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Ford's CEO explains ambitious expansion plan
The Ford Motor Company was the only one of the big three auto makers that didn't take a government bailout in 2009. That decision proved wise, because they were able to bounce back on its own. The company's stock, which might be in your IRA or 401k, is up by about 780% since then.
Much of that success can be attributed to the fact that in 2006 the Ford founding family brought in a man named Alan Mulally, from Boeing, to run the company. Mulally, an engineer by training, took drastic steps. Ford has now been profitable for two years, and today it's unveiling a plan to increase sales by 50% in less than four years, mainly by growing in Asia and by selling more small cars than SUVs.
On American Morning this morning, Alan Mulally, CEO of Ford Motor Company, discussed the company's incredible turnaround and his bold plan for expansion.
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Caylee Anthony was reported missing to the Orange County Sheriff’s Office (Orlando, Florida, United States) on July 15, 2008,, by her grandmother, Cynthia (Cindy) Anthony. Caylee had lived in her grandparents’ home with her mother, Casey Anthony, until June 15, 2008. According to George Anthony, Caylee’s grandfather, Casey Anthony left the family’s home on June 16, 2008, taking Caylee, who was almost 3, with her. Cindy Anthony asked repeatedly during the month to see Caylee but Casey stated she was too busy with a work assignment in Tampa. At other times, she said Caylee was with a nanny at theme parks or the beach.
Casey Anthony was first arrested on July 16, 2008, and was charged the following day with giving false statements, neglect of a child, and obstruction of a criminal investigation. The judge denied bail, saying Casey had shown “woeful disregard for the welfare of her child.”
In mid-July 2008, Cindy and George Anthony received a notice that their daughter’s car was in a tow yard. George Anthony told an employee at the tow yard and later the police that when he picked up the car, the smell of the car had made him afraid that his daughter and granddaughter could be deceased in the trunk. When the trunk was opened it contained only a bag of trash.//.
Interesting that the Company who *doesn't* take the bail out is Profiting with a wider margin than those who did tatke the Governments or (our money) bailout. Opps , probably the (funny money) was used... but that's another story. Nice to see good old fashion hard work and brain power behind such a company.
Didn't Ford arrange their loans before the bailout? Thus they did in effect get a "bailout" .
Yep. Dependency procreates failure.
I have not bought an American
car since 1983. It was a Ford station wagon and cutely began to fall apart almost as soon as it got into my driveway. Maybe it didn't like the house.
Since then, I've had cars from Germany or Ja-
pan.
That Ford was my country's last chance with me.
@ACP, and then?
@Issotta: I once bought a used Audi. Fastest car I ever owned. Great German engineering. Problem-it was a lemon. I will bet you a dime to a donut that if you bought a Ford Taurus or Ford Fusion today, you would be content beyond words.
@ Joey, man you said a mouth full. LMAO. America needs to put some BITE on there products. No more pride and time spent building quality products. "lets just a a profit and screw the customer at the same time any way we can" That's the American motto of todays generation.
BTW @ Englebert , He was a mans MAN. Good name choice
@ Engelbert:
I know people who had problems with Audis, too. I never had one.
Mercedes makes great cars. Hondas run on rice and nothing ever goes wrong.
I've had friends who bought Jaguars: beautiful, don't run far.
Audis SUCK
...would roll in his grave if he knew Ford, just like GM and Chrysler, depend on military contracts to survive. (not counting bailouts)
I'll buy a new ford if they make a brand new 1972 Bronco Sport
Unbelievable the ignorance of some of the people who post on here. Today's Ford is a completely different company than it was in the past. If you took the time to read reviews, look at the quality and Safety statistics you may be surprised to learn where they now stand. Go test drive one, then talk.
Can CNN stop being a Scandal Station
Enough is enough on Weiner
@ C Davis: Thats the Honorable Anthony "Coctail" Weiner to you
my first car was a Ford and we own a Ford truck and a Taurus now. But I also have my `baby` a Datsun 260Z and my beloved has his Jeep. Will probably always buy Fords and was proud they didnt need a hand out.
Nice to see that Ford is doing well. Now if they would just bring the few hundred workers that they still have on layoff back to work.