Bill Ford Steps down as CEO

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Probably a good thing....He's made some strides to float the sinking ship that is Ford, but he should not stay in power simply because of a name. Hopefully someone will take his place that can do what is needed so that Ford will live on.
 
Alan Mulally was in charge of the Boeing 777 project before he became president of the entire Boeing commercial airliner unit. If you've ever seen the documentary about the 777, you would recognize him. Appears very capable, very much a product guy. Should be interesting to see how well Ford responds to his leadership.



I give Bill Ford a lot of credit for his effort, if not results. To step out of a life of comfort and insulation, onto the CEO hotseat at Ford, took a lot of personal sacrifice. He gave it his best shot and came up a bit short.



 
Vote for me to become CEO ?????? :lol::p

 
Well, I respectfully disagree,

I think bill has been bad for Ford, (even though he is a very likable guy)

For one though I am not intereasted in buying a Toyota, it is still the best run car manufacture Bill would have done well to take some notes. Secondly even GM got a clue and straightend out their balance sheet instead of hiding under the covers. Now is the time to buy some Ford Stock while it is cheap!,, It will be worth something before long.. and of course they pay dividends.. which helps off set the cost if you hold onto it for a while.
 
Bold move, he went from being in charge, to questioning the guy in charge and playing more golf.
 
Said it before, I will say it again, somebody hook up a generator to old Henry's body and we could solve the energy crisis with all that spinning.
 
Bill is probably a better golfer than a CEO, anyway. Look at the 'progress' the company has made during his stewardship... lol
 
I don't think it's fair to lay the blame entirely on Bill Ford. The environment for American car makers is tough, uphill fighting.



Let's see what Mr. Mulally can do with it. His track record is excellent, but it was with one company in a different industry. I guardedly hopeful.
 
Rich Stern says:
I don't think it's fair to lay the blame entirely on Bill Ford. The environment for American car makers is tough, uphill fighting.



Oh, how is that?



Seems to me the average US family owns 2.x cars, and if asked most would honestly say that they would be willing to "buy American" if the "value" were there (where "value" is a function of "cost" and "quality").



So, the market seems great IF you can build a quality product at the right cost and market it properly. I don't see (m)any of the American car makers doing that, though. Or, maybe that's what you mean by the tough, uphill fight...the fight for quality without runaway costs.



TJR
 
Tom, if you know the history and politics of the automobile industry, you know that Japanese companies and American companies don't always compete on a level playing field, for a variety of reasons.



Japanese companies are far less beholden to non-management influence of their decision making process. The Japanese home market is far more protected than the U.S. market, and allows the Japanese to test and perfect product in the marketplace in the absence of equally footed competition.



That doesn't mean American companies can't compete, nor does it mean it's not their fault they aren't better positioned. However, it's just not as simple as applying talent and hard work to the equation.
 
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