There is little question that Ford, under the leadership of CEO Alan Mulally, has perhaps never looked better in terms of product and financial stability.
With just a day until Bryce Hoffman's American Icon: Alan Mulally and the Fight to Save Ford Motor Company is released, more revelations from the book are hitting the headlines. Among the juiciest: Nissan-Renault chief Carlos Ghosn was offered the top job at Ford prior to Alan Mulally, but turned it down because he didn't want to work for then-CEO Bill Ford.
While the headline might seem shocking, given the circumstances of the 2009 global economic meltdown, it only makes sense. Ford's dealings with two of its biggest competitors were centered around mutual self-preservation in the form of trying to keep a beleaguered supplier base afloat, according to The Detroit News. According to the report, Ford, Toyota and Honda cooperated to buy from common suppliers in a bid to keep those parts-makers from going under, which would have threatened the automake