If turnaround needs it, Mulally will cut again

Wilson, Amy
January 2008
Automotive News;1/28/2008, Vol. 82 Issue 6292, p25
Trade Publication
The article reports that Alan Mulally, chief executive of Ford Motor Co. has stated that if the U.S. sinks into a recession, the company is prepared to make new cost cuts to maintain its turnaround. Mulally also said that he was pleased to hear the federal funds rate cut by the U.S. Federal Reserve. He also said that in the event of further restructuring, Ford will continue to follow the basics of its turnaround plan and continue to invest in new products.


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