Friday, January 26, 2007

Ford and its endless woes

Ford has been hobbling for sometime now. Last week Ford Motor Company posted the biggest loss in its 103-year history.

Here are some unanswered questions.
Will 2009 be really a heyday for Ford as Alan Mulally foresees? Will Ford be the next turnaround story? How long are the customers willing to wait for an exciting American design?

The stakes are high and the company has mortgaged all its assets. We have to remain and see if the turnaround plan, The Way Forward, is working. Chief executive Alan Mulally is the pioneer in auto industry by using the “smaller is better” thinking.
Let us wish that Ford comes out of this hornets' nest pretty soon.

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