Ford’s CEO Allan Mulally- Cool Under Fire

Mulally was interviewed at the ECO:nomics conference by WSJ reporters.  One has to be impressed with Mulally as he is certainly cool under fire. Just at the  helm of Ford for a little over two years now, he previously ran Boeing, he has done a lot of things right. In my opinion he is still doing things right. With the recent union agreements in place along with the financial reorganization efforts this past week which, no doubt, will be dilutive to existing shareholders risk tolerant investors with a 3-5 year time horizon may be encouraged to nibble here.

At $ 1.70 a share its not a bad long term option but lets see how dilutive this financial re-org is going be over the next short while. Chart-wise the stock is above its prior low but there is nothing compelling from a technical point of view at this point.

See the interview for yourself on Market-Watch here.

Ford Feista- A Global Car - The new Ford Fiesta has been recognized as the “Most Successful Design of 2008” by Fortune China, “Best Car” by Business Week, and awarded “Car of the Year” by What Car? magazine in the UK.

According to the Financial Times Ford Motor moved on Wednesday to bolster its liquidity and avoid a US government bailout by offering to swap up to $10.4bn in debt for equity and cash.

Now, it appears that China wants to be a major player in the global automotive industry. It may be prepared to finance the buy-out of Volvo, a division of Ford (F). The Times is reportingthe Chinese car firm Geely may purchase  the car company that was originally based in Sweden. Volvo is the second largest truck-maker in the world.

This entry was posted on 8. March 2009 at 23:22 and is filed under Investments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.