Editorial: Ford Death Watch 46: Fauxcus

While its Detroit rivals unravel with publicly-funded gusto, Ford continues to enjoy nearly unanimous praise from the media and industry commentators. And why not? Free from the public funding, bankruptcy, dealer slashing and attendant bad publicitity plaguing its competitors, Ford is clearly the healthiest of America's automakers. But it's impossible to forget that Ford's buoyancy is but one of the final boons of the pre-collapse credit markets. Mortgaged to the hilt, Ford finds itself facing new CAFE and emissions standards without a certain deep-pocketed uncle standing by to pay its way into the new, green automotive paradigm. As a result, Ford seems to be trading long-term opportunities for short-term survival.

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