Who Is Ford Kidding
The head of Ford (F) says that a tough economic environment will not undermine that company’s turnaround. According to an interview with Bloomberg. “We put together a pretty robust transformation plan," said Alan Mulally.…
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The nice thing about the management at Toyota (TM) is that they tell their rivals ahead of time how badly they are going to crush them. The big Japanese car company says it will…
Ford’s Slow Go On Jag And Rover
Ford (F) management won’t say this, but it is in no rush to sell Jaguar or Range Rover until next year. Mahindra & Marhindra, the Indian car conglomerate,TPG Capital, Cerberus Capital Management, Ripplewood Holdings…
GM and Ford: A UAW Ultimatum
The UAW is being threatened by Ford (F) and GM (GM). Agree to cost cuts, or we move production overseas. The sight of the gallows focuses the mind.The UAW is being asked to gut…
Are The Big Three Breaking Ranks In UAW Talks?
For decades GM (GM), Ford (F), and Chrysler have essentially negotiated as a block. Not so this year, according to Bloomberg. Chrysler, now privately held and without a rich parent, is trying to get…
Ford Joins The Beggars Banquet
Helping the economy should be a "priority" for the Fed, according to the head of Ford (F), Alan Mullaly. He tells the FT that "economic and credit conditions were a “big headwind” to his…
Detroit On The Amazon
China used to be the next big thing for the Big Three. Now it is South America. GM (GM) is saying that it can grow it Latin America and African revenue by several billion…
Toyota (TM) Blows An Engine
Toyota (TM) is the hybrid company. The Prius is the hybrid car. The Japanese car company has used that reputation to build a hybrid business in the US that no domestic company can match.…
Ford (F): Profitable Again?
Ford’s (F) Alan Mulally told an industry conference that the company should be profitable again in 2009. At about the same moment, GM (GM) was saying the its was revising its 2007 production targets…
Tata Motors: A Longer-Term Threat to US Autos?
What would happen if the US auto industry had to compete against India in its neverending turf war? The long and hard truth is that for now the US market is probably safe as…
Ford Motor: Unable to Ditch the Ford Family
Ford Motor Co. (F-NYSE) was up 2% and then almost 4% pre-market on Bloomberg and Reuters reports that the founding family of Ford was considering a sale of part of their stake. The exact…
Ford And GM Notes From S&P: What The Market Already Knows
S&P auto analysts have made a big deal of their analysis that trouble in the US economy could hurt auto sales, and that this could undermine the turnaround that GM (GM) and Ford (F)…
Bill Ford: Worst CEO In History?
Shareholders came at Bill Ford, former CEO and now chairman of Ford (F), like a pack of rabid dogs during the company’s annual meeting. According to Reuters: Sam Joanette, a Ford shareholder who said…
Toyota’s Flat Tire
Toyota (TM) has a little bad news for once. In its last reported quarter. Operating profit fell 3%. The world’s largest (or second largest, depending on who is counting) car company is having to…
Memo To Chrysler: Build Better Cars
Chrysler, the US unit of DaimlerChrysler (DCX) is launching an ad campaign to position the brand as fuel-efficient and technically advanced. The company thinks that the Japanese get all of the positive buzz about…