| |
Ford To Get Help From Other Automakers?
By Chuck Smith
In Dearborn, Michigan, the Ford Motor Company is trying to get right back on its feet after suffering several blows to its finances. And it looks like the company that used to be one of the giants and movers in the auto industry is now considering the idea of forming alliances so as to help them regain what they lost.
According to sources, this auto manufacturer is looking at the situation and is considering if alliances would be helpful to the company. The company is even thinking of having other auto companies and manufacturers as their alliances. Perhaps this is because the company believes that the other car makers would be able to assist them pick up the pieces.
Though the company would continuously be producing Ford Country Sedan parts and other Ford parts, products, and vehicles for the market, Ford would be undergoing a restructuring. It would be William Clay Ford Jr., the chief executive for the company, who would be taking the lead in the whole restructuring process. And it seems like Ford has already been able to communicate with the chief person for the Nissan and Renault brands, Carlos Ghosn. However, what happened during the meeting was not announced to the public for Ford believes that the topic is quite sensitive on their part.
On the other hand, it seems like such a meeting between Ford and Ghosn had helped lift up the company's shares. In fact, investors may have found the act to be an intelligent move for the Ford Motor Company. The Ford shares have risen some 34 cents which is a good movement at that.
The alliance was not yet confirmed and put in paper. As per the talk between Ford and Ghosn, it seems like this was just Ford's way of checking which auto companies would best be included in the alliance that would help out the company. There are no reports at present regarding Ford having meetings and conversations with other heads of auto companies. One source even states, "There is outreach of all kinds – it's not just Ford talking to people, it's people talking to one another. You have to be prepared and game things out in a lot of ways."
About the Author
Chuck, a 38 year old freelance writer from Charleston, South Carolina, has been specializing on automotive-related articles and news. He has a degree in Automotive Technology.
Article Source: http://www.simplysearch4it.com/article/35313.html
| If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/35313.html" as shown above and make it hyperlinked. |
| Some other articles by Chuck Smith | Ford Taurus to Rise Again?
It sure looks like the Taurus will once again rise at Ford. This was after Ford CEO Mulally expressed his ...
Toyota Likely To Beat Ford In U.S.
Toyota Motor Corp. is expected to gain enough to take over Ford Motor Co. as the second largest automaker in the United States next to General Motors. According to some auto analysts, they saw large sales in ...
First Mosler MT900S Goes To George Lucas
Who ever thought that a man like George Lucas would be very much interested in vehicles that are just not so ordinary? Sure, this guy would not be up to buying the simplest ...
Ford Begins Super Duty Production at Kentucky Plant
Ford Motor Co. has finally started its production for its new F-Series Super Duty pickup truck. The new truck from the automaker is expected to secure the ...
Ford's Engines Belong to the 'World's Best'
Ford Motor Co. is retaining its good impression regarding its sophisticated engines. Lately, Ford's all-new 3.5-liter Duratec 35 V-6 engine was named by Ward's Auto World as one of "Ward's 10 Best Engines." ...
Ford Experts Wipe the Clouds Blurring AWD Technology
Ford Motor Company is now offering affordable all-wheel-drive (AWD) vehicles like Fusion and Mercury Milan. These vehicles will be offered to an extended Ford market ...
|
|
| |
