Ford saw there was a problem, and when Bill Ford replaced Jacques Nasser as CEO they began the restructuring. GM and Chrysler were victims of their own corporate inertia. They stayed in motion, in the same direction, because that's what they'd always done...despite the fact that a new direction was called for.
Ford's not THAT much better off, but they're SOME better off because they saw some of this coming, and they decided to do SOMETHING...whereas GM and Chrysler did nothing.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
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