Snippet: "It's interesting to think about the idea...
Could Ford step in here with an alliance with Renault and Nissan?" Hinchliffe said in a teleconference with investors Monday. "I wouldn't count it out. Ford could be a better partner."
For one thing, Ford has a mixed track record with cross-border deals, whereas GM's experience is by and large poor.
While Jaguar was a multibillion-dollar mistake, Ford has forged a successful partnership with Mazda Motor Co. of Japan, which now produces most of its car platforms. Its relationship with Volvo is happier than GM's relationship with Sweden's Saab.
Secondly, there are more cost-cutting chances at Ford, which lags a few steps behind GM in its North American restructuring.
Thirdly, Ford CEO Bill Ford sounds more willing to step back and let someone else run the show than GM Chairman and CEO Rick Wagoner.
For one thing, Ford has a mixed track record with cross-border deals, whereas GM's experience is by and large poor.
While Jaguar was a multibillion-dollar mistake, Ford has forged a successful partnership with Mazda Motor Co. of Japan, which now produces most of its car platforms. Its relationship with Volvo is happier than GM's relationship with Sweden's Saab.
Secondly, there are more cost-cutting chances at Ford, which lags a few steps behind GM in its North American restructuring.
Thirdly, Ford CEO Bill Ford sounds more willing to step back and let someone else run the show than GM Chairman and CEO Rick Wagoner.
ateixeira says:
07:38 AM, 07/11/06
I still don't see Ghosn knowing how to deal with the UAW and the inherently high fixed costs FoMoCo has.
mercedesman1 says:
01:59 PM, 07/11/06
I think that it would help Ford cuz they could really use it!!!