Tomorrow morning, Ford
will update the details of its restructuring plan, called "Way Forward". It's obviously a time of change at Ford, and it'll be interesting to see what the Way Forward now means to the company. Ford unveiled the Way Forward plan in January and job cuts and plant closures were part of the deal. New Ford CEO Alan Mulally, along with CFO Don Leclair and Ford's President of The Americas Mark Fields will take part in tomorrow's announcement, which kicks off at 9 a.m. The rumors
today say that more layoffs are in the making. We'll see what this update brings.
And, just in case you're wondering where the green cars
angle is here, I think we should remember that Ford is losing money hand over fist while fuel-efficient imports are racing off showroom floors in America. I submit the following posts (some courtesy of our friends at AutoBlog) as evidence: