Last post on Nov 02, 2012 at 9:41 AM
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Ford, Automotive News
#100 of 101 Re: Two more years? [Mr_Shiftright]
Nov 02, 2012 (9:00 am)
I think there was some of that "irrational exuberance" initially when Ford avoided BK. Truth is, I think they would have been better off restructuring because they had to leverage the hell out of themselves to avoid BK, keep too much fixed cost and then get shafted by hardline UAW as a return for it. But it did keep the Ford family firmly in control with a minority financial holding through their special class of stock shares. Don't want to be totally negative though, because a lot of the Mulally changes are going to help them out for a long time as long as the Ford family can keep personalities, internal politics and the like out of it after he retires. They can't afford to go back to the old management and leadership model they had before Mulally's leadership.
#101 of 101 Re: Two more years? [berri]
by Mr_Shiftright HOST
Nov 02, 2012 (9:41 am)
Without knowing all the ins and outs of what goes on at Ford behind closed doors, it seems to me, as a rank outsider, that Ford made a strategic error in trying to go into the software business. They really should have hired Silicon Valley to develop all their driver/car interfaces. Their systems haven't worked out too well.