Comments on: Week of November 2nd, 2009. What is going on in Detroit?

By: rmilvoix01

rmilvoix01 — Tue, 15 Dec 2009 14:30:26 +0000

Ford decided to reconstruct its company by no getting any kind of government aid. Instead ford decided to improve their vehicles by taking back old non fuel efficient vehicles and putting out fuel efficient vehicles. Ford also improved their technology on their cars and unfortunately cut back on jobs. The cash for clunkers program was a great idea to bring their sales back up.

By: wcammett01

wcammett01 — Fri, 11 Dec 2009 01:51:27 +0000

Ford is the greater company due to strategy, loyalty, and economice progression. Ford has changed their marketing plan by using new technology and thus creating more efficient vechicles. Also Ford does not have a deficit like GM does since they borrowed money from the government. Ford has the ability to grow more rapidly since customer loyalty seems to be greater. Thus Ford will grow beyond GM.

By: BlkSab4712

BlkSab4712 — Fri, 04 Dec 2009 03:03:51 +0000

Ford, although closing some plants and making some cuts, they did not opt for the government bailout. It will take GM a long time to pay back the money they recieved, and Ford can slowly pull out of the recession. Ford is clearly a better run company GM if they can manage themselves in hard times and not ask for more and more money from the government.

By: ddiamant01

ddiamant01 — Thu, 03 Dec 2009 21:12:06 +0000

The way Ford has be come successful of GM is that Ford has made cut back. They took back what was not selling, and introduced a new, and better product, with more realiable specs, and funcionalities than what GM had produced. Another reason why Ford hwo ford is doing better, they have increased there share by 29 cents making a profit of $997 million.

By: Default

Default — Thu, 03 Dec 2009 20:19:40 +0000

There are many differences between Fords bounce back and GM’s failure. Ford did the right things with their money management well GM just asked the government for more and more money. If your asking the government for money, how does that work for your public image? Both have cut jobs and pay. The biggest difference is GM is trying for government bail outs and help well Ford has done it on their own. The way that Ford handled the situation was much better for business and the public image of their company then the way that GM handled the situation.

By: rmorales02

rmorales02 — Thu, 03 Dec 2009 19:45:31 +0000

There are some key factors that differentiate Ford’s turnaround strategy from GM’s. To start off, Ford took control of things and decided to construct new up to date cars. They did not go and request a loan. This shows a very smart move in contrast from GM. The big difference now is that GM will have to repay the bank for the loan, where Ford gets to keep its profit and maintain a well manage company. These differences are of great value when distinguishing which company made a smarter move.

By: Fellowsm

Fellowsm — Thu, 03 Dec 2009 18:29:21 +0000

On a different note, Ford Motors Co. reported earnings on Monday along with some promising forecasts. As you read the press release, think about the actions Ford Motor Company has taken over the last year. What are the key factors that differentiate Ford’s turnaround strategy from GM’s?

Ford has done a few important things to help themselves in these times including, more efficient cars, and doing it without the help of government money. GM had to ask for loans from the government to stay afloat but even though they may be looking at large losses next year, Ford has been making enough money to do it on their own instead of the extra help. If consumers read this article they would feel much stronger about Ford as a company over GM because GM can’t stand on its own and Ford can. Fords cars have not changed much, they are still simplistic, they have just added featured to keep up with the times and the demand for them, such as navigation systems, luxurious interiors and sleek style bodies. People are more likely to buy from ford for the confidence they can have in them

By: That_Guy

That_Guy — Thu, 03 Dec 2009 18:22:38 +0000

There are a few key factor’s that differentiate Ford’s turnaround strategy from GM’s. One of these key factors was Ford’s ability to decline government aid boosted its image with many American consumers, and its market share increased in the third quarter. This quote can be found in the Wall Street Journal in an entry by Matthew Dolan and Jeff Bennet. Another factor was that the Ford Motors Company had also kept its production in check so that it could keep prices firm and reduce the need for hefty sales incentives, which pumped up its margins. As a result of better production they had a more extensive inventory when the governments “cash for clunkers” rebate deal came out cause a surge in sales, whereas GM had less inventory.

By: mijal86

mijal86 — Thu, 03 Dec 2009 15:54:41 +0000

What are the key factors that differentiate Ford’s turnaround strategy from GM’s?

The most important key factor that differentiated Ford’s turnaround strategy from GM’s is; laying off employees, turning out more efficient cars, and handeling business in a professional mannor. Where as GM asked the government to loan them money and promised to pay them back by 2012. Ford will most likely make the same amount of money or more by year 2011 and will be able to keep that money as profit where as GM will have to repay their loan and will have not much to show for all the profits they had made.

Also, by not asking for a loan from the government, it shows that the company is able to survive through hard times on it’s own, whether they need to make cut backs, lay off employees, or add more hours and less pay for the executive managers. This shows to the population of the US that they are most likely to make it through and to most likely buy thier cars, trucks, and SUVs.

By: obds

obds — Thu, 03 Dec 2009 15:48:38 +0000

The way Ford turned around their losses and they way GM turned around their losses are two different ways. Ford did not take any hand outs from the government. They made profit back on their own by statgeically have deal and sales on cars so that people will buy their product again. GM on the other hand took a hand out from the government which included billions of dollars to save theri company because they were so far in debt, that having deal and sales would not bring them back to that security level of making money. According to j-body “With regard to cost competitiveness, GM has made major strides toward achieving its global target of reducing automotive structural costs to benchmark levels of 25 percent of revenue by 2010. Structural costs are already below 30 percent, compared to 34 percent in 2005, despite weaker than expected U.S. industry volumes. In light of the progress already made, the company fully expects structural costs as a percentage of revenue to be further reduced beyond 2010, with a target of 23 percent by 2012.” Even though they have made strides toward achieving global marlet, they still won’t to be back to normal until 2012 and thats even with a hand out from the government. I believe that ford is doing a better job because they are doing it on there own with out any help because they believe they can succeed.