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#52 of 101 Is He Making the Grade?
Apr 27, 2009 (4:43 am)
It looks as though Mulally is indeed turning Ford around. I'd give him a grade of 8 or 9 so far, especially considering what he inherited and the challenging market with which he's had to contend.
#53 of 101 I would have to give Mr Mulally...
Apr 27, 2009 (5:10 am)
a 9, at least. Their idea to sell off assets long ago and to borrow privately enough money to get them through without borrowing from U.S. taxpayers has been a sales pitch for Ford that their best salesman would never be able to match. Bravo, Mulally!
Let me up that to a 9.5 out of 10.
#54 of 101 Re: I would have to give Mr Mulally... [iluvmysephia1]
by steve_ HOST
Apr 27, 2009 (8:23 am)
The stock is up again today, so the market is liking what Ford is doing (today's bump, if it lasts, is more likely due to the UAW concessions with Chrysler - they should trickle over to Ford and GM).
It would be nice to see Ford actually start making some money again though.
Apr 27, 2009 (8:47 am)
of course it would be nice for Ford to start making money again. Ask gagrice, he owns some Ford stock.
#56 of 101 Re: steve.. [iluvmysephia1]
by steve_ HOST
Apr 27, 2009 (9:05 am)
It's funny how stock prices don't necessarily reflect what the balance sheet looks like though.
I hope Mulally has some stock options himself and cashes in too.
Apr 27, 2009 (9:14 am)
yeah, and it's also funny how oil prices don't always accurately reflect market conditions, Obama objectives, global warming fears, etc. The oil industry is basically, even though they tell us it's all very logical and well-meaning and all, run by greed. The sooner I hop off their gravy train of inequity the better.
#58 of 101 Re: steve... [iluvmysephia1]
by steve_ HOST
Apr 27, 2009 (10:00 am)
Gonna grab onto a "clean" coal car eh?
Of all the evils, drilling a hole in the ground is less damaging than a lot of the alternatives.
What would Alan do?
Or maybe the question is, is he still switching after making this comment last July?
"Mulally also said Ford will double its production of hybrid vehicles next year, becoming the second-largest provider of hybrids in North America after Toyota."
#59 of 101 Re: steve... [steve_]
Apr 27, 2009 (5:21 pm)
I agree he's done a good job. However, he faces some tough potential situations in the near future. Not just if the economy goes further south, or stays trapped where it is for a long time, but he's looking at a possible GM bankruptcy that may not go as smoothly as hoped (look at the Delphi Chapter 11 mess that still isn't resolved). That will probably cause big time vendor problems, shortages and cost pressures. If GM gets a big cost advantage out of a successful bankruptcy and Ford is doing better, they may not be able to get the same advantageous terms from their employees, vendors and dealers, hence they could wind up with higher production costs than a low cost, restructured GM. That could be a big longer term impediment. There is also the possibility of big time inflation due to all this government debt down the road. That is usually ugly for manufacturing. Personally, I think its good Ford has him right now and hope they can keep him around. If the industry rights itself, I hope Ford doesn't return to its fiefdoms and self serving managers and executives, that ugly history returning would probably get Mulally to bail quickly.
#60 of 101 Kinda gets ya ta wondering...
Apr 27, 2009 (6:17 pm)
how many self-serving Ford managers Mulally's already angered in this "drive" to come out of this money depression and slowed-down sales. He's the Man, and he has the authority to topple little Ford Kingdoms inside the Big Ford House if he sees the need. As I recall working at Boeing in Everett, WA, when Mulally was the CEO there, he was not one to shrink back from making the important decisions of any variety and generation, if they need to be done and benefit the Company in the end. I do think Mulally's sound as a pound.
#61 of 101 Well, I would say he is making the grade...
Apr 28, 2009 (8:33 pm)
did any of you see this story?
At 9:08 yesterday morning, a team of drivers managed to surpass the 1,000 mile mark in a production 2010 Ford Fusion Hybrid. An astounding feat considering that all of the miles were driven on only one tank of gas. But with 1/3 tank of fuel left, the team pushed on.
At 5:37 am this morning, they finally burned their last drop of gas. The team recorded 1,445.7 miles on a single tank of fuel and finished with an average fuel economy number of 81.5 miles per gallon.
81.5mpg?! Hypermiling or not, them are some good miles-per-gallon numbers, gentlemen!
http://www.allcarselectric.com/blog/1020291_fusion-hybrid-finally-runs-out-of-ga- - s-1445-7-miles-on-single-tank-81-5-mpg
Through gentle throttle usage and cautious driving, eh? I can do that.