MustangWorks.com - The Ford Mustang Power Source!

Go Back   MustangWorks.com : Ford Forums > Website Community > Blue Oval Lounge
Register FAQ Members List Calendar Mark Forums Read

Notices


Reply
 
Thread Tools Rate Thread Display Modes
Old 11-01-2001, 10:46 PM   #1
93CobraR
Registered Member
 
Join Date: Oct 1999
Location: Cincinnati, Ohio
Posts: 1,575
Question Changes at Ford???

The Ford Motor Company will announce the departure of Jacques Nasser as the company’s CEO Tuesday morning according to numerous news reports, a firing that will send tremors throughout the automotive world, and could have ramifications for the racing business as well. Nasser will give up the position that he has held for nearly three years in favor of William Clay Ford Jr., who is the great-grandson of company founder Henry Ford. The ascension of Ford into the CEO position marks the first time in 20 years that a Ford family member has overseen the company. Ford has its tendrils in many different forms of auto racing and it remains to be seen how the new CEO, himself an avowed environmentalist, will affect any changes on the company’s racing outlook.
I got this information off of www.jayski.com and I'm wondering what all you guys think of this and what impact it's going to have on the new cars?

------------------
87 GT, Cobra R's,GT-40 heads,Crane 2031,1.7's, Edelbrock intake, long tubes,BBK cold air, Mass air,pulleys,Pro 5.0, King Cobra,Lakewood Lift Bars,50/50's,subframes, 4.10's.
Best time 12.759
Best MPH 106.79
Best 60' 1.695

Visit my site at:
http://www.geocities.com/cobrar93_2000/MyPage.html

93CobraR is offline   Reply With Quote
Old 11-02-2001, 02:20 AM   #2
69fastback
IRAQ VET
 
69fastback's Avatar
 
Join Date: Feb 2000
Location: high desert California
Posts: 1,480
Post

I don't know anything about the guy but if he is a big evironmentalist that doesn't sound good. I do think it is his right full postion though. Being ther great grandson and all.
69fastback is offline   Reply With Quote
Old 11-02-2001, 09:44 AM   #3
302 LX Eric
or '331 LX Eric'
 
302 LX Eric's Avatar
 
Join Date: Jan 1999
Location: Columbus, Ohio
Posts: 2,142
Post

There was an excellent article in the Wall Street Journal yesterday concerning the issues that face the new Ford family member.

Basically, the article sited many of the obvious (and not so obvious) issues that face Ford today:

- the Firestone dibacle, including settling the expensive lawsuits;
- age, race, and other discrimination suits from Ford's own employees;
- quality issues (the article wasn't very specific here);
- employee moral - from the factory worker on up the chain;
- and the big one, stock price which has tanked recently.

It will be interesting to see the direction that Ford takes...will the Mustang get more HP? Will the commitment to quality be re-newed?

E

------------------
1991 5.0 LX Coupe - 38,000 miles

13.17 @ 106.14 mph w/ 2.138 60'
302 LX Eric is offline   Reply With Quote
Old 11-02-2001, 09:20 PM   #4
Mach 1
Registered Member
 
Mach 1's Avatar
 
Join Date: May 1999
Location: Georgia
Posts: 3,866
Post

I heard something on the news about it. Sounds like Nasser was a moron anyway. They gave him a lot of chances, and the company lost stock price big time. Not good, when the family has control of 40% of the stock, so they just voted his *** out. The new guy (Fords great grandson?) supposedly doesnt have much experience in a lot of areas, but they think he can make it happen, so well find out.

I wouldnt read much into this, or waste time over analyzing it.

------------------
1993 GT/AOD
'93 Mustang GT
Mach 1 is offline   Reply With Quote
Reply


Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Safety Issue 64 - 70 Mustangs Mach1 Cobra Jet Classic Mustangs 20 07-11-2005 08:06 PM
Before buying a new Ford consider this. Lizard King Blue Oval Lounge 21 03-12-2005 03:24 PM
Carfax mustangLX92 Blue Oval Lounge 1 04-30-2003 12:20 AM
Biggest all Ford drag racing event in SOCAL navymailman Ford Show & Go 5 09-19-2002 12:24 AM
2001 Cobra Over Rated AGAIN!!!?!?!!! Wassup Ford? KillaZ350 Blue Oval Lounge 24 06-29-2001 05:24 PM


All times are GMT -5. The time now is 12:32 AM.


SEARCH