Blue Oval Guide Posted December 11, 2008 Share Posted December 11, 2008 Ford benefits from CEO's turn to road less traveled On this rainy, cold, miserable Tuesday in December, Alan Mulally sits in his office at Ford Motor's headquarters, beaming. With Ford's (F) sales down 19.5% this year, the economy showing no sign of recovery, and Congress and the White House working on loans to help the domestic auto industry survive, you'd think Mulally would have very little to smile about. But he's perfectly chipper, showing off a 1903 Indian head penny sent to him by a Ford dealer's son. For luck. "Isn't that great?" he says, peeling it out of its protective wrapper. "I'm going to keep that in my pocket." Compared with the other two domestic automakers, Ford looks like it's already been blessed. The automaker has $18.9 billion in cash and $10.7 billion in untapped credit, which Mulally says has his company positioned to survive the market falloff. CLICK HERE TO READ MORE. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted December 11, 2008 Share Posted December 11, 2008 Has anyone noticed that Mulally likes to use the phrase "laser focus" a lot? Quote Link to comment Share on other sites More sharing options...
goinbroke2 Posted December 11, 2008 Share Posted December 11, 2008 He didn't, Farley said he had it. Quote Link to comment Share on other sites More sharing options...
428mach1 Posted December 11, 2008 Share Posted December 11, 2008 I like, Mulally, don't have allot of trust in him since he came from an Aviation back ground. I work in the Aviation Field and our companies love to go bankrupt, its like a fire sale, they loot the companies pension plans and hire unskilled labor to repair the aircraft that you fly on, but with said, I'd rather have a CEO thats laser focus than the idiot that took Ford Down this road -- I remember back in the early 80's when Ford once again was looking like the Detroit automaker with its stuff all in one sock but the wheels came off when Nassar took over and the elimination of the escort and tempo, and all the other best selling Fords, I believe at that time 5 of the ten best sellers were Fords -- The sad part of this situation is, do you really think anyone in the Detroit auto culture really believes in the change needed to turn around the industry. The culture of greed. The United Auto Workers and Ford Management need to come to terms, not just short term but a long term understanding that things cannot ever go back to the way of fat compensation for Management and unlimited benefits for workers. Hopefully Ford can survive this and avoid going bankrupt because its like the evil genie, once its out you will never go back to a trusting environment The Airline industry has no chance to ever be a trusting environment to work in because their is absolutely no trust between workers and management for good reasons. I want Ford to succeed and become the auto company that it always has wanted to be. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted December 11, 2008 Share Posted December 11, 2008 don't have allot of trust in him Must be an epidemic with this "allot" thing. :lol: Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted December 11, 2008 Share Posted December 11, 2008 I like, Mulally, don't have allot of trust in him since he came from an Aviation back ground. Big difference between running the commercial planes division of Boeing and running United Airlines. Quote Link to comment Share on other sites More sharing options...
BORG Posted December 11, 2008 Share Posted December 11, 2008 (edited) Ford is next decade's Toyota. I can't picture GM and Chrysler surviving this in a recognizable form. Edited December 11, 2008 by BORG Quote Link to comment Share on other sites More sharing options...
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