Or not…
Again via Drudge: Ford posts biggest loss in 14 years.
Readers who are unaware of the Boycott Ford movement may buy this explanation:
High gasoline prices have caused U.S. consumers to shift away from sport utility vehicles and pickup trucks, a segment that represents over 60 percent of Ford’s current sales.
The American Family Association wonders, if that excuse is true, then why aren’t General Motors and Chrysler - who were in the same position as Ford before the AFA boycott - facing the same difficulties?
While Ford, General Motors and Chrysler had similar financial problems when the AFA boycott began, most analysts see General Motors and Chrysler conditions improving. While not responsible for all of Ford’s financial problems, the boycott is not doubt having a major effect. Ford blames it on the cost of gasoline. But General Motors and Chrysler face the same problem of $3 a gallon gas, yet their situation is improving.
Interesting.
If you doubt AFA’s ability to be the force behind such a loss for Ford, check out this. That is only one of many examples of the force behind AFA.
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