Law and Rights
Is Ford's Ship Sinking?
How do you cut costs? "Encourage" your employees to jump ship?
Massive restructuring of Ford has resulted in some 8,000 hourly employees jumping ship in January after taking Ford's buyout offer. With a net loss of $12.7 billion (that's with a "b") in 2006, and losing more of its share of the market to boot, you have to wonder who's in charge when Ford's president says everything "is going very smoothly." If this is smooth, what happens when they think they've hit a bump?
Ford's goal is to close 16 plants and axe 45,000 jobs in its massive triage effort to turn around the remnants of the "once upon a time" auto giant. We hope so. The US economy won't be helped by the influx of unemployed workers that the "big 3" have let go in the last six months. After all, the thought that we might all end up driving cars from China is more than a little bit frightening.
The China car market is a whole new ballgame but at least they have a Lemon Law --- it isn't as strong as US Lemon Laws, but it's a start!
Burdge Law Office
www.UsLemonLawyers.com
Helping Consumers, and Consumer Law Attorneys, Since 1978
-
Ford Escape Fire Danger Results In Recall
Ford Escape Recalled for Fire DangerFord's Escape utility vehicle has been hit with its third recall in two months. This time it was for a faulty part installation that could lead to a vehicle fire. A prior recall on the Ford Escape also involved...
-
Ford - The Last One To The Battery Car Party
Nissan has its Leaf about to come out. Chevrolet, its Volt on the test track and almost ready to roll. And then there's all those other companies, like Tesla, that have had electric cars out for months already, if not years. And then there's Ford,...
-
Ford Crown Victoria Tarnished And Gone
Once upon a time, it was the flagship of the Ford lineup, the Crown Victoria. Police departments just plain loved it because it was just plain big. Drop a big engine in it, bolt some lights on top, and that car could haul! But you won't find one...
-
Quality Is Job 1 At Ford Again
Years ago Ford's advertising slogan was Quality is Job 1. Well, maybe quality is coming back to Ford. But in an ironic twist, the best manufacturing plant in America, the one with the lowest defect rate, is the one Ford just shut down in Wixom, Michigan,...
-
The Hottest Car In Hong Kong
Recently we heard some rightfully deserved bragging by Buick that Buick's sales in China this year were higher than its US sales. China? Okay, so I wondered: what's the top selling car in China, anyway? And what's the hottest car selling in...
Law and Rights