After a recent, routing meeting of the Ford family in New York, the relatives of Bill Ford Jr. expressed their utmost confidence in the current CEO of FoMoCo and his (second) strategy for turning the company around. According to the Detroit News, the Ford family still maintains control of the company through their ownership of Ford's Class B shares, which amount to a 40 percent stake in the company. The Ford family Christmas will be interesting this year if young William doesn't show up with some good product. Hopefully he arrives with a Fusion full of presents rather than an empty Explorer.


Share This Photo X