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Old 22nd December 2009, 15:29   #16
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GM bids farewell to big block V8 L18 engine.

It was the last of the “big block” V-8 engines made by the plant, a legacy dating to 1958 and a local connection under the hood of some renowned GM cars.
Plant bids farewell to big block : Home: The Buffalo News

@Mods- please move to appropriate forum if needed.
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Old 18th July 2013, 08:05   #17
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Default Re: The future of GM, Ford & FIAT in India...

Will Ford be able to drive profits in India? - Is CEO continuity a part of the problem?

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Ford is facing a return on investment question. If it can't make profits 17 years after setting shop in India, when will it?

To be fair, Ford reported a cash profit of Rs 144 crore in FY12. But a depreciation charge of Rs 284 crore pushed it to losses -To say that the company has been making huge investments is an excuse for non-performance on profits!

A Ford India CEO, on an average, stays at the helm for less than three years. That may also be one part of the profitability problem, industry watchers say. Lack of continuity in the leadership does impact long-term perspective and performance of the company
The same is the case with the other US auto major, General Motors (GM), which has accumulated Rs 746 crore in losses in 18 years!


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Old 18th July 2013, 15:48   #18
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Default Re: The future of GM, Ford & FIAT in India...

I think the problem with these 2 companies has been whenever a new vehicle is launched the other vehicles are completely forgotten by people as a result they are confused which can be their best bet btw they also have to launch new models to keep up pace with others. This is a number 8 situation to be in with no exit or entry. I had worked with Ford as a vendor closely on a prior job and can understand why they are in this position.
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