Bill Ford stepped down as the CEO of Ford Motor company. His replacement, Alan Mulally, has been credited with a turnaround in the Boing aerospace division.
I think it’s fairly obvious that Bill Ford was not doing a very good job as CEO of the family company. Ford has tanked and the auto’s that they are selling, well, frankly, they aren’t. The stock is at near all-time lows and bankruptcy has been mentioned by analysts on several occasions.
Did Bill leave in time? Perhaps. Ford has seen moderate success with the mustang and the focus, but the one time headliner pickup line’s sales have gone the opposite way of the gas prices. Hopefully, Mulally can see the future for Ford and make some moves that will get the company’s model’s moving in the right direction. A touch of innovation and outsider, “non-gearhead” blood might be just what the doctor ordered. Ford might be a stock to watch as well. It certainly isn’t a good buy right now with the current state of things, but in 6-12 months it might just start looking a little better.
[tags]ford, bill ford, alan mulally, mulally, ford motor, ford ceo[/tags]
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Mr. Bill Ford:
During the depression the first car I can rember is the Model A Ford
I believe you could build a ELECTRIC-WORK-CAR. Most folks don’t drive more than 20 miles each way and I know that we are able to make electric cars which will travel 150 miles plus. My suggestion is to build an ATV type
car, all electric for the work car at a price under ten thousand. It
will look similar to the ATV’s with a canvas top and snapon sides, yet
it is road worthy with tail and headlights and directionals. Speed on open road would be about 55 mph. I believe Mr. Ford said he would put a Ford in every garage. Golf carts charge overnight, so can this one; the thought is to get one in every home. Slow down on the gas powered and go to the work cars and setting new rules in the citys and highways. People must change their habits also; We have to become a gas-free work force. Leave the gas guzzlers for extended travel.