Since the previous thread I posted became a forum for attacking/defending foreign auto makers, I thought that some of you might still be interested in the business decisions that are being made right now at Ford Motor Co.
Former Treasury Secretary Robert Rubin has resigned from Ford's BOD due to a conflict of interest with his position on the Board at Citigroup.
THIS is probably a very good indication that Ford is prepared to make some major changes in an attempt to secure financing under favorable terms.
I think that a 21% cut in production is just the beginning....
http://www.foxnews.com/story/0,2933,210460,00.html