Monday, May 11, 2009
Ford: steady hand and good products give its dealerships something to crow about
Nobody over at Jim Burke Ford is claiming the recession is about to end, but there is an undeniable sense of optimism about the direction Ford Motor Co. is heading under new CEO Alan Mulally. Ford is turning out some terrific cars (read my earlier post on the Fusion hybrid here) and its decision to reject federal bailout funds has turned into a huge public relations windfall. (Before I go on, an anonymous "commenter" on this blog earlier accused me of hyping the Fusion because I likely owned a Ford. For the record, I drive nothing but Toyota products and have for years, but I'm an unapologetic cheerleader for local companies like Jim Burke Ford and am thrilled that Ford Motor Co. is making a comeback.)
So when I got an email today from Burke marketing czar Kyle Northway about a story in Fortune magazine about Mulally and his efforts at Ford, I was eager to open the file. You just have to love the common sense that Mulally has brought to Ford, as seen in this excerpt from the story (full story available here):
"I arrive here, and the first day I say, 'Let's go look at the product lineup.' And they lay it out, and I said, 'Where's the Taurus?' They said, 'Well, we killed it.' I said, 'What do you mean, you killed it?' 'Well, we made a couple that looked like a football. They didn't sell very well, so we stopped it.' 'You stopped the Taurus?' I said. 'How many billions of dollars does it cost to build brand loyalty around a name?' 'Well, we thought it was so damaged that we named it the Five Hundred.' I said, 'Well, you've got until tomorrow to find a vehicle to put the Taurus name on because that's why I'm here. Then you have two years to make the coolest vehicle that you can possibly make.'?" The 2010 Taurus is arriving on the market this spring, and while it is not as startling as the original 1986 Taurus, it is still pretty cool."
Photo of Alan Mulally courtesy of Fortune magazine.