Chuck
05-30-2009, 10:05 PM
http://www.cleanmpg.com/photos/data/2/AmericanFlag.jpg ...worried that GM and/or Chrysler may take down part supplers they need (http://www.freep.com/article/20090528/BUSINESS01/90528090/1002)
http://www.cleanmpg.com/photos/data/501/Bill_Ford2.jpgTom Walsh - FREEP (http://www.freep.com) - May 28, 2009
If they tread water the next six or so months, it should get better for the Blue Oval --Ed.
With General Motors Corp. on the verge of a historic bankruptcy filing and suppliers Visteon and Metaldyne entering into Chapter 11, Ford Motor Co. Executive Chairman Bill Ford Jr. said today, “Our biggest worry as we look ahead is the health of the supply base, and we can’t unilaterally solve that.”
In an exclusive interview here, where he will speak about auto industry electrification Friday at a conference, Ford said, “Every day we’re in uncharted water.
“There is no playbook for where we are today and it’s interesting. It’s almost impossible to scenario plan this because there are so many variables.”
Ford said his company was not surprised by the bankruptcy of Visteon, Ford Motor’s former components unit that was spun off in 2000.... http://www.freep.com/article/20090528/BUSINESS01/90528090/1002
http://www.cleanmpg.com/photos/data/501/Bill_Ford2.jpgTom Walsh - FREEP (http://www.freep.com) - May 28, 2009
If they tread water the next six or so months, it should get better for the Blue Oval --Ed.
With General Motors Corp. on the verge of a historic bankruptcy filing and suppliers Visteon and Metaldyne entering into Chapter 11, Ford Motor Co. Executive Chairman Bill Ford Jr. said today, “Our biggest worry as we look ahead is the health of the supply base, and we can’t unilaterally solve that.”
In an exclusive interview here, where he will speak about auto industry electrification Friday at a conference, Ford said, “Every day we’re in uncharted water.
“There is no playbook for where we are today and it’s interesting. It’s almost impossible to scenario plan this because there are so many variables.”
Ford said his company was not surprised by the bankruptcy of Visteon, Ford Motor’s former components unit that was spun off in 2000.... http://www.freep.com/article/20090528/BUSINESS01/90528090/1002