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DRIVING: that's what it's ALL ABOUT! A blog and website for automotive driving enthusiasts, featuring news and opinion about manufacturers of interest, significant enthusiast cars, and driving them safely and well.
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< Thursday, April 12, 2007     Ford CEO: 4 months, $28.8M, careless mouth     Alan Mullaly: total compensation for 4 months on the job in 2006: $28.2 million dollars. Performance of Ford Motor Company in 2006: $12.7 Billion dollar loss. Current Ford marketing share: 9.8% (recovery plan specified 10% by now). Current loans: over $20 Billion dollars, backed up the corporate headquarters and factories as collateral. Unprecendented. Reference: The Detroit News: http://detnews.com/apps/pbcs.dll/article?AID=/20070405/UPDATE/704050440/1396  And in return Mullaly foolishly insulted the President of the United Stateswith an ill-considered and clumsy joke at the auto show last week. This is a President who has supported the (formerly) Big Three, despite repeated management goofs on their part and a serious impact to the national economy. Of course, "goofs" is not word enough to describe their mismanagement - which has has resulted in a loss of tens of thousands of jobs and billions of dollars. Mullaly isn't responsible for that loss - but all eyes are upon him as he attempts to repair Ford. And he can't afford another stupid speaking mistake that even an entry level manager wouldn't have made. Reference: The Detroit News: http://www.detnews.com/apps/pbcs.dll/article?AID=/20070411/AUTO01/704110406/1148 Tools & Links for DrivingEnthusiast.net post number # 2073   ] ">   View and add comments: Comments:   Trackback: Trackback Link and count:;[]   Permanent URL for this post: [Macro error: Can't evaluate the expression because the name "permalinkURL" hasn't been defined.]   See similar posts in these categories: [Macro error: Can't call the script because the name "itemCategories" hasn't been defined.]   Search Google for similar topics on the web: Google It!   RSS Feed for DrivingEnthusiast.net   About DrivingEnthusiast.net			Prior Blog Posts by Date April 2007 Sun Mon Tue Wed Thu Fri Sat 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30           Mar   May Use this calendar to navigate thru prior blog postings by date.
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