Just because he is the great grandfather of Henry Ford, he should be the
CEO. Latest news states Bill Ford states "the company had been caught off
guard by the speed of the consumer shift away from pickups and SUVs to more
Is this guy an idiot or what? High gas prices = low pickup sales.
Ford/GM/Chrylser..all get whats comming to them from the past
HAHAHHAHAHHA die die die
I'm no Bill Ford fan, but I also am very skeptical of someone with no
experience in the kind of business Ford is in taking charge and making
things happen. I also don't trust Bill Ford to hand pick a
replacement, which seems to be what he has done.
The board of directors at FOMOCO is ineffective in part because at the
end of the day the family does whatever they feel like doing even though
they only own 5% of the stock and only own that thanks to lucky births.
Nobody who knows what they are really doing is minding the store and the
board of directors is really a rubber stamp operation.
In a way he is doing exactly what Henry Ford II did. After II took over the
company in the forties, he hired a bunch of military "geniuses" to run the
company (remember McNamara?). They more or less got the business end of
thing straightened out and eventually product guys moved back to the top.
And it wasn't Bill Ford that picked Nasser.
And this is different from most US corporations in what way? I've seen
companies turned over to incompetent CEOs who cook the book to make
themselves look good while raking off millions (or even billions) and then
leave the company in shambles. It is unlikely Bill Ford will walk away. And
he isn't even taking a salary right now (not that he needs one).
Just like most large US corporations. When the economy is growing strongly
these guys look good. They are exposed as a bunch of rubber stamps when
thing get a little tight.
I made no claim about attending board meetings. My conclusions and
inferences are based on the announced results of those meetings. If you
are looking for insider information I'm afraid you need to look elsewhere.
Sometimes we need to take a step back..... the bottom line is customer
satisfaction. We often see those with good product knowledge screw up real
bad..... Fresh blood just may be the answer... someone that hasn't been
"jaded" by the system.
Our service manager doesn't know squat about cars.... she does understand
customers..... and we are better for it...
Caught off guard? Are you kidding me or what? American consumptiopn is
growing, India and Chian and a host of other comming online competing with
the US for oil...
Aside from the lage oil find today, where do you think new oil is comming
All Ford could do is sell pickups. period. The Asisn are kicking Ford arse
all over this country. His grandfather is responsible for the downfall of
Ford, not having the brains to look foward, and look aside at the aisians
Ford and GM are heading down a slippery slope - and faster every month
Ford's method of slashing its labor force is similar to cuts made
earlier this year by larger rival General Motors Corp. At GM, 34,410
hourly workers have accepted buyouts or early retirement offers, and
the company cut 2,000 salaried workers.
Ford, GM and DaimlerChrysler AG's Chrysler unit are struggling with the
need to reduce their so-called "legacy costs" of big pay and benefits
packages for workers and retirees.
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