GasBuddy News Article

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Bill Ford sees Sunnier Days after weathering '07 storms

Detnews.com -- By Alisa Priddle

Excerpts

Payoff is quality, fuel efficiency are known, he says

Royal Oak -- Ford Motor Co. Executive Chairman Bill Ford Jr. ...said the angst his family went through three years ago, and the company's decision not to follow GM and Chrysler in accepting a government bailout, are paying off today.

Continued product development, Bill Ford said, helped the company weather dark days.

When Alan Mulally was brought in three years ago to steer the ship as Ford CEO, "I really believed we had the right plan," Bill Ford said.

The payoff, he said, is that consumers are recognizing Ford's quality and fuel efficiency.

Hybrids and electric vehicles "will become a core competency," he said.

With the Mercury line slated for extinction, Ford is concentrated on its Ford and Lincoln

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Submitted Aug 22, 2010 By: UncleCurt

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FordF2502001 Champion Author Mississippi Posts:5,685 Points:1,155,695 Joined:Sep 2008	Message Posted: Apr 25, 2011 12:17:28 AM Ignore FordF2502001 Report Abuse Bill rocks!
1006 All-Star Author Birmingham Posts:930 Points:1,029,315 Joined:Apr 2008	Message Posted: Aug 26, 2010 7:41:37 AM Ignore 1006 Report Abuse what's Bill got to do with this . .besides pull the dividends?
min_fuel Champion Author Philadelphia Posts:1,498 Points:572,320 Joined:Jan 2008	Message Posted: Aug 25, 2010 2:09:45 AM Ignore min_fuel Report Abuse ford has a good Business model ==> focus on the (new) core competency
jedintheshed Champion Author Colorado Springs Posts:1,587 Points:477,640 Joined:Nov 2008	Message Posted: Aug 24, 2010 12:16:12 PM Ignore jedintheshed Report Abuse Go FORD!!!
1006 All-Star Author Birmingham Posts:930 Points:1,029,315 Joined:Apr 2008	Message Posted: Aug 24, 2010 7:38:20 AM Ignore 1006 Report Abuse never liked fords, never will.
honda0105 Champion Author Tallahassee Posts:15,272 Points:1,143,275 Joined:Nov 2008	Message Posted: Aug 23, 2010 7:41:34 PM Ignore honda0105 Report Abuse it shows that when greed is not the first, but maybe "only" the second, third or even fourth reason for making money with a company, then the fiscal policies will be better than if greed is #1.
honda0105 Champion Author Tallahassee Posts:15,272 Points:1,143,275 Joined:Nov 2008	Message Posted: Aug 23, 2010 7:40:27 PM Ignore honda0105 Report Abuse Was it rejection of the bailout or was it simply, they weren't so badly driven into the dirt that they couldn't get out using a 4x4?
Vette1967 Champion Author Albany Posts:3,659 Points:816,925 Joined:Jun 2009	Message Posted: Aug 23, 2010 1:33:31 AM Ignore Vette1967 Report Abuse I still wonder what the real reason was that Ford stopped short of getting one of those bailout loans. Whatever it was, their rejection turned out to be one of the most successful sales pitches in American history. If nothing else...it was a brilliant move.
us4usa Champion Author Missouri Posts:3,826 Points:681,300 Joined:May 2008	Message Posted: Aug 23, 2010 1:30:08 AM Ignore us4usa Report Abuse We are trading GM trucks in for FORDs...
traindude Champion Author Virginia Beach Posts:5,615 Points:1,245,500 Joined:Jun 2007	Message Posted: Aug 23, 2010 1:29:33 AM Ignore traindude Report Abuse all without a bailout
ORHusky Veteran Author Oregon Posts:274 Points:801,630 Joined:Jun 2006	Message Posted: Aug 23, 2010 1:22:35 AM Ignore ORHusky Report Abuse Go Ford!!
Buddy2264 Champion Author Tampa Posts:9,263 Points:1,894,515 Joined:Oct 2005	Message Posted: Aug 23, 2010 1:14:33 AM Ignore Buddy2264 Report Abuse When family is still involved it makes for a better company. Conservation keeps your money in your pocket.
CobraLeader Champion Author New Jersey Posts:267,902 Points:1,200,750 Joined:Apr 2007	Message Posted: Aug 23, 2010 1:09:49 AM Ignore CobraLeader Report Abuse Thrills!
LoneGuy Champion Author Lansing Posts:6,153 Points:1,857,755 Joined:Aug 2005	Message Posted: Aug 23, 2010 1:08:39 AM Ignore LoneGuy Report Abuse If Ford had not mortgaged their company to the bankers before the mortgage bubble burst they would not be sitting so pretty. Luck was on their side. When GM got around to borrow money to get through the tough times there were not banks willing to lend and they had to go to the government as the place of last resort.
tedjm1 Champion Author New York Posts:3,545 Points:390,660 Joined:Dec 2006	Message Posted: Aug 23, 2010 1:07:01 AM Ignore tedjm1 Report Abuse They must improve their quality to beat the overseas companies like Honda & Toyota.
bbreff Champion Author Atlanta Posts:7,652 Points:2,130,040 Joined:Jun 2005	Message Posted: Aug 23, 2010 1:06:41 AM Ignore bbreff Report Abuse OK - This time Ford had a better idea -- NO FEDERAL BAILOUT.
uptherefiners Champion Author Chicago Posts:3,323 Points:684,095 Joined:Jun 2006	Message Posted: Aug 23, 2010 1:03:39 AM Ignore uptherefiners Report Abuse HEY CHRYSLER, CAN YOU HEAR THIS WITH YOUR HEADS UP YOUR BUTTS?? PAY ATTENTION
danreino Champion Author Twin Cities Posts:6,282 Points:1,144,245 Joined:Mar 2008	Message Posted: Aug 23, 2010 12:57:42 AM Ignore danreino Report Abuse *If I had money, tell ya what I'd do; I'd go downtown buy me a Ford Fusion or two*
FuelOilOH Champion Author Cleveland Posts:2,338 Points:947,155 Joined:Oct 2007	Message Posted: Aug 23, 2010 12:56:14 AM Ignore FuelOilOH Report Abuse Ford makes a pretty good vehicle for the money. Mulally has the company on the right track.
signwiz Champion Author Indiana Posts:1,395 Points:1,350,680 Joined:Feb 2006	Message Posted: Aug 23, 2010 12:47:47 AM Ignore signwiz Report Abuse The Strong will survive.
kcboy Champion Author Utah Posts:2,427 Points:1,191,205 Joined:Jun 2005	Message Posted: Aug 23, 2010 12:47:29 AM Ignore kcboy Report Abuse Lead the way Ford.
SeerLV Champion Author Las Vegas Posts:3,930 Points:807,825 Joined:Jun 2008	Message Posted: Aug 23, 2010 12:44:14 AM Ignore SeerLV Report Abuse Glad Ford is still solvent.
opecsucks76 Champion Author Milwaukee Posts:2,716 Points:713,825 Joined:Jan 2009	Message Posted: Aug 23, 2010 12:43:41 AM Ignore opecsucks76 Report Abuse Ford keep up the good work.
JettaKnight Champion Author Toronto Posts:1,355 Points:1,713,410 Joined:Nov 2005	Message Posted: Aug 23, 2010 12:41:39 AM Ignore JettaKnight Report Abuse warlord1 Georgia "I am glad that at least one automaker didn't want a bailout" Obviously you've forgotten that Ford went to D.C. as-well-as GM & Chrysler. ALL of them flew there in their CORPORATE jets looking for handouts. They were ALL publicly shamed for travelling to D.C. in such a blatantly frivolous manner and that that behaviour meant that NONE of them was taking it seriously. After that public disgrace, ALL THREE came back... without their corporate jets. FORD was STILL there... until they found out that there were NO handouts, but offers of CONDITIONAL LOANS... their books HAD to be made available to their potential lenders for analysis and approval (amongst numerous other financially responsible restrictions). Upon hearing the conditions, FORD removed themselves from the "negotiations"... PROVING that they didn't NEED handouts (nor loans), but that it wasn't beneath them to ask for freebees anyway.
goodbuy Champion Author Michigan Posts:5,514 Points:993,010 Joined:May 2005	Message Posted: Aug 23, 2010 12:40:31 AM Ignore goodbuy Report Abuse Ford had quality?
DrCashFlow Champion Author Massachusetts Posts:4,780 Points:1,170,380 Joined:Jun 2008	Message Posted: Aug 23, 2010 12:40:27 AM Ignore DrCashFlow Report Abuse hiring the right man led the company to determine the right plan.
schatzila Champion Author Los Angeles Posts:2,708 Points:574,000 Joined:Jun 2010	Message Posted: Aug 23, 2010 12:38:35 AM Ignore schatzila Report Abuse Found On Road Dead ? The Bev Hills Ford dealer with new and used lots has closed for quite some time now. Are the putting all their eggs in the Electric basket?
goodbuy Champion Author Michigan Posts:5,514 Points:993,010 Joined:May 2005	Message Posted: Aug 23, 2010 12:37:28 AM Ignore goodbuy Report Abuse Sad day when the Mercury Gran Marquis goes away.
MRED3 Champion Author Jacksonville Posts:3,626 Points:803,345 Joined:May 2009	Message Posted: Aug 23, 2010 12:37:07 AM Ignore MRED3 Report Abuse You said it judgemobile.
HEBster Champion Author Kentucky Posts:6,474 Points:1,916,565 Joined:May 2006	Message Posted: Aug 23, 2010 12:34:32 AM Ignore HEBster Report Abuse Still Likin' Ford...Big time!
judgemobile Champion Author Ohio Posts:5,255 Points:1,985,195 Joined:Nov 2005	Message Posted: Aug 23, 2010 12:33:57 AM Ignore judgemobile Report Abuse GO FORD, the only carmaker NOT owned by BHO and his gang of czars.
Sneakers55 Champion Author Houston Posts:43,388 Points:1,713,080 Joined:Nov 2005	Message Posted: Aug 23, 2010 12:28:04 AM Ignore Sneakers55 Report Abuse gasokie wrote: >Go Ford.....Buy American!!!!!!!!!!! Except for the Fusion... buy Mexican! Except for the Transit Connect... buy Turkish!
abcdMA Champion Author Worcester Posts:5,624 Points:1,115,325 Joined:Nov 2008	Message Posted: Aug 23, 2010 12:23:24 AM Ignore abcdMA Report Abuse Ford was smart to stay away from the governmental takeovers
fuelconscious Champion Author Los Angeles Posts:2,082 Points:538,870 Joined:Jan 2008	Message Posted: Aug 23, 2010 12:12:59 AM Ignore fuelconscious Report Abuse The majority of of foreign automakers have rec'd some sort of bailout in their lifetime, why are we americans so rugged individualists?
DEG Champion Author Las Vegas Posts:15,402 Points:3,055,455 Joined:Jul 2003	Message Posted: Aug 23, 2010 12:11:30 AM Ignore DEG Report Abuse I will not buy from GM nor Chrysler again. They stole from the taxpayer. They should have had to go through bankruptcy before receiving one red cent from the taxpayer. The UAW needs to be disbanded as anti-competitive.
mdskier Champion Author Maryland Posts:8,488 Points:1,500,275 Joined:Aug 2005	Message Posted: Aug 23, 2010 12:10:24 AM Ignore mdskier Report Abuse Looks like Ford quality has improved so we're no longer looking at Fix Or Repair Daily (F.O.R.D.)!
JuicyQ69 Veteran Author San Bernardino Posts:345 Points:744,225 Joined:Apr 2009	Message Posted: Aug 23, 2010 12:08:09 AM Ignore JuicyQ69 Report Abuse Henry would definitely be proud.
mmene Champion Author Houston Posts:4,347 Points:938,970 Joined:May 2008	Message Posted: Aug 23, 2010 12:06:28 AM Ignore mmene Report Abuse Bailout free cars. At least one US auto company we can all be proud of.
PetroPedro All-Star Author Florida Posts:753 Points:163,590 Joined:May 2007	Message Posted: Aug 22, 2010 11:53:37 PM Ignore PetroPedro Report Abuse Go FORD!!!!!!! I now own a FORD and I will never ever buy a GM ever again
Jarod13 Champion Author Virginia Posts:3,470 Points:1,050,505 Joined:Oct 2008	Message Posted: Aug 22, 2010 11:45:25 PM Ignore Jarod13 Report Abuse I now this doesn't have anything to do with oil or gas prices, but if Bill Ford and family, but if he had taken this same approach in overseeing operations of the Detroit Lions, then maybe they wouldn't be the laughingstock of the NFL. I truly believe that it's time for the Ford family to pass the torch onto someone elsea and let them bring the Lions back to prominance once again...it's been over forty years since they were a team to be reckoned with. Let's hope that "change" happen soons, otherwise, Lions fans will continue to disappear. With regards to the way Bill Ford and Family run the Ford Motor Company, kudos! [Edited by: Jarod13 at 8/22/2010 10:45:48 PM EST]
ss70 Champion Author Detroit Posts:6,930 Points:1,426,980 Joined:Sep 2005	Message Posted: Aug 22, 2010 11:44:21 PM Ignore ss70 Report Abuse they did good by getting CEO from outside of auto industry.
warlord1 Champion Author Georgia Posts:3,114 Points:605,025 Joined:May 2010	Message Posted: Aug 22, 2010 11:43:09 PM Ignore warlord1 Report Abuse I am glad that at least one automaker didn't want a bailout
Ernman Champion Author Orlando Posts:3,355 Points:941,860 Joined:Sep 2006	Message Posted: Aug 22, 2010 11:42:48 PM Ignore Ernman Report Abuse Good for Ford...I may just switch from GM cars back to Ford...
fullauto Champion Author Reading Posts:3,317 Points:1,068,525 Joined:Apr 2008	Message Posted: Aug 22, 2010 11:41:53 PM Ignore fullauto Report Abuse maybe ford will build 75 mpg mopeds to increase it's fleet mpg average too.
Foxychic Sophomore Author Miami Posts:204 Points:65,190 Joined:Jun 2010	Message Posted: Aug 22, 2010 11:39:13 PM Ignore Foxychic Report Abuse Whoopi for the Ford Co.
carefrey Champion Author Orlando Posts:3,357 Points:718,450 Joined:Sep 2009	Message Posted: Aug 22, 2010 11:33:28 PM Ignore carefrey Report Abuse Ford is getting it done!
gilfarm Champion Author Alabama Posts:4,621 Points:1,505,965 Joined:Sep 2005	Message Posted: Aug 22, 2010 11:29:30 PM Ignore gilfarm Report Abuse Go Ford. get her done!
zeddieiv Champion Author Columbia Posts:5,651 Points:1,490,920 Joined:Oct 2006	Message Posted: Aug 22, 2010 11:23:45 PM Ignore zeddieiv Report Abuse Go Ford!
NHLiveFree Champion Author New Hampshire Posts:7,217 Points:1,171,310 Joined:Jun 2008	Message Posted: Aug 22, 2010 11:23:01 PM Ignore NHLiveFree Report Abuse Now if they could shift all the Focus, Fiesta, and Mustang six-speed transmission production back to the USA, Ford would truly become a great USA corporation again. How about it Bill???
methaneman Champion Author Minnesota Posts:1,790 Points:1,094,085 Joined:May 2002	Message Posted: Aug 22, 2010 11:13:40 PM Ignore methaneman Report Abuse GO Ford! Show the competition what a quality vehicle should be!