Tag Archives: ford motor
China is Winning the EV War
Jim Farley, chief executive of Ford Motor Company, knew it was bad before he boarded his return flight to Michigan. His fact-finding mission to China in May had revealed the cold hard truth. Continue reading
Posted in Business, MN Gordon
Tagged byd, electric vehicle, elon musk, ford motor, jim farley, tesla, volkswagen, xiaomi
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The Art of the Lose-Lose Deal
Has there ever been a worse time to be a lowly American wage earner? First, Washington spewed out $6 trillion in printing press money. This pushed consumer price inflation to a 40 year high. At the same time, it diluted wages from a standard lager to a pilsner light. Now, at this very moment, the demand for higher wages through union organization is leading to the mass culling of payrolls. The higher wages go. The less jobs will remain. Continue reading
Posted in Business, MN Gordon
Tagged detroit, ford motor, general motors, lose-lose deal, rich boyer, shawn fain, stellantis, uaw, union
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