Comments on: Why is Ford on such a roll?

By: Tax Dude

Tax Dude — Sat, 28 Nov 2009 15:48:47 +0000

Ford is operating like any other business, build a good product that meets a need and watch your bottom line. This isn’t rocket science, unless management is completely out of touch. With all this success ford has experienced I am sure their tax accountants are busy at work finding ways to minimize their tax problems.

http://www.edisonaccounting.com

By: Ron

Ron — Thu, 19 Nov 2009 13:59:31 +0000

John, you would be incorrect. Ford gladly participated in the cash for clunkers program. So they have benefited from some form of government handout. But they are being rewarded for their hard work on straightening out their own business.

By: John

John — Thu, 19 Nov 2009 13:06:46 +0000

Ford’s success has nothing whatsoever to do with someone being a republican or democrat, liberal or conservative. Ford has countless hard working production line workers, engineers, quality techs, managers and others who have done what it takes to make good vehicles such as the Fusion.

People need to realize that the entire world does not revolve around party politics. Obama, Bush, Reagan, Olberman, Hannity, and the rest have never lifted a finger to contribute to Ford’s successes or past failures.

By: Joel Dockery

Joel Dockery — Thu, 19 Nov 2009 12:20:35 +0000

“Yeah, and if it wasn’t for the government, the other two wouldn’t be running at all.”
Ah, yes, we don’t want Ford to have a monopoly, do we? So let’s give GM and Chrysler an unfair advantage so that they can continue to make crummy cars and “compete” with Ford. If you all had your way we wouldn’t have cars–we would still be protecting carriage manufacturers and the jobs that they produced.

By: mj

mj — Thu, 19 Nov 2009 12:18:40 +0000

Mulally will make plenty of money the old fashion way. Earn it thru profits and not handouts. Ford’s debt is huge and it won’t be easy but he has a plan and you can see it working. When the debt is paid down and the cash and stock come back, he will be rewarded. If Ford can avoid another Nasser it will be okay. Bring on the Polings and products.

By: cas

cas — Thu, 19 Nov 2009 12:12:48 +0000

Unlike Chrysler and GM, to this point Ford has been smart enough and competitive enough to give customers the products and quality they are willing to buy. Easy competition to GM and Chrysler but recently the UAW has refused to support Ford’s requests for equal consideration to GM and Chrysler for contract modifications assuring continued success. You have to believe as owners of competitors the don’t feel compelled to support their Ford “brothers and sisters”. They will unfortunately force Ford down to the unsuccessful level of GM and Chrysler. The UAW has always been a conflict of interest with American consumers and manufacturers and now with their own membership. Good news is there are new foreign competitors on the horizon. the problem is with the proposed open union vote changes they will not care to produce in the US.

By: Harold

Harold — Thu, 19 Nov 2009 12:11:20 +0000

GM and Chrysler still believe their commercials can convince you their cars don’t suck despite how badly they suck. I rented a Sebring convertible a year ago and won’t remotely consider a Chrysler based on that experience. What a turd on wheels that car was!

By: Ron

Ron — Thu, 19 Nov 2009 12:11:09 +0000

Good point Lori. So many companies cut from the bottom with some token cuts up top.

By: Oba Mao

Oba Mao — Thu, 19 Nov 2009 12:10:57 +0000

Juicius
I don’t know why you would use Bush as an example of Reaganomics. He and his administration started all the handouts the current administration has ramped up. He was not fiscally conservative, that is the inconvenient fact liberals can’t get over.

By: Lori

Lori — Thu, 19 Nov 2009 12:08:41 +0000

Why is it people have such short term memories? Bill Ford Jr. didn’t take his CEO salary for over three years in 2001-2004. THAT is one reason they had extra money to work with. Plus last year and this year, the current CEO cancelled all management bonuses and didn’t pay any merit increases to salaried employees. THAT is another reason they stayed solvent. It is possible for corporate America to react in such a way that, but not probable. So many other businesses don’t hold the top tier accountable, and instead lay off the worker bees, the folks actually doing the work. Even though Ford closed the plant in Atlanta (and other places) to make the bottom line work, at least it was felt all the way to the top, as it should be. I drive an old Toyota truck, but had a Ford Focus until it was repossessed after I was laid off last year. I miss it a little…