This will take you to the main site where there is history, technical information and other information on these cars.
This takes you back to the main page of the forums.
This is the control panel to change your password, information and preferences on this message board.
Click here if your lost your password or need to register on this message board. You must be a registered user to post. Registration is free.
Search this board for information you need.
Click here to buy cool Squarebirds mechandise.
Click here to support Squarebirds.org. For $20 annually receive 20mBytes webspace, a Squarebirds e-mail address and member's icon on the message board.
  #1  
Old 04-22-2007, 11:02 PM
RSS Robot's Avatar
RSS Robot RSS Robot is offline
The Source
 
Join Date: Jan 29 2007
Posts: 5,854
RSS Robot is on a distinguished road
Post Bill Ford, Jr. on FoMoCo's Way Forward: everything still on the table

Filed under: Ford
Ford, Mulally, and Ford. Unlike the Three Musketeers, in this case it's all for two -- Bill Ford, Jr. and Alan Mulally -- and those two for one: Ford Motor Company. An eye-opening article called "Driven to the Brink" in the first issue of Portfolio magazine features a lengthy look at Ford and an interview with Bill Ford, Jr. on what he's been through, where the company is, and where he has to make sure it goes.
The initial numbers are staggering: a $12.7 billion loss in 2006, more than 38,000 jobs gone, a dozen plants shuttered, and of course, the $28 million paid to Mulally. Behind those numbers are others: $23 billion to finance a 2-year restructuring, $17 billion in expenditures over the next two years, nine more plant closures, 70% of all models new or improved by 2009. And behind those numbers is the scion held responsible for an American institution who wanted to create an environmentally responsible company before he was forced to, who had to fight his own company bureaucracy, and who, when turned down by Mulally the first time, said he was "silent and devastated. I had no Plan B." The quote about selling the company that some outlets attribute to Ford wasn't actually spoken by him (that was actually his former chief of staff), but on the subject of the future, he did admit, "We felt the best thing we could do was get our house in order. That doesn't preclude anything down the road."
The article dangles a number of fascinating possibilities. No matter what happens now, though, the company and the family are all in: to get the company that restructuring loan, Ford mortgaged absolutely everything -- even its own logo. As Anne Ford said, "If we lose, we lose everything." You can read the full article here.
[Source: eGM Car Tech]


Read | Permalink | Email this | Comments


More...
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -4. The time now is 10:46 AM.

Driving, racing or working on cars can be hazardous. The procedures and advice on this website including the message board are opinion only. Squarebirds.org and its webmasters and contributors do not guarantee the correctness of the advice and procedures. The Squarebirds.org and its webmasters assume no liability for any damage, fines, punishment, injury or death resulting from following these procedures or advice. If you do not have the skills or tools to repair your car, please consult a professional. By using this site you agree to hold harmless the Squarebirds.org, its authors and its webmasters from any resulting claim and costs that may occur from using the information found on this site.

Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Any submissions to this site and any post on this site becomes property of Squarebirds.org . The webmasters reserve the right to edit and modify any submissions to this site. All material on this is site is copyrighted by the Squarebirds.org. Reproduction by any means other than for personal use is strictly prohibited. Permission to use material on this site can be obtained by contacting the webmasters. Copyright 2002-2016 by Squarebirds.org.