Ford Inches Closer to the Drain

Wow it seems that US carmakers just can't compete with the Japanese. Ford looks like they are really restructuring their operations in a big way:

The company announced it would cut 10,000 more white-collar positions
in addition to offering buyout and early retirement packages to all of its
75,000 hourly employees. It also suspended its dividend.

That last bit is what I would be wary of if I was an investor in F stock. It is always a bad sign when a company pulls its dividend. Even if they have to save money that is a bad sign IMO.