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Cerberus Capital Management shot off a nine-page letter to investors outlining ways that Chrysler could sink, while also pointing out that they believe Chrysler's on the track for success. Some of the possible failure scenarios include a nasty recession, an extreme slowdown in the car market, or a ...
In an effort to assuage the fear of his employees over the current direction of Ford Motor Company, Bill Ford sent out a company-wide memo on Friday that details a three-point strategy for ushering the Blue Oval out of hard times. The Detroit News describes the strategy in a nutshell as 1) fixing ...
It's not really a new thing to most folks who work in a corporate setting. The higher up you go, the more meetings you sit in. At Ford, not anymore, says Chairman and CEO Bill Ford. A memo written to corporate officers and senior execs by Bill Ford that made its way to the Detroit News said ...