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How Ford avoided a bailout ?

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Old Mar 1, 2009 | 11:18 AM
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How Ford avoided a bailout ?

Interesting article.

Wheels.ca - How Ford dodged a bailout, so far - Canada's Most Trusted Auto Resource
 
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Old Mar 1, 2009 | 11:59 AM
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That is a pretty good read. Lots of different things it addresses too. I hope they can make it through these tough times, I sure would hate to have to find another favorite brand of a truck to buy!
 
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Old Mar 1, 2009 | 12:59 PM
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thats an awesome read. another reason to love my truck and vow to buy another!!! i particularly like this paragraph!!!

"So, in one of several moves to break from the Detroit pack, Ford this spring will roll out a marketing campaign that takes on its foreign rather than domestic competition, and emphasizes the firm's longevity, financial soundness, product quality and new-feature enhancements."
 
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Old Mar 1, 2009 | 01:03 PM
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This is great news Les, I hope this trend continues. Alan Mulally is doing what Bill Ford couldn`t.
Hopefully he does for Ford what Lee Iacocca did for chryco in the 80`s.
 
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Old Mar 1, 2009 | 04:51 PM
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Originally Posted by Fomoko1
This is great news Les, I hope this trend continues. Alan Mulally is doing what Bill Ford couldn`t.
Hopefully he does for Ford what Lee Iacocca did for chryco in the 80`s.
I think it demonstrates how important the man at the top is...his common sense, his philosophy and priorities....
 
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Old Mar 1, 2009 | 05:15 PM
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Well, it is good news that they avoided the bail out, but as you can see in the article, they arent in the clear yet. They still have huge losses.

Did you guys catch the part where it stated that ford has outsold toyota up here in canada? Now thats impressive!
 
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Old Mar 1, 2009 | 05:53 PM
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That is impressive, lets hope things continue to go fords way!
 
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Old Mar 4, 2009 | 09:00 PM
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Here is some trivia.
Lee Iacocca worked for Ford in the 70's. In 1972 he designed the mini van that he presented to Chrysler when he became CEO there. Ford rejected his idea of the mini van in 72.
So the mini van was first developed with Ford. Someone dropped the ball then.
 
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Old Mar 4, 2009 | 09:57 PM
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Thanks for that trivia Glen, I never knew that Ford rejected the idea of the mini van.
I think all the North American car manufacturers dropped the ball some what during the 80`s up into the late 90`s.
 
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Old Mar 5, 2009 | 08:57 AM
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Very interesting indeed. Definitely not from a mojor publication though. Wow, the spell checking and grammar were awful. Makes a guy wonder. About the content, I'm glad to see the boys in blue saw the problems with the way things were moving with the industry. Before all the economic downturn, Ford was streamling to be more viable. It was very well timed (read: lucky) but inspite of that, all three companies should have followed suit. Quite frankly, the were very focused on their 'US is the best' mindset and they were expecting to just muscle through as they had been. Very glad to see that somebody actually was thinking.
 
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