It can shrink, it can sell off parts, but a Yellow situation will never happen to Ford due to its size and cultural significance. I'm not going to debate whether it's right or wrong, but the government (regardless of the party in charge) will always step up to bail Ford out before it allows it to fail and disappear.
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The Glass House could be a tourist attraction as the world's largest tomb stone.
Oh lookey we just hired yet another exec, exclusively to lobby legislatures.
There will be no bailout. The Ford family will burn it to the ground before they ever relinquish their preferred stock.
RIP to the Ford.
I don’t believe that at all. Bill Ford and Jim Farley are running this company into the ground. The only hope is that the Ford family gets mad enough to demand action and then Billy would fire Farley. I don’t see much of a change in direction until those 2 id--ts are out of the picture. It’s a shame because Alan Mullally turned Ford around and had us headed in the right direction. However he didn’t remove enough of the old fools like Mark Fields and Jim Farley.
f o r d is already gone.
OP wake up.
@OP Ford may survive, but in order to be bailed out by the government the family preferred shares would have to go. And once that Ford family gravy train was removed so also would be the Ford family support.
Sadly the company has run its course.
“… Ford 'corporate' ends up nothing more than the glass house as a global headquarters…”
Seriously, why keep even that? They can sell off or re-purpose ALL their real estate holdings and have their management work remotely from Austin or San Francisco or Beijing or wherever.
I think you mean ford is to big to flail.
Too big to fail: Lehman. Look what happened.
OP, you have to remember who you're discussing this with. Most of us here have been laid off by Ford, or directly impacted by Ford layoffs. So a lot of the heated responses come from very personal experience.
As others have stated, there have been many huge corporations that were also too big to fail - that have failed. Ford could fail. Tesla could fail. Insert any company name here - and they could fail.
I do believe that Ford won't 'go away'. At least that's what I think right now. But US employees won't like what the future of Ford looks like.
I used to believe that Ford would never EVER offshore engineering. But here we are. And I genuinely believe that this is just the beginning. Executive leadership will like the way the balance sheets look once US salaries are replaced with low cost country (LCC) salaries. And I think it will be a feeding frenzy after that. Are there any departments that are truly 'safe' from being offshored to LCCs? I don't think so. Not any more.
I think that, on a long enough timeline, Ford 'corporate' ends up nothing more than the glass house as a global headquarters, housing only executive leadership who make all global decisions. All other 'corporate' activity having been offshored to LCCs. The top brass will view this as a victory.
Assembly plants are a big question mark for me. I believe that if Ford could skirt import tariffs, assembly would have been offshored years ago. Until then, Ford will begrudgingly keep some assemble in the US.
No, it is not.
Not so fast…Lehman went bankrupt 2008 founded in 1847. Ford can go to with the right conditions. Class b just to protect control. Not bankruptcy.
look up who has more market share globally than ford. it's painful. remember when ford had almost 25% market share in the US?
"This past quarter, Ford reclaimed the top spot among all automakers in terms of share by commanding 12.5 percent of the total U.S. market"
now they brag about half that
note: ford global mkt share is much less than 12.5%
i was at presentations where they would make fun of hyundai, and they have lapped us now globally.
To the original poster: You’re wrong. Keep dreaming.
the ford name has become irrelevent , and negative.
When companies stop caring about what their customers want and can afford to own they deserve nothing. This EV drivel is a bridge to nowhere. But the “experts” will say Muh Tesla, Muh Elon savior of the human race. That guy is so full of you know what it’s coming out of his ears. But here we are chasing white rabbits on the path towards lost market share. Fighting for a slice of 2% market share while big daddy Elon holds the lions share of it. Meanwhile, we abandoned or ba----dized the nameplates that made the company money with stupid tech choices that caused quality issues or the customer wasn’t willing to pay for. The chickens have come home to roost. In simple terms, fahk Farley, fahk Billy, fahk Doug. Bunch of losers every last one of them. FLV needs to sm--k some sense into them literally. He already warmed up his slapping hand on his wife. Company is a joke.
I grew up with Sears, it shrink down in size until it no longer became relevant. I worked at Sears and saw the beginning of the end, it wasn't on-line shopping that brought Sears to it's end. Sears leadership wanted to copy Walmart and be just like Walmart. SOUND FAMILIAR? At it's time, Sears was a higher end retailer, with professional salespeople knew the quality products. The Sears leadership started cutting the professional salespeople and replacing them with kids that could only stock shelves, with cheap quality products. They outsourced the Craftsman ( MADE IN USA) hand tools to China! The customers stopped shopping for tools immediately. Sears had cultural significance also, Sears was the Amazon back in the day, if you went to Sears chances are you would meet some you knew. Also, while working at Sears it wasn't uncommon for us to meet celebrities shopping for stuff.
That all came to an end with, we have to be like Walmart, Walmart, Walmart!! Now history is repeating it's self with, we have to be like Tesla, Tesla, Tesla!!!!!
We should get accustomed to hearing VW F-150 as it’s coming faster than we think.
I think the time of bailouts is past. Bailouts do not play will to the voters. Neither party is interested in any more corporate bailouts.
Ford is on its last leg.
Said the Studebaker CFO to the AMC CEO...
Taxpayers are not interested in bailing out the Ford family, or any of these companies that failed to innovate:
Sears
KMart
Kodak
Toys R us
Blockbuster
Polaroid
Montgomery Ward
Packard
Delorean
Borders
Xerox
Enron
Yellow
Its tax payers money .
There is no entitlement.
The government even if it can bailout it comes with many terms amd conditions and its only up to a point. They cant help billy boy and his family to dig himself out of the mess theu create all the time with their bad decision making.
The people dont have to pay for the f*** families bad decision makimg skills.