BILL FORD Jr. stepping down?

for the lazy people:


FRANKFURT (Reuters) - Ford Motor Co (F.N: Quote, Profile, Research) Chief Executive Bill Ford Jr is prepared to let someone else lead the carmaker his great-grandfather founded should the right manager be available, he said in a magazine interview.

"I'm always looking to bring talent into this company. If I can find somebody -- I thought Carlos (Ghosn) was an exceptionally talented executive who could help the company -- I'll go get him. That is regardless of the position," Ford told Newsweek in an interview posted on the magazine's website.

Asked if that applied to his own job as well, Ford replied: "Absolutely."

Ford was referring to past efforts to lure Ghosn, who is chief executive of alliance partners Renault (RENA.PA: Quote, Profile, Research) of France and Nissan Motor Co Ltd (7201.T: Quote, NEWS, Research) of Japan, to work for the number two U.S. carmaker, which is struggling to handle losses in North America.



Renault and Nissan are in talks with General Motors (GM.N: Quote, Profile, Research) now about joining forces in a three-way alliance. They have set a deadline of mid-October to decide whether to proceed.

Asked why he had approached Ghosn about forming an alliance with Ford, Bill Ford said: "I talk to Carlos all the time, but I'm not going to comment on that."

Media reports have said Ford called Ghosn to discuss an alliance should the GM talks fail.

Bill Ford said his top priority was guiding Ford back to profit in North America -- where high fuel prices have crimped demand for Ford's sport utility vehicles and light trucks -- and not to recruit a new CEO.

"I'm not looking to replace myself. I'm looking to make sure the company is stocked with talent. But look, right now I'm focused on getting the North American operations back on track. That's where my energy and time is going. That's my passion."

He said he would always be part of the company given family ties. The Ford family has 40 percent of the voting rights.
 
Thin out the small dealers and upper management. Walk through the plants and shit can the lazy fuckers.
 
When I heard that Ford wanted to put the Fusion 3 bar chrome grill on ALL its cars, I just about lost my lunch.
 
bill ford jr stepping down would be the best thing that could happen to ford! bring in some people from other sucessful automakers that actually know how to run a company and bring a quality image back to ford.. right now fords image is " yeah we build crap, but we have a good warranty and will give cars away near cost!" lol
 
i think it takes some balls to be willing to cede power. not too many guys are willing to step down from the top rung in order to help the company.
 
MxRacerCam said:
i think it takes some balls to be willing to cede power. not too many guys are willing to step down from the top rung in order to help the company.
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something has to be done soon. ford has lost around 1.5 billion dollars so far this year
 
number can be confusing.
Alot of times they call it a lose even if they did make money.
If they make 1.5 million less than what was projected they call it a lose even though they made say 50 million
 
True, but it's also a problem when they say they lost $1,000,000,000 (that's one billion) when they really lost twice that.
 
People don't understand, the decisions that are fucking FoMoCo to death weren't made by Bill Ford. They were made by people long before him, Mark Fields, Jim Padilla, etc, etc got in their offices...Bill Ford didn't decide to build nothing but SUV's. Bill Ford didn't sign the new deals after market share started to rise in the early 90's.

The guy sitting in the far corner office on floor 12 is academic when you're paying some skill-free chimp $70k a year for the next 25 years, + medical, dental, spouse. Likewise, neither Carlos Ghosn or anyone else can come in and say "HEY! RAW MATERIAL COSTS! SETTLE THE FUCK DOWN! I've had it with you skyrocketing steel!"...
 
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DBK said:
People don't understand, the decisions that are fucking FoMoCo to death weren't made by Bill Ford. They were made by people long before him, Mark Fields, Jim Padilla, etc, etc got in their offices...Bill Ford didn't decide to build nothing but SUV's. Bill Ford didn't sign the new deals after market share started to rise in the early 90's.

The guy sitting in the far corner office on floor 12 is academic when you're paying some skill-free chimp $70k a year for the next 25 years, + medical, dental, spouse. Likewise, neither Carlos Ghosn or anyone else can come in and say "HEY! RAW MATERIAL COSTS! SETTLE THE FUCK DOWN! I've had it with you skyrocketing steel!"...
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labor and raw material costs dont matter nearly as much when people are buying cars without $3,000 rebates. even though bill ford doesnt make all of the bad decisions he is the face of the company and ford has been doing terrible
 
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