ANTAUS Posted February 19, 2009 Share Posted February 19, 2009 LINK-Detroit News Quote Link to comment Share on other sites More sharing options...
jpd80 Posted February 19, 2009 Share Posted February 19, 2009 "We haven't changed our plan," he added. "It's broad enough and robust enough to handle all these changes. We're not coming back every couple of months with a new plan like everyone else is." This quote is priceless and sums Ford's whole strategy - get a good plan and stick to it. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted February 19, 2009 Share Posted February 19, 2009 This quote is priceless and sums Ford's whole strategy - get a good plan and stick to it. I agree. That is a good quote. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted February 19, 2009 Share Posted February 19, 2009 Just a hunch, but does anyone else think Ford may have a buyer for Volvo? Quote Link to comment Share on other sites More sharing options...
tommy8768 Posted February 19, 2009 Share Posted February 19, 2009 Good for Ford. Ive gained a lot of respect for them in the last few months for doing things the right way, unlike the two other automakers :slap: I just hope that after all their good moves that GM or Chrysler don't go under and take Ford down with them. Quote Link to comment Share on other sites More sharing options...
RangerM Posted February 19, 2009 Share Posted February 19, 2009 This quote is priceless and sums Ford's whole strategy - get a good plan and stick to it. That's (in part) what made the imports successful. I hope they can maintain the quality gains they've achieved in the process. If so, they could be approaching the dawn of something special. Quote Link to comment Share on other sites More sharing options...
J-150 Posted February 19, 2009 Share Posted February 19, 2009 Damn! Mulally has enormous brass balls! Quote Link to comment Share on other sites More sharing options...
dwford Posted February 19, 2009 Share Posted February 19, 2009 If Ford ends up needing cash because of GM and Chrysler's incompetence, Obama should GIVE Ford the money it needs, not loan it to them. Quote Link to comment Share on other sites More sharing options...
grbeck Posted February 19, 2009 Share Posted February 19, 2009 If Ford ends up needing cash because of GM and Chrysler's incompetence, Obama should GIVE Ford the money it needs, not loan it to them. If the concern is the effect that a collapse of GM and/or Chrysler will have on the supplier base (and, in turn, the effect that a supplier-base collapse would have on Ford, Toyota, Honda, etc.), wouldn't it be best to just give the money to suppliers to keep them afloat? Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted February 19, 2009 Share Posted February 19, 2009 If Ford ends up needing cash because of GM and Chrysler's incompetence, Obama should GIVE Ford the money it needs, not loan it to them. There is a story out today that Washington will push for GM/Chrysler partnership if they expect anymore government money. Sounds good for me. There is no market for three domestic auto companies anymore, and more money could be saved if GM and Chrysler merge. It would not be best case scenario for us in Metro Detroit, but GM could use a great minivan, Jeep, and a very good RWD platform, something Chrysler has. It really looks to me that a merger or partnership is incrasingly looking like GM's and Chrysler's only out of this mess. Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted February 19, 2009 Share Posted February 19, 2009 If the concern is the effect that a collapse of GM and/or Chrysler will have on the supplier base (and, in turn, the effect that a supplier-base collapse would have on Ford, Toyota, Honda, etc.), wouldn't it be best to just give the money to suppliers to keep them afloat? Auto suppliers have already asked for up to $25 billion in aid, and that was a formal application for loans. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted February 19, 2009 Share Posted February 19, 2009 There is a story out today that Washington will push for GM/Chrysler partnership if they expect anymore government money. Sounds good for me. There is no market for three domestic auto companies anymore, and more money could be saved if GM and Chrysler merge. It would not be best case scenario for us in Metro Detroit, but GM could use a great minivan, Jeep, and a very good RWD platform, something Chrysler has. It really looks to me that a merger or partnership is incrasingly looking like GM's and Chrysler's only out of this mess. How the heck do you merge them though? It would be a bigger mess than they would be as separate companies. They can't manage the brands they have now, imagine trying to combine them all together!! Quote Link to comment Share on other sites More sharing options...
grbeck Posted February 19, 2009 Share Posted February 19, 2009 There is a story out today that Washington will push for GM/Chrysler partnership if they expect anymore government money. Sounds good for me. There is no market for three domestic auto companies anymore, and more money could be saved if GM and Chrysler merge. It would not be best case scenario for us in Metro Detroit, but GM could use a great minivan, Jeep, and a very good RWD platform, something Chrysler has. It really looks to me that a merger or partnership is incrasingly looking like GM's and Chrysler's only out of this mess. Even if they merge, the merged company will still have to cut workers, dealers, brands and factories. Realistically, it would probably be better for the government to shut down most of Chrysler and GIVE GM Jeep and the minivans. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted February 19, 2009 Share Posted February 19, 2009 Even if they merge, the merged company will still have to cut workers, dealers, brands and factories. Realistically, it would probably be better for the government to shut down most of Chrysler and GIVE GM Jeep and the minivans. Hey now! What the heck has GM done to deserve to be handed Jeep and the minivans? Quote Link to comment Share on other sites More sharing options...
92merc Posted February 19, 2009 Share Posted February 19, 2009 Hey now! What the heck has GM done to deserve to be handed Jeep and the minivans? Who said it was a gift? Could be a punishment! Quote Link to comment Share on other sites More sharing options...
grbeck Posted February 19, 2009 Share Posted February 19, 2009 Hey now! What the heck has GM done to deserve to be handed Jeep and the minivans? Not much...but, at this point, who else wants them? And if we are going to restructure the these companies, we should just go all the way. It would be a blessing to both GM and Ford if Chrysler and Dodge passenger cars, SUVs and trucks were discontinued. Phase out those parts of Chrysler, give GM Jeep and the minivans (which could be rebadged as Chevys), and allow GM to kill Saturn and wind down Pontiac. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted February 19, 2009 Share Posted February 19, 2009 How the heck do you merge them though? It would be a bigger mess than they would be as separate companies. They can't manage the brands they have now, imagine trying to combine them all together!! But hey, GM's dropping 3-4 brands....they'll have room in the stable for Chryco's 3 more. :lol: Who said it was a gift? Could be a punishment! Yeah, isn't Jeep sorta bad luck anyways? It would be a blessing to both GM and Ford if Chrysler and Dodge passenger cars, SUVs and trucks were discontinued.....and allow GM to kill Saturn and wind down Pontiac. But then who would supply the rental companies? GM's already doing that second part. Quote Link to comment Share on other sites More sharing options...
mlhm5 Posted February 19, 2009 Share Posted February 19, 2009 If Ford is depending on consumer's shrinking wages for profitability here in the US, they had better think again. Consumer spending accounts for about 70% of this economy and the consumers have run out of money. After the housing bubble burst, consumers were back to where they were before the housing bubble, the inability to use a home refinance to make purchases. That's right, the house is no longer a piggy bank to buy new SUVs, pickups or to pay off record level credit card debt. On top of that, consumers are slashing their spending of their shrinking wages because they’re deep in debt. ...and Ford wants concessions from the unions? Quote Link to comment Share on other sites More sharing options...
Deanh Posted February 19, 2009 Share Posted February 19, 2009 If Ford is depending on consumer's shrinking wages for profitability here in the US, they had better think again. Consumer spending accounts for about 70% of this economy and the consumers have run out of money. After the housing bubble burst, consumers were back to where they were before the housing bubble, the inability to use a home refinance to make purchases. That's right, the house is no longer a piggy bank to buy new SUVs, pickups or to pay off record level credit card debt. On top of that, consumers are slashing their spending of their shrinking wages because they’re deep in debt. ...and Ford wants concessions from the unions? yep, tough times....not only this , poor Ford ...seems EVERYONE is buying Toyotas, hondas, Subies and Hyundais..... Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted February 19, 2009 Share Posted February 19, 2009 On top of that, consumers are slashing their spending of their shrinking wages because they’re deep in debt. Well, only one thing left to do: Quote Link to comment Share on other sites More sharing options...
Paul Selby Posted February 19, 2009 Share Posted February 19, 2009 Consumer spending accounts for about 70% of this economy and the consumers have run out of money. After the housing bubble burst, consumers were back to where they were before the housing bubble, the inability to use a home refinance to make purchases. That's right, the house is no longer a piggy bank to buy new SUVs, pickups or to pay off record level credit card debt. On top of that, consumers are slashing their spending of their shrinking wages because they’re deep in debt. Thanks for the update.........and this just in.......kiss goodbye your old black and white TV, color TV's will soon be available! Quote Link to comment Share on other sites More sharing options...
TomServo92 Posted February 19, 2009 Share Posted February 19, 2009 (edited) If Ford is depending on consumer's shrinking wages for profitability here in the US, they had better think again. Consumer spending accounts for about 70% of this economy and the consumers have run out of money. After the housing bubble burst, consumers were back to where they were before the housing bubble, the inability to use a home refinance to make purchases. That's right, the house is no longer a piggy bank to buy new SUVs, pickups or to pay off record level credit card debt. On top of that, consumers are slashing their spending of their shrinking wages because they’re deep in debt. ...and Ford wants concessions from the unions? and it will never, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever get ANY better. Or it will get worse. We all might as well roll over and die right now. You go first mlhm5. Edited February 20, 2009 by TomServo92 Quote Link to comment Share on other sites More sharing options...
Edstock Posted February 20, 2009 Share Posted February 20, 2009 Can I watch? Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted February 20, 2009 Share Posted February 20, 2009 Hey mlhm, you DO know that the sun is eventually going to burn out, right? Quote Link to comment Share on other sites More sharing options...
Mark B. Morrow Posted February 20, 2009 Share Posted February 20, 2009 Hey mlhm, you DO know that the sun is eventually going to burn out, right? Oh Great RJ, Now he won't shut up about that. Quote Link to comment Share on other sites More sharing options...
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