Ford's rebound bolsters family

The foundin family SHOULD have a large percentage in voting rights, no matter how many shares they hold. Especially if the family remains active. Ford wouldn't exist if it weren't for that family. Typical of the hostile shareholders mentioned above to want to take that from them. 'damn we couldn't do it this year- let's just try every year and break them down eventually'

I agree that the family remains important, but this is business and a VERY important one at that for the American economy.

The fact is, thy were not making good business decisions. They brought in a top notch CEO thats been proven, and they are turning it around. With all the new models launching this year, profits for this year should be alot better. We bought our first American car last year(ford), and it has been nothing but great, quality has defintely improved.

jman wrote:

I agree that the family remains important, but this is business and a VERY important one at that for the American economy.
The fact is, thy were not making good business decisions. They brought in a top notch CEO thats been proven, and they are turning it around. With all the new models launching this year, profits for this year should be alot better. We bought our first American car last year(ford), and it has been nothing but great, quality has defintely improved.

How true business is busines. However,I think the Ford family unlike the Firestone family is not giving up the fight to maintain a viable business model as well as keeping jobs in the USA. Foriegn industrialist are always looking at ways at getting into the American market and its source of outlet distribution and sales. Firestone again comes to mind. Also,didn't Chrysler and a European auto maker just recently merge.

All that tells me is America has poor industrial leaders. How we long for the Jack Walshs' or Lee Iacokas'.

It seem this new leader of Ford just might be in that mold. His advertising shows they have come a long way in improving their quality they even say the quality has just equaled that of Toyota. That must of been hard to say and admit. Seems he did learn and applied the Japanese method of quality process improvements. Seems he also recognized that over producing beyond the demad is a mistake. He clearly said they will produce to their market share demand.

It sounds that R & D as well as quality will eventualy bring Ford back as a leader in the auto industry. Hope others will immulate Ford other wise known as benchmarking.