(Bloomberg) — Ford Motor Co. probably will be forced to cut its dividend to conserve cash through months of pain brought about by the coronavirus, analysts at RBC Capital Markets said.The viral illness that initially looked like an issue for auto supply chains in China is now a pandemic threatening vehicle demand around the globe, Joseph Spak, who rates Ford shares the equivalent of a hold, wrote Thursday. Industry sales have cratered in China and could fall by as much as half in the U.S. and parts of Europe for several months, he estimated.In listing the “burning questions” clients are …read more
Source:: Yahoo Finance
