more on overseas sales while cutting expenses at home."
Exactly. The value of the dollar combined with the quickly shrinking economy and now consumer fears of a recession make for a bad situation. Ford is doing the same thing and trying to strengthen its European market which is already strong. The dollar is so weak right now, that there are stores in New York that now accept the Euro as payment. Thats right, paying for things with the Euro.. in America.