Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Lifestyle

Ford's Options


By now it's a familiar refrain. "Everything is on the table." That's what they are saying over and over again at Ford Motor Co. as chairman and CEO Bill Ford tries to impress shareholders, Wall Street, employees, the media, and even customers, that he knows how to make the struggling automaker competitive again.

In time for the September 14 board meeting, Ford's management team is supposed to have hatched out a plan that includes a company-wide buyout offer to pare headcount faster than the old selective buyout plan, the acceleration of a couple of key products, and an acceleration of plant closings. That's for the board meeting. Larger issues, such whether or not Ford should go private, sell Jaguar, Land Rover, and Aston Martin, shutter Lincoln Mercury, offer to take full control of Mazda, or sell a controlling stake in Ford Motor Credit are all bigger issues that will take longer than September to sort out, according to Ford executives.

To read the complete article, please visit The Car Connection.com


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus