Don't know if you heard or not, but FoMoCo sold Aston Martin to French luxury conglomerate LVMH today for $1.2B. A good move for Ford, as they can now take Jaguar further upmarket without concern of cannibalizing sales.
Meanwhile, our local Lincoln Mercury dealer is in its death throes. Wholesaled all their used cars to raise cash, dumped their Jeep franchise and are now down to 10 cars on the lot total. And this dealer has been in operation for 60 years.
The guy who screwed Ford was Jac Nasser. Pissed away billions on stuff like Aston Martin, Jaguar, Volvo, Land Rover, etc. and all kinds of stupid ideas like trying to sell lease turn ins online so they wouldn't go to auction. Every brand in PAG, Nasser's baby, is losing huge dough except for Volvo -- which just above breakeven. Basically every nickel they made on Explorers in the 90's was flushed -- instead of using it to build new plants, develop new technologies or overhaul outdated product platforms.
Although Ford's looking in bad shape right now, I really like Alan Mulally as CEO. Just don't know if the company can last long enough for him to implement his thinking on things like standardized parts, true world cars, etc. and get it turned around. His could be a good for Ford as Ghosn was for Renault/Nissan.
PS: You get any of that bad weather in your area last night? Heard it was pretty ferocious...