Word: fording
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Dates: during 2000-2009
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...Ford, while not seeking federal aid, has announced plans to extend its holiday shutdown at 10 assembly plants next month. Lewis Booth, Ford's chief financial officer, declined to make predictions about industry-wide sales for 2009, but noted, "We're seeing weak sales in Western Europe and in Eastern Europe, where sales in Russia dropped." Russia's weakness prompted Ford to trim production at its new assembly plant near St. Petersburg. "We're even seeing weakness in South America, where sales were very strong right through September," he said. Ford, however, has enough cash to make it through...
...Bailing Out the Big Three I am unmoved by the plight of the Big Three automakers [Dec. 15]. For decades, Ford, General Motors and Chrysler fiercely opposed corporate restructuring and green technology while egregiously mismanaging their businesses. The only reason they've recently gotten religion is that they're teetering on the verge of bankruptcy. Mark Stuart Ellison, Brooklyn, New York...
...amazed that TIME's story made no mention of the Big Three's most obvious and most easily remedied failure: clueless marketing. Consider that GM, arguably the world's biggest car company, is worth far less today than Harley-Davidson, the world's fourth largest motorcycle maker. Dexter Ford, Manhattan Beach, California...
After my brother started working for a Ford dealership, my wife and I took advantage of the family plan and purchased a brand new 2004 Freestar minivan. Over the 2 1/2 years we owned the vehicle, we had to take it in to the dealer at least eight times for warranty work. The only thing worse than the quality of the vehicle was the quality of service I received. Not surprisingly, the dealership is now out of business. I wouldn't buy another Ford vehicle if the fate of mankind hung in the balance. Steve Devereaux, STATEN ISLAND...
...amazed that TIME's cover story made no mention of the Big Three's most obvious and most easily remedied failure: clueless marketing. Consider that GM, arguably the world's biggest car company, is worth far less today than Harley-Davidson, the world's fourth largest motorcycle maker. Dexter Ford MANHATTAN BEACH, CALIF...