While Daewoo has given Ford exclusive negotiating rights, GM has said as recently as Sept. 11 that they "would still be interested" in buying Daewoo if the Ford negotiations don't produce a deal.
By 2006 the situation had become so bleak that Mr Ford and Don LeClair, then his finance director, decided to undertake a dramatic refinancing of the business by raising bank loans secured against the company's assets.
Ford really can't afford to give up those Mercury sales or potential customers who don't like the name FORD.
"You don't take your Ford to the VW mechanic, " says Tibbs' partner Stephen Cagle.
They will have big but relatively fuel-efficient engines that can shut off cylinders when not needed. (Ford and Toyota engines don't do this.) They will also have lavish new interiors and safety features not normally found in pickup trucks, like side curtain air bags.
Despite Kerkorian upping his stake, don't expect him to acquire Ford, since family interests control 40.0% of the company's voting rights.
Harrison Ford bounced the ceremonial first pitch to Dodgers manager Don Mattingly.
Most don't go as far as automaker heir Alfred Brush Ford, who is part owner of a Web site design company-and a Hare Krishna.
Mr. FIELDS: Well, you know, I'm not going to get into a blame game here, because I don't think that's productive for anybody at Ford Motor Company.
NPR: Ford's North American Chief Sets Sights on Restructuring
Current Ford Focus models sold in the U.S. don't use turbochargers to improve performance and mileage.
Most don't go as far as the automaker heir Alfred Brush Ford, who's a part owner of a website design company.
"We don't discuss the costs of vehicle development, " says Ford spokeswoman Kristen Kinley, adding that these estimates are still being worked out.
So given that these things aren't entirely scientific, if they don't make progress we won't be sure how much David Ford's honesty will be to blame.
BBC: NI Assembly election campaigning - state of play so far
"Until Brian Helgeland produced the script, I don't think she'd been satisfied with the telling of the story, " Ford said.
You don't have to be a weatherman to know which way the wind is blowing: Ford figures to let Lincoln be an upper middle brand, as Oldsmobile used to be, and cut costs by letting Mercury fade away.
CNN's Josh Levs, Tom Watkins, Dana Ford, Joe Sutton, Ed Lavandera, Nick Valencia, Kathleen Johnston, Drew Griffin, Don Lemon and Susan Candiotti contributed to this report.
应用推荐