Nasser discouraged or drove out a lot of talented people by focusing on short-term profits at the expense of long-term investment in cars and trucks. He made a lot of people think that the best contribution they could make to Ford was to stay home.
More Quotes from Jim Hossack:
I don't see the whole picture yet, and I'm not sure GM does either. If they do, they certainly have not announced it. I'm not sure they've got a plan all together yet. But it's clear they've concluded that this plan isn't going to work and they need a better idea.Jim Hossack
They know, make cars of higher quality, but often that higher quality costs more money, the price in the market doesn't go up, but the costs do, they can't afford it, but the competition can.
Jim Hossack
Television advertising is very expensive, and with hundreds more television channels there is concern about a message actually getting across. Most car companies have agreed to put less money into television and are looking at alternatives, whether that's vehicle placement in movies, or events where people get to drive vehicles, motor sports. There are hundreds of different opportunities and everyone is trying to find a more productive mix than the one they currently have.
Jim Hossack
The new Beetle never would have gotten approved for production if it hadn't gotten rave reviews at the (Detroit) show from the public and the press, which stopped in its tracks when they saw it. That message quickly got back to Volkswagen that people thought it was cool and wanted VW to build it.
Jim Hossack
I suspect it will be Mexico and not be a UAW facility. The UAW won't like it, but Ford doesn't have a choice. Manufacturing has to go where it's most efficient and low-cost.
Jim Hossack
The full-sized half-ton truck universe is 2 million pieces (per year), so Toyota going from 100,000 to 250,000 units is doable.
Jim Hossack
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