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post #1 of 32 (permalink) Old 12-02-2008, 10:41 AM Thread Starter
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Way to Go Ford!!

At least their trying...

Ford says CEO will work for $1 year to get loans


http://news.yahoo.com/s/ap/20081202/...meltdown_autos

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post #2 of 32 (permalink) Old 12-02-2008, 10:42 AM
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I wonder how much he has in his savings, lol.
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post #3 of 32 (permalink) Old 12-02-2008, 10:43 AM
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and 30 Million in bonuses... Google has already done this.

Let em fail...

"A government big enough to give you everything you want, is strong enough to take everything you have."
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post #4 of 32 (permalink) Old 12-02-2008, 10:44 AM
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alan mulally (sp?) is the only ceo that has really brought one of the big three from the precipice. its sad the only guy doing his job is taking the heat for the other two's fuck ups.
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post #5 of 32 (permalink) Old 12-02-2008, 10:45 AM
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Originally Posted by slow06
and 30 Million in bonuses... Google has already done this.

Let em fail...


cite your source for the bonus amount
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post #6 of 32 (permalink) Old 12-02-2008, 11:05 AM
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Quote:
Originally Posted by sc281_99-0135
cite your source for the bonus amount
Quote:
SAN FRANCISCO (MarketWatch) -- Ford Motor Co., in the middle of a wrenching restructuring that already has led to plant shutdowns and thousands of job cuts, said Friday that it will pay its new chief executive a $2 million base salary as well as an $18.5 million bonus.
Alan Mulally also will receive 4 million stock options priced at the grant date's current fair-market value of $8.28 along with 600,000 restricted stock units, according to the regulatory filing.
Of the $18.5 million up-front payment, $7.5 million is considered a hiring bonus while $11 million was given to offset performance and stock-option awards Mulally forfeited at Boeing Co., his former employer.
http://www.marketwatch.com/News/Stor...85%7D&keyword=

He receivede a $18,5Million sign on bonus two years ago. Oh poor is Alan.
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post #7 of 32 (permalink) Old 12-02-2008, 11:06 AM
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Quote:
Originally Posted by bjtheman1
At least their trying...

Ford says CEO will work for $1 year to get loans


http://news.yahoo.com/s/ap/20081202/...meltdown_autos
Big freaking deal, notice he didn't say he was going to give up his bonus. The exec's salary is not where there money is, most only get like $250,000 in sallary but they fucking kill on bonus's!

When he says he will give up his bonus and only take his salary then I will say he is trying!

All I hear is bla bla bla......
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post #8 of 32 (permalink) Old 12-02-2008, 11:08 AM
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This guy's just playing the political field. Smoke and mirrors.
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post #9 of 32 (permalink) Old 12-02-2008, 11:15 AM
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Quote:
Originally Posted by David
This guy's just playing the political field. Smoke and mirrors.
just another salesman
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post #10 of 32 (permalink) Old 12-02-2008, 11:23 AM
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He has done a lot of good things at Ford. The company needs him, he doesn't need the company.
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post #11 of 32 (permalink) Old 12-02-2008, 11:26 AM
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[QUOTE=TexasDevilDog][url]http://www.marketwatch.com/News/Story/Story.aspx?Ford to pay new CEO $2M salary, $18.5M bonus]QUOTE]



Last update: 4:49 p.m. EDT Sept. 8, 2006


and this has bearing on the current pay how?

http://www.bloomberg.com/apps/news?pid=20601087&sid=aiIsGmu53oDM&refer=home
he stated that if ford has to tap the credit line for any reason, that he will drop his pay to $1


cite a current source
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post #12 of 32 (permalink) Old 12-02-2008, 11:38 AM
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what the hell happened to the quotes and my link??
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post #13 of 32 (permalink) Old 12-02-2008, 12:11 PM
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Quote:
Originally Posted by AL P
He has done a lot of good things at Ford. The company needs him, he doesn't need the company.
No shit. Even if good examples are rarely set anymore, no one follows. Myself I like to see a rich fucker think of the good of the country occasionally.

Talk is cheap because supply exceeds demand!
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post #14 of 32 (permalink) Old 12-02-2008, 12:24 PM
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Ford is in a position to survive without the government's help beyond the piece of $25B loan for alternative fuel R&D

IMO, GM's best chance for survival is to cut out the additional brands...Pontiac, Buick, GMC (except the Top Kick line), Saab, and some of Cadillac...redistribute those stateside factory workers so job loss is minimal

The BEST solution for all of them may be Chp 11 bankruptcy and reorganization (including nullifying the UAW contracts) to lower production costs.

Chrysler can fail for all I care...they were bailed out in the 80s and obviously did not learn their leason then...

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post #15 of 32 (permalink) Old 12-02-2008, 04:02 PM
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Quote:
Originally Posted by sc281_99-0135

and this has bearing on the current pay how?

http://www.bloomberg.com/apps/news?p...oDM&refer=home
he stated that if ford has to tap the credit line for any reason, that he will drop his pay to $1


cite a current source
And where is your "current source" for his bonus, if you did not like my link to his bonus amount, as you request. I did not provide that information for his salary. Try reading critically.
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post #16 of 32 (permalink) Old 12-02-2008, 04:10 PM
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Originally Posted by TexasDevilDog
And where is your "current source" for his bonus, if you did not like my link to his bonus amount, as you request. I did not provide that information for his salary. Try reading critically.


the burden of proof is on you.

i said he would work for a buck. i posted my source


you stated he would get a fat bonus

POST YOUR PROOF
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post #17 of 32 (permalink) Old 12-02-2008, 04:18 PM
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Quote:
Originally Posted by AL P
He has done a lot of good things at Ford. The company needs him, he doesn't need the company.
You're right. Mulally is changing the entire way Ford does business internally. He's also retooling the manufacturing plants so he can bring several "Euro" models to the US. Ford theory is that they will build superior cars to get out of this jam and I think they are doing just that. The new Taurus looks like it is going to be a winner. The Fiesta is already a home run in Europe, as is the Euro Focus. The Kuga may be a perfect replacement for the Escape. The new engine line up can't get to production fast enough. The Mustang's engine lineup is a bit of a dud but I think they'll have that fixed for the 2011 model year.

Ford appears to want GM to get the loans more than it wants loans for itself. They've admitted that if GM fails, they'll be hit really hard. Hell, even Toyota admits that...

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post #18 of 32 (permalink) Old 12-02-2008, 04:20 PM
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LOL at people in this thread.

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post #19 of 32 (permalink) Old 12-02-2008, 04:49 PM
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Quote:
Originally Posted by Sgt Beavis
Ford appears to want GM to get the loans more than it wants loans for itself. They've admitted that if GM fails, they'll be hit really hard. Hell, even Toyota admits that...
Why would Ford, Toyota, etc. be hit hard? (I am just curious)

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post #20 of 32 (permalink) Old 12-02-2008, 05:49 PM
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Why would Ford, Toyota, etc. be hit hard? (I am just curious)
Because they use many of the same parts manufacturers. If GM goes under, so do those part manufacturers, which affects the other automobile manufacturers.

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post #21 of 32 (permalink) Old 12-02-2008, 10:54 PM
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Quote:
Originally Posted by sc281_99-0135
the burden of proof is on you.

i said he would work for a buck. i posted my source


you stated he would get a fat bonus

POST YOUR PROOF
Do you really think he is going to work for $1? Come on...

"A government big enough to give you everything you want, is strong enough to take everything you have."
-Gerald Ford/Thomas Jefferson

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post #22 of 32 (permalink) Old 12-02-2008, 11:10 PM
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why didn't ford decide to build cheap gas economy cars a long long time ago? morons!!!!

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post #23 of 32 (permalink) Old 12-02-2008, 11:36 PM
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Because the average american consumer wanted a huge gas guzzling SUV right up until the time gas headed to $4/gallon. They built what there was demand for.


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post #24 of 32 (permalink) Old 12-02-2008, 11:39 PM
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Quote:
Originally Posted by scootro
why didn't ford decide to build cheap gas economy cars a long long time ago? morons!!!!
Then we could be DFWFocus.net

Talk is cheap because supply exceeds demand!
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post #25 of 32 (permalink) Old 12-03-2008, 12:11 AM
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lee iaccoca (sp?) did the same thing in the early 80s late 70s when chrysler was on the verge and he brought them back. i say way to step up alan. If he really believes in what he's doing then let take the $1 salary and when FMC turns a profit then he gets the bonuses. So what.

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post #26 of 32 (permalink) Old 12-03-2008, 12:12 AM
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Quote:
Originally Posted by scootro
why didn't ford decide to build cheap gas economy cars a long long time ago? morons!!!!

cause you weren't buying them!!! moron...

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post #27 of 32 (permalink) Old 12-03-2008, 12:18 AM
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Quote:
Originally Posted by Sgt Beavis
You're right. Mulally is changing the entire way Ford does business internally. He's also retooling the manufacturing plants so he can bring several "Euro" models to the US. Ford theory is that they will build superior cars to get out of this jam and I think they are doing just that. The new Taurus looks like it is going to be a winner. The Fiesta is already a home run in Europe, as is the Euro Focus. The Kuga may be a perfect replacement for the Escape. The new engine line up can't get to production fast enough. The Mustang's engine lineup is a bit of a dud but I think they'll have that fixed for the 2011 model year.

Ford appears to want GM to get the loans more than it wants loans for itself. They've admitted that if GM fails, they'll be hit really hard. Hell, even Toyota admits that...
The problem with all that is that the European car market is completely different from the US. The Escape was the highest (or one of of) selling small suvs. To rebadge it makes no sense. the euro focus is considered a world beater but to bring it to the US would mean we pay 20 something + for a compact. The US buing public won't take that. Ford and GM both build great cars here and abroad but the car market in the states is terrible for everyone... Ford only had a 30% decline in sales compared to last year, where as Toyota had a 35% drop. Due to the fact that GM, Ford and Chrysler rely so much on the NA market they are hurting the most.

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post #28 of 32 (permalink) Old 12-03-2008, 12:37 AM
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Quote:
Originally Posted by torinoman460
cause you weren't buying them!!! moron...
i'd never buy a brand new car when i can get the same model with a few extra miles cheaper...

my business requires me to own a pickup (construction!) and owning a mustang is just a hobby for me

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post #29 of 32 (permalink) Old 12-03-2008, 01:40 AM
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Quote:
Originally Posted by sc281_99-0135
the burden of proof is on you.

i said he would work for a buck. i posted my source


you stated he would get a fat bonus

POST YOUR PROOF
You want him to post a current source of something that hasn't happened yet...amazing...and you're still going to argue your point.
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post #30 of 32 (permalink) Old 12-03-2008, 04:05 AM
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Quote:
Originally Posted by sc281_99-0135
the burden of proof is on you.

i said he would work for a buck. i posted my source


you stated he would get a fat bonus

POST YOUR PROOF
Look above, why is it so difficult for you to understand that he got a $18.5 Million sign on bonus two years ago. Actually I did not state that he would get a fat bonus, you did not read that from my post.

Last edited by TexasDevilDog; 12-03-2008 at 08:37 AM.
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post #31 of 32 (permalink) Old 12-03-2008, 06:33 AM
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Quote:
Originally Posted by torinoman460
The problem with all that is that the European car market is completely different from the US. The Escape was the highest (or one of of) selling small suvs. To rebadge it makes no sense. the euro focus is considered a world beater but to bring it to the US would mean we pay 20 something + for a compact. The US buing public won't take that. Ford and GM both build great cars here and abroad but the car market in the states is terrible for everyone... Ford only had a 30% decline in sales compared to last year, where as Toyota had a 35% drop. Due to the fact that GM, Ford and Chrysler rely so much on the NA market they are hurting the most.
The Euro Focus would cost 20 something IF it were built in Europe and shipped to the US. That isn't happening. It is going to be built at the Focus plants in the US. Secondly, this isn't an idea on my part, its happening. Ford is replacing the US Focus with it in 2011. One other thing, the Mazda 3 is built on the same platform but starts at much less than 20k.

I will say that Ford is going to try to market the Focus and Fiesta at higher prices than past cars BUT they are taking a different tactic with them. They are going to offer DAMN good looking cars with a lot of standard features and high quality materials. GM is planning to do the same with the Cruze.

Oh, and the US market has demonstrated that it will pay 30K for a small car. It's called the Mini and it basically sold out for the 2008 model year. That car is WAY over prices with huge profit margins.

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post #32 of 32 (permalink) Old 12-03-2008, 05:27 PM
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Quote:
Originally Posted by sc281_99-0135
the burden of proof is on you.

i said he would work for a buck. i posted my source


you stated he would get a fat bonus

POST YOUR PROOF
I said he would get a bonus, and I don't care enough to try to convince you of that. Time will prove my theory.

"A government big enough to give you everything you want, is strong enough to take everything you have."
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