Posted by MoparNorm on Saturday, March 04, 2006 at 7:36PM :
In Reply to: Re: Might be smart buy posted by Tom in Oregon on Saturday, March 04, 2006 at 4:56PM :
Fact of the matter is, ford is in worse shape than gm and, if Dana can't restructure, ford is in a world of hurt, Dana makes the frames for ford SUV's and F series trucks as well as the axles for them, their production will grind to a halt as millions of parts stop being shipped.
Watch for a massive sell off of the many Dana divisions, the repercussions could be huge as Dana builds a LOT more than just axles. They make parts for Getrag (Dodge transmissions) gaskets (Victor) engine parts (Clevite and Perfect Circle) this is a big ripple in a bigger pond.
MN
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