What say thee?
14 replies (most recent on top)
IDK. The company continually makes poor decisions. Instead of continually improve products they cede the market to Toyota, Honda, etc
It seems the management team is ignoring customer preferences and needs, and then when the vehicles don’t sell they claim they must discontinue all products in a market segment as they are not selling ,,, sedans, minivans, compact trucks, gasoline engines.
PD has no mechanism to override poor management decisions so debacle after debacle occurs, Focus, Explorer etc.
So the No Police vehicle employees think they work at a liberal Silicon Valley company like google and the company will bend to their will. It’s a good bet that these employees DO work at the Ford buildings just next to Stanford, but the mother ship is in Dearborn not Palo Alto. You got a snow balls chance in .... your wish will be granted snowflakes.
U guys at FoMoCo had a good chance at bringing back a strong Taurus (it was all that in the 80s and 90s) but this latest one is a bit weird ... your Fusion is super nice but overlapped with Taurus. And then it seemed like u didn’t take care and upgrade your Fusion . Just neglected it. Kinda same with Mustang . Too much neglecting. Your trucks are strong but no longer one cycle ahead of everyone. Getting dangerous for u guys. And what was done with Explorer - no longer seems like Jeep Cherokee competitor. Also seems like u have many leaders with Hack and Billy - who really calls the ball? Alex Trotman was a good guy.
It’s not just the executive team that is torpedoing Ford. View from the supply base is that engineering and purchasing are key reasons why Ford is the last company to partner with on new technology. Amazing how Engineering thinks they are the center of the intellectual universe and Purchasing trips over themselves to drive costs down by outsourcing to Mexico and China. Worst part of this scenario is that they (and executive management) are blind to it. No volume car platforms and your strategy to continue to dilute the truck market adding Ranger and Bronco will seal you future. Let’s see how the push not to repay bonds on time goes......
I give Ford three-five years right now. Beyond that is a big question mark. We are still a one trick pony (F-Series) what are carline do we make money on? And if they do can they pay for itself? The new Broncos look promising but it will be interesting to see how the market accepts them? FCA is not going to just sit back they will counter. Plus other OEMS will dive in for their share of this market.
Then comes the debt! Reuther's published an article stating Ford requested to delay $5bn payment on bonds. and debt was down graded by Moody's. Not a good sign.
There is no vison, no plan and most of all No leadership. Our management ranks or bench is the worst I have seen it. We are going to have to go out and hire an outsider to bail the company out.
@2fta; Absolutely agree!!! Hackett & Company have destroyed this this once great company. The leadership is just a litter box filled to the brim with sh–...
Until the CEO and heir apparent and their entourage are released from Ford the prospects are dismal.
The CEO has destroyed FMC.
I am hoping "it's all good" :)
Ford does need money guys...have to sell PIs
Not looking real good, if your new employees want you to stop selling police vehicles. Time to wake your HR department up, and outside these complainers. Money is money, and a job is what pays you. Get rid of these to a foundry job. Ten years ago they would be gone already, at any major company. Musk would probably tell them to not let the door hit you in the as.
Hackett pulls a George Eastman. Leaves the same note : "To my friends: my work is done. Why wait?"
Plus - most of the Ford vehicles you see are management lease vehicles and A-planners.
Hard to sustain a business when your customer base is your employees.
Cannot continue selling $34 billion in vehicles per quarter at a cost of$36 to 41+ billion.