Bloomberg: A Rising Tide of Used Cars Threatens Ford’s Profits; ‘Ford is the canary in the coal mine’

Maryann Keller, Principal of MK&A, was quoted in Bloomberg on Ford’s change to its profit forecast: “Ford is the canary in the coal mine,” said Maryann Keller, a former Wall Street analyst who’s now an auto industry consultant in Stamford, Connecticut…“That’s just the game they play,” Keller said. “It’s deferring the loss, but those losses are now coming home to roost.”

The article can be read by clicking the link below:

https://www.bloomberg.com/news/articles/2017-01-23/ford-seen-as-canary-with-record-leases-spurring-used-car-glut

*Photo Credit: Bloomberg / J.D. Power.