An interesting aside to the current trends of dispair and depression flowing through the market. Bloomberg just released an article showing a significant rise in Ford automotive quality. While the company has been struggling on the stock market, and who hasn't these days, management appears to be focusing on what is important and that is product. Ford's CEO Alan Mulally, formally from Boeing, has been righting the blue oval as of late. The key here ,I believe, has been his focus on changing the culture of Ford. He has removed the red tape and the name calling that symbolized American metal for so long and has focused on that key component, product. He is using Toyota's own play book to improve the way that Ford has been going about business emulating their success as much as possible. He has also shown independence in rather sternly rejecting an offer from GM to combine the two companies in this current economic downturn earlier this year. What will this mean for the future of Ford? While history suggests that at the turn of the century (millenia in this case) we would see significant closures I dont' believe Ford will join them.
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