g48150 Posted November 2, 2006 Share Posted November 2, 2006 Link to the Death Watch I actually wouldn't mind putting my accounts in a new Ford Financial. They (Ford Credit) are actually one of the well run organizations in the State of Michigan, very well respected. The banking "industry" needs to be overhauled like the Auto Industry did back in 00's. Studebaker wasn't a bad car company, and they make a great financial partner! I wonder how many Edge's it would take to make up the profits from Ford Credit? Is it more than Oakville's capacity? Quote Link to comment Share on other sites More sharing options...
buyacargetachec Posted November 2, 2006 Share Posted November 2, 2006 Interesting article. It reminds me of Jack Welch's rule when he was turning around GE: sell off the products/divisions (especially the unprofitable ones that can't easily be turned around) that aren't number three or better in their respective markets. Applying this to the car-biz, maybe Ford shouldn't be in the luxury car business? Maybe Ford shouldn't be in the small car business? Ford's strengths really lie in financial services, pickups, and traditional V-8 powered coupes and sedans. Perhaps a tie-up with Nissan does make sense? Quote Link to comment Share on other sites More sharing options...
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