The automotive bailout may have prevented the “too big to fail” companies from imploding financially, but that doesn’t mean that their financials are on Easy Street. The Ford Motor Company did better than most automakers, but not without Executive Chairman Bill Ford imposing a five-year pay freeze upon himself beginning in 2005. The moratorium was Read on! →
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Detroit’s image has been taking a pounding for decades. Michael Moore’s 1989 documentary film “Roger and Me” was less than complimentary of then-GM chair Roger Smith, and the public image of the “Big 3” automakers (Ford, General Motors and Chrysler) certainly wasn’t helped by the automotive bailout. That image needs to be repaired if Detroit Read on! →
Electric cars have been around since the beginning of automobile history, but their lower speed, high battery cost, limited range between chargings, charging time and overall battery lifespan have limited their commercial appeal. However, as Ford Motor Company’s Executive Chairman Bill Ford suggested to the 2010 SAE World Congress, the market is changing fast. Mainstream Read on! →