At least one fact is wrong in this article. Ford stock did not drop below $1. Hit about $1.50 at it’s lowest.
Doing a lot of things correctly, BTW, but I too fear that the unions will try to hold them hostage. Smartly, Ford’s move to a world platform allows them to more easily shift production to plants in other countries and still supply the U.S., so they have a bit of leverage vs. the unions.
Already bit their UAW in the backside Cousin Ed...
They have a sharp Euro small SUV the Kuga. Talk of a world platform and my guess it would be the replacement for the Escape, at least in shape, keep the name.
Well the price-point was to high with their labor since they didn't go for the requested re-negotiation this past winter, and they lost out in the Kentucky Plant to build it. I assume they will build in Europe.
I don't mean to rude, but this time, it sucks to be them...