Auto Analyst: Ford's Finances Precarious

Ford Motor Co. has managed to not take any federal loans and is in a dramatically different financial position than either GM or Chrysler.

Maryann Keller, an independent auto analyst, says Ford may not be asking the government for bailout funds, but that doesn't mean it is safe.

"Make no mistake about it: Ford may not be asking the government for a bailout right now, but Ford is still in a precarious financial position," Keller says.

She says Ford enjoys a relative financial cushion because a few years ago company executives took decisions that put it in a better position.

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