Ford on the nose in a big way0
Paul Ritchie posted in News on April 24th, 2006
Thank goodness the saddle was kept warm during my absence.
Anyway, as I type, the news according to the Boston Herald is that Ford’s financial woes look like matching those of General Motors, but instead of maximising opportunities in China, Ford’s boss announced the company is going to focus on doing more of the same as what caused the financial crisis in the first place, with the exception of the shedding of 30,000 workers between now and 2012.
Smart money has removed itself from the influence of the board at Ford in a bid to multiply in volume elsewhere. Who can blame its owners? In a word, Mr Ford, DUH!
Did I mention GM? I’m sure I did. Eric Bryant at Autoblog is asking if a GM public relations rep offered NPR a bit of cash to say nice things about their employee buyout plan. Eric thinks this is noteworthy. I am of the opinion that public relations people did that sort of thing as a matter of course. As long as NPR says it’s sponsored by GM, there’s no subterfuge. And let’s face it, if people wanted GM vehicles in high enough numbers, there wouldn’t be a problem. It’s not like Fox News being in bed with the Republican Party now is it? There’s a massive difference between a vote and splashing out $30,000 on a new car.
Speaking of dollars, how, may one ask, can there be any justification for a difference in the price of gas of $0.35 a gallon? We’re talking regular here, none of this fancy stuff about which I was writing before I got scriptus interruptus and to which I shall return by this time tomorrow when I can find all my links again.
All I can say is those at the top end of the scale better have some damn fine chocolates in the shop if they’re charging that much for gas.