Word: forde
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...this point, none of the large global car companies have been able to avoid red ink. While the numbers may be worse as GM, Ford, and Chrysler. the viability of more stable firms with better balance sheets could be threatened if the depression in car sales stretches to the end of this year...
...boards of GM (GM) and Ford (F) have also been singled out because they willfully refused to prepare for the demand for fuel-efficient vehicles. Management at these companies went for the easy money by building large SUVs and pick-ups when fuel prices were low. That was hardly a good five-year plan as the results of the last several quarters have proven. (See pictures of the global financial crisis...
Several GM board members have served since the late 1990s, so they have seen enough of the history of the car industry to know that oil does not stay cheap forever. Two of the longer serving members on the Ford board are members of the founding family. They could hardly have missed the lessons of the early 1970s oil crisis...
...Ford Explorer is introduced. The best-selling SUV in the U.S. gets as little as 16 m.p.g. and ushers in an era of big cars...
...good time when I was working with good directors. When I was working with Adrian Lyne on 9 1/2 Weeks, I was fine with that. I was fine with Francis Ford Coppola when we did Rumble Fish. It would fall apart with me if I did material for a payday. When you got bills to pay, you've gotta take a part that I would call a piece of crap. Then you just don't like yourself. That was when I really started to self-destruct. Harley Davidson and the Marlboro Man--that started...