Tagged: Ford

Ford’s surprise profit

In a turnaround story for a troubled industry, Ford Motor Company posted a surprising 3rd quarter profit of nearly $1 billion, though it has still lost some $1.3 billion for the year.  School of Management Dean Lou Lataif, a former top Ford executive, says adversity has built character in the current generation of Ford’s leaders. “While […]

Auto industry update

The auto industry worldwide continues to struggle.  With Toyota facing its largest losses ever, Akio Toyoda today becomes president of the company founded by his grandfather in 1937.  Meantime, the first beneficiaries (reportedly Ford, Nissan, Tesla) finally are being named today for the loan program created by Congress in 2007 to help auto makers retool […]

Ford selling shares to avoid bankruptcy

Ford will offer 300 million common shares to shore up cash reserves, avoid a federal bailout, and keep it out of bankruptcy as its Detroit competitors GM and Chrysler struggle to restructure.  School of Management Dean Louis Lataif, a former Ford executive, can offer strategic perspective on the move. Contact Louis Lataif, 617-353-2668, lelataif@bu.edu