Migrane1

Received this in an e-mail today. I'm going to give it a try: Dropping Gas prices - This idea has good potential. THIS IS NOT THE 'DON'T BUY' GAS FOR ONE DAY, BUT IT WILL SHOW YOU HOW WE CAN GET GAS BACK DOWN TO $1.30 PER GALLON. This was sent by a retired Coca Cola executive. It came from one of his engineer buddies who retired from Halliburton. If you are tired of the gas prices going up AND they will continue to rise this summer, take time to read this please. Phillip Hollsworth offered this good idea. This makes MUCH MORE SENSE than the "don't buy gas on a certain day" campaign that was going around last April or May! It's worth your consideration. Join the resistance!!!! I hear we are going to hit close to $ 4.00 a gallon by next summer, and it might go higher!! Want gasoline prices to come down? We need to take some intelligent, united action. The oil companies just laughed at that because they knew we wouldn't continue to "hurt" ourselves by refusing to buy gas. It was more of an inconvenience to us than it was a problem for them. BUT, whoever thought of this idea has come up with a plan that can really work. Please read on and join with us! By now you're probably thinking gasoline priced at about $2.00 is super cheap. Me too! It is currently $3.19 for regular unleaded in my town. Now that the oil companies and the OPEC nations have conditioned us to think that the cost of a gallon of gas is CHEAP at $1.50 - $1.75, we need to take aggressive action to teach them that BUYERS control the marketplace..not sellers. With the price of gasoline going up more each day, we consumers need to take action. The only way we are going to see the price of gas come down is if we hit someone in the pocketbook by not purchasing their gas! And, we can do that WITHOUT hurting ourselves. How? Since we all rely on our cars, we can't just stop buying gas. But we CAN have an impact on gas prices if we all act together to force a price war. Here's the idea: For the rest of this year, DON'T purchase ANY gasoline from the two biggest companies (which now are one), EXXON and MOBIL. If they are not selling any gas, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit. But to have an impact, we need to reach literally millions of Exxon and Mobil gas buyers. It's really simple to do! Now, don't wimp out on me at this point...keep reading and I'll explain how simple it is to reach millions of people!! I am sending this note to 30 people. If each of us send it to at least ten more (30 x 10 = 300) ... and those 300 send it to at least ten more (300 x10 = 3,000)...and so on, by the time the message reaches the sixth group of people, we will have reached over THREE MILLION consumers. If those three million get excited and pass this on to ten friends each, then 30 million people will have been contacted! If it goes one level further, you guessed it..... THREE HUNDRED MILLION PEOPLE!!! Again, all you have to do is send this to 10 people. That's all! (If you don't understand how we can reach 300 million and all you have to do is send this to 10 people.... Well, let's face it, you just aren't a mathematician. But I am . so trust me on this one. How long would all that take? If each of us sends this e-mail out to ten more people within one day of receipt, all 300 MILLION people could conceivably be contacted within the next 8 days !!! I'll bet you didn't think you and I had that much potential, did you! Acting together we can make a difference. If this makes sense to you, please pass this message on. I suggest that we not buy from EXXON / MOBIL UNTIL THEY LOWER THEIR PRICES TO THE $2.00 RANGE AND KEEP THEM DOWN. THIS CAN REALLY WORK.

Perhaps she should learn how to spell her job title....might add just a bit of credibility.

http://www.detnews.com/apps/pbcs.dll/artic.../1148&imw=Y Although the article is GM specific, I believe that Gen banks will be a thing of the past.

Next phase?....Won't be for awhile....the boys have some small bonuses to spend...... Ford pays CEO Mulally $28 million in 2006 The Detroit News Ford Motor Co.'s new president and CEO Alan Mulally earned $28.2 million during his first three months on the job, the auto maker reported today. That was Mulally's total 2006 compensation, according to the proxy statement Ford filed this morning with the Securities and Exchange Commission. The former aviation executive started Sept. 1 as CEO of the automaker, which lost $12.7 billion in 2006. "The pay plan is very aggressive," said Dan Moynihan, an executive pay expert with Compensation Resources Inc. in New Jersey. "Is it egregious? Probably not. Is it big? Yes." Mulally's pay included $666,667 in base salary, a $7.5 million hiring bonus and another $11 million to offset stock options and other compensation he forfeited when he left his previous employer, Boeing Co. He also received $920,404 in Ford stock and $7.8 million worth of stock options. Another $334,433 in 'other' compensation includes items such as life insurance premiums toward a policy worth 1.5 times the CEO's annual salary, tax reimbursements and company contributions to his 401(k) plan. Mulally's personal use of Ford aircraft, including his wife, family and guests, was worth $172,974, and Ford spent $55,469 for his relocation and temporary housing costs. The company also reimbursed him $21,878 to pay Mulally's personal taxes on such items. Mulally was the highest-paid Ford executive last year. Ford's compensation committee, made up of three outside board members, noted in the proxy statement: "We understood that significant compensation was needed to entice Mr. Mulally, a career Boeing executive, to leave the security of his former employer in order to work for a company in the midst of a turnaround plan." Chairman Bill Ford Jr., great-grandson of auto titan Henry Ford received no compensation for 2006. He volunteered in May 2005 to forego any pay until the company turns a profit. The proxy reflects the expense to Ford Motor related to $10 million in stock and stock options previously awarded to the chairman. Mark Fields, Ford's president of the Americas, earned a base salary of $1.25 million but no cash bonus. He was given $298,907 in Ford stock and $268,401 worth of options. Including incentive pay, pension and perks, Fields' compensation package was worth $5.57 million in 2006. More than $500,000 of that was for Fields' use of company airplanes to commute to his Florida home; after some controversy he ended the practice in recent months and instead Ford will pay for his first-class seats on commercial flights. Mark Schultz, former president of the auto maker's international operations, earned a package worth $2.68 million. He is retired as of April 1. Donat Leclair, Ford's chief financial officer, was paid $4.4 million. Lewis Booth, president of Ford Europe and the Premier Automotive Group, had total compensation of $4.27 million for the year. Retired president and COO James Padilla was paid nearly $8.7 million in 2006. His package included $750,133 in salary, $2.7 million in stock and more than $4 million in options; $262,500 incentive pay, $391,788 in pension value and $467,945 in 'other' compensation. That category included $296,040 in consulting fees, $7,560 toward insurance premiums and $16,764 in tax reimbursement. Padilla's perks, which also are available to other senior executives, ranged from use of corporate aircraft, car and driver service, use of company cell phones, phone cards, cars, sporting event tickets and club memberships. They were valued at $147,581 for 2006, Ford said. Padilla stopped using the aircraft as of his July 1 retirement. Serving the shareholders The potential value of some of Mulally stock options is tied to Ford's performance on Wall Street. The automaker's shares are trading today at $7.94; down from a 52-week high of $9.48. The CEO can cash in 250,000 shares when Ford's common stock price stays above $15 for 30 consecutive days; the same amount of shares is tied to target prices of $20, $25 and $30. Ford's shares haven't touched the $15 mark since August 2004. The stock's 10-year high is $36.65, set on May 3, 1999. Another 3 million of Mulally's shares vests over three years, as do 600,000 restricted shares, but they are not tied to stock price or other performance measures. The company said in the proxy, which is distributed to investors, that it "believed these awards align Mr. Mulally's interests with your interests as shareholders and provide appropriate incentives to work toward achieving stock price appreciation." Compensation expert Moynihan said the overall structure of Mulally's package should have been tied more closely to results rather than the CEO's tenure with the auto maker. "He got $20 million just to walk in the door," Moynihan said. "He has 3 million options that are time based. Assuming he stays around for three years, he has all those options. Then they put 1 million options tied to stock performance. If it were me, I would have flip-flopped the two option plans and tied the 3 million options to shareholder return. At the end of the day, he already got $18.5 million just by showing up. How much more do you need to reward him for his time?" Mulally's parachute Mulally gets nothing if he quits the auto maker without "good reason." If he's fired or if there is a change in control at Ford, he'll get a severance package worth $27.5 million, including salary, cash bonus and accelerated stock and options.

Ford's Michigan Truck Plant Approves UAW Cost-Cutting Pact Dow Jones 02/16/07 by John D. Stoll -------------------------------------------------------------------------------- DETROIT (Dow Jones)--Ford Motor Co. (F) said Thursday that unionized workers at its Michigan Truck Plant approved a critical agreement that is expected to lead to millions of dollars in cost savings thanks to changed work rules and the outsourcing of some jobs that typically are performed by United Auto Workers. Workers at the plant, which employs 2,600-plus blue-collar workers, voted in a plan that will have them working four days a week and 10 hours a day. The agreement - which is the latest in a series of plant-by-plant "Competitive Operating Agreements," or COAs - allows Ford to outsource some jobs to non-UAW workers and authorizes certain changes in work rules. Ford began negotiating COAs in 2006 as part of its wider "Way Forward" restructuring agenda. The UAW says the COAs, which were forged at several plants last year, saved Ford $750 million in 2006. In a phone interview Thursday, Ford's North American manufacturing chief, Joe Hinrichs, applauded the move. "We're going to keep working with the UAW to what it takes to make these plants competitive," he said. The executive insisted that "you never stop until you're No.1" and said that reaching an optimal cost structure is like chasing a moving target. Ford spokeswoman Anne Marie Gattari confirmed that a majority of votes cast on the issue at Michigan Truck were in favor of the agreement. Hinrichs also said that an additional COA has been agreed upon at another plant in North America, but he declined to name the plant. That plant's workforce will eventually vote on the agreement. Workers at Wayne, Mich.-based Michigan Truck, which builds large SUVs, are currently working on one shift due to sluggish demand for its products. Like many of the nation's auto workers, the plant's employees may be facing wage and benefit cuts that are said to be necessary to help Detroit's Big Three compete more effectively with Asian auto makers. Ford, along with General Motors Corp. (GM) and DaimlerChrysler AG (DCX), is set to negotiate a new master contract later this year. Ford's COAs are seen as an additional measure of cooperation between the UAW and the auto maker. Ford lost $12.7 billion in 2006 and it is working to lower its North American labor costs in addition to other restructuring measures. It expects to return to profitability by 2009.

Jan. 9 (Bloomberg) -- Ford Motor Co., the second-largest U.S. automaker, said it's investing $866 million at six Michigan factories to help boost its vehicles' fuel efficiency. The upgrades ``are a very critical component of our `Way Forward' program,'' Americas chief Mark Fields said today at a ceremony at a transmission plant in Livonia, Michigan, one of the facilities getting the spending. ``Ford hasn't invested heavily at the plant level over the past several years,'' Dennis Virag, president of Automotive Consulting Group in Ann Arbor, Michigan, said before the announcement. ``This is almost a required investment to keep pace with the competition.'' Ford wants to improve its fleet's fuel economy after U.S. gasoline prices surged past $3 a gallon in 2006. The Dearborn, Michigan-company also is preparing the next version of its F- 150, which accounts for 60 percent of sales of F-Series trucks, the industry's top-selling vehicle line. The automaker will spend $88 million at Livonia for tooling to boost production of a more fuel efficient 6-speed transmission for the 2009 F-150; $130 million at a Wayne, Michigan, plant that produces the Focus small car; $320 million at a Van Dyke, Michigan, transmission plant; and $209 million at a Dearborn, Michigan, plant that produces the F-150. Ford also is spending a combined $120 million at two Michigan metal-stamping plants. The company applied for state incentives valued at $151 million over 20 years, saying its plans would preserve 13,000 jobs. Shares of Ford rose 1 cent to $7.74 at 12:03 p.m. in New York Stock Exchange composite trading.

Hey....you give us back our plant manager! Ken is a great guy. At least ya didn't send Gorneau back. Thanks. Regards, Wayne Stamping & Assembly

Nope, I'm at Wayne and we didn't get any new work - press load is too full now. I heard that most of the Maumee jobs are Woodhaven bound..........

You forgot to mention the Dragway..............

So not true...........Local 900 has a seniority agreement between Wayne ISA plant, Wayne Assembly plant and Michigan truck plant (approximately 6000 employees). It goes as follows "Employees with fifteen (15) or more years seniority will be allowed to displace employees with less than fifteen (15) years seniority. Employees with ten (10) or more years seniority (but less than fifteen (15) years), will be allowed to displace employees with less than ten (10) years seniority. Employees with six (6) or more years seniority (but less than ten (10) years), will be allowed to displace employees with less than six (6) years seniority." So there ya have it....appears 15+ is the magic number where you cannot be displaced. This has been in our contract for years now, so don't think it can't happen elsewhere.............

I've got 24 but not sure I'll get to 30 years at Wayne. Probably finish out my last few at MTP if we close here.

I highly doubt that we will make the '08 Focus for only one year.....sharp car, might do well. 2012 will give me my thirty.....if we close before that, I'll have to go to MTP for a few years I guess.....

Ford Michigan, Ontario Plants May Shut, Forecast Says (Update4) By Bill Koenig Sept. 14 (Bloomberg) -- Ford Motor Co., scheduled to give details tomorrow on plans to speed up job cuts and plant closings in North America, may shut factories in Michigan and Ontario as part of the revamping, a consulting firm said. Ford's Michigan Truck plant near Detroit, which produces large sport-utility vehicles, and a facility in St. Thomas, Ontario, that makes the Crown Victoria sedan are more likely to be closed than other vehicle-assembly sites, according to Global Insight Inc. Global Insight's forecast is based on information from Ford suppliers and not the automaker, analyst Catherine Madden said today in an interview. ``They need to eliminate facilities,'' she said. Products made at the Michigan and Ontario plants may either be discontinued or moved to other factories, she said. Directors of Dearborn, Michigan-based Ford may have discussed shutting factories at a meeting today to consider a third restructuring in five years. Ford will give details of its plan tomorrow at 7 a.m. New York time. The company's forecasts project global automotive losses may double to more than $8 billion in 2006, four people familiar with the figures have said. Chief Executive Officer Alan Mulally, hired earlier this month from Boeing Co., is scheduled to lead a presentation tomorrow at 9 a.m. Americas chief Mark Fields and Chief Financial Officer Don Leclair also plan to be part of the briefing. Original Plans Ford said in January that it would trim 30,000 hourly jobs and close 14 North American plants by 2012, then said in July it planned to accelerate the cuts. The 14 plants include seven vehicle-assembly sites, and five have been identified so far. Ford is the second-biggest U.S. automaker. Ford spokesman Tom Hoyt declined to comment on the Global Insight report. Spokesman Oscar Suris has declined to comment on the company's internal profit forecasts. The company's shares fell 12 cents to $9.07 at 2:20 p.m. in New York Stock Exchange composite trading. They have gained 18 percent this year. The Michigan Truck plant in Wayne produces the Expedition and Navigator large SUVs. Sales of the Expedition have slid 37 percent this year while the Navigator has fallen 20 percent. Ford may consolidate that production at a Dearborn plant that makes the F-150 pickup truck, said Madden, who is based in Lexington, Massachusetts. Besides the Crown Victoria, the St. Thomas plant also makes the Grand Marquis sedan. Ford plans to reduce operations to one shift from two in the second quarter of 2007. Global Insight's forecast calls for the Crown Victoria and Grand Marquis to be discontinued after the 2010 model year, Madden said. Announced Closings Ford idled a St. Louis plant that produced SUVs in March. An Atlanta plant that assembles the Taurus sedan is scheduled to close later this year as that model is discontinued. A Wixom, Michigan, plant where the Lincoln Town Car is built is set to close in 2007. In 2008, Ford plants to close a Norfolk, Virginia, plant that makes the F-150 pickup truck and a St. Paul, Minnesota, factory that produces the Ranger small pickup truck. Ford has been seeking new work-rule agreements at its 42 North American plants. Such accords affect how management can deploy workers in factories and determine whether tasks are performed by employees or outside vendors. The company has secured such agreements at about half the factories, spokeswoman Anne Marie Gattari said in an interview this week. Ford is in discussions with unions at the remainder of the plants, she said. Ford's 7.45 percent note due in 2031 fell 1 cent to 78.75 cents on the dollar, yielding 9.73 percent, according to Trace, the NASD's bond-price reporting service. The debt closed at 80.5 cents, its highest level in 2006, on Sept. 12. The perceived risk of owning Ford bonds rose 4.8 percent today, according to traders who bet on the creditworthiness of companies in the credit-default swap market. Ford's five-year credit-default swap rose to $640,000, up from $610,000 yesterday, according to data compiled by Credit Suisse Group. The price is up 8.8 percent the past week. To contact the reporter of this story: Bill Koenig in Southfield, Michigan, at wkoenig@bloomberg.net Last Updated: September 14, 2006 14:22 EDT

There's a complete article on it in the Detroit News today.

Why would Wayne close? We have been on mandatory overtime just to keep up with production of the current model....and the 2008 is a great looking car (I think it will sell even better).........