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2006-08-18 10:04:07 · 3 answers · asked by justanotheruser 5 in Business & Finance Corporations

3 answers

I honestly think that the futures of Ford and GM are going to be dependent on the new Union contracts that will be negotiated for next year.

Both companies seem to realize that they need to right-size for their current and projected market shares, and that they need to change the business plan to less reliance on trucks, and large SUV's to smaller more fuel conservative cars.

So the questions are, can they reduce their overhead to compete with the "foreign" competition and can they get more fuel efficient products that people want to market in time to make a difference?

2006-08-19 02:17:35 · answer #1 · answered by Cheryl M 2 · 0 0

Unlikely. Ford may get a lot smaller, because of their lack of foresight to see diminishing market share for large gas guzzling SUV's.

But they'll always have a decent share of the truck market.

My thoughts are if Ford is too diversified, trying to be everything to everyone, they will fail. If Ford goes after specialty markets (light trucks and streamlines their compact/mid size sedan lines), they will do fine.

2006-08-18 17:12:56 · answer #2 · answered by The ~Muffin~ Man 6 · 0 0

All American car manufacturers will if they don't stop making SUVs and gas guzzlers and make fuel efficient vehicles.

2006-08-18 17:11:21 · answer #3 · answered by ceprn 6 · 1 0

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