Stephen Girsky is surrounded by reporters following a presentation at an automotive conference in Dearborn. But before Morgan Stanley’s managing director and top auto analyst can answer their questions, he throws a curveball: He needs everyone’s business cards. Down the road at Ford Motor Co. headquarters, Chairman Bill Ford Jr. won’t return a stock analyst’s phone call – it’s not worth the legal risk. And in New York, veteran automotive analysts are quitting the ...

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