Ford has $30B after borrowing $15.4B. This provides enough liquidity for Ford to survive unless this crisis extends until the beginning of August per Deutsche Bank.
Deutsche Bank’s Emmanuel Rosner downgraded General Motors Co. for the first time since he initiated coverage on the automaker more than a year ago, warning the carmaker will run low on cash if production shutdowns continue for months.
GM and Ford Motor Co. have only 15 to 17 weeks of liquidity to ride out current conditions before they hit the minimum levels of cash they need to run their business, Rosner said in a report Tuesday.