Fortune: Bill Ford's Move in China
Bill Ford of Ford Motors, co. announces that Ford will triple its output from China to
65,000 vehicles this year.
"So far Bill Ford's profits-over-market share plan has paid off in spades and given him some breathing room. With North America running more smoothly, Ford, Padilla, and the OCCE can focus on weaker parts of the Ford empire. Yet another new president has been installed at Ford of Europe, which, the joke goes, has had more bosses than the Vatican has had popes. Ford also needs to play catch-up in China. In June it announced plans to more than triple output there this year to 65,000 vehicles, but that is still only one-tenth of what GM will make."
65,000 vehicles this year.
"So far Bill Ford's profits-over-market share plan has paid off in spades and given him some breathing room. With North America running more smoothly, Ford, Padilla, and the OCCE can focus on weaker parts of the Ford empire. Yet another new president has been installed at Ford of Europe, which, the joke goes, has had more bosses than the Vatican has had popes. Ford also needs to play catch-up in China. In June it announced plans to more than triple output there this year to 65,000 vehicles, but that is still only one-tenth of what GM will make."
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