The QiRanger Adventures

Ford

with 3 comments

I remember growing up calling the Ford Motor Company the maker of cars that you need to fix or repair daily. Now truth-be-told, I was never a Ford or Chevy man. In fact, I’ve never had any affinity for any maker of automobiles. What I do have an affinity for, is a manufacturer that can produce a solid product and back it up with long-term service. This is why I’ve purchases Honda and Toyota vehicles for nearly 20 years. American companies simply can’t compare in terms of quality or performance.

This is the greatest thing, besides a flawed business model, that has gotten the “Big Three” into trouble during the recession. The “model” that they tried to push on the American consumer was that you needed a new car every year or so. It used to be that one would purchase a car or truck and you’d drive it into the ground before buying a new one.  They the companies came out iwth Leasing, a way to have a new car every two years. They took this approach to making cars and trucks, hoping that consumers would buy new vehicles every two years.

They did.

Now that the economy is in shambles, no one is buying new cars and trucks. Duh! General Motors and Chrystler had their head in the ground and failed to see the proverbial writing on the wall these past few years, but I have to give Ford credit where it is certainly due. According to a recently released AP article, the company posted a $1.4 billion loss during the quarter.

Considering that General Motors and Chrystler both took Federal bailout funds and haven’t been able to do anything with them. Chrystler is working on a week deadline to save itself and GM only has another month. Unless something drastically changes, Ford will be the only automaker intact come June.

As a stakeholder in these companies I want them to succeed, since I and other Americans have forked over billions against our will. Unfortunately, nothing can be done to save these organizations and the money that was given to them will vanish into smoke.

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Written by Steve Miller

April 24, 2009 at 7:14 am

3 Responses

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  1. I’ve owned a Ford for the last six years and it has served me well. (Though I doubt it was built in the US…)

    John Lacey

    April 24, 2009 at 2:49 pm

    • True. I think that most of the Aussie Fords are a bit higher in quality than
      their American counterparts.

      Steve

      April 24, 2009 at 2:54 pm

  2. Hi, interesting post. I have been thinking about this issue,so thanks for sharing. I’ll definitely be subscribing to your site.


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