Ford Motor Co. is in deep trouble, just like General Motors and Chrysler. One big difference: Ford knows where it is going, and it has a strategy on how to get there. That is more than I can say for its two domestic rivals. Frankly, it does not matter if Ford (nyse: ) has the ideal plan for reviving its business in the U.S. If the company stands still, it dies. Ford's basic strategy is to proceed at full speed to bring smaller cars to the U.S. market to replace the sales slump in pickup trucks and heavy sport utility vehicles. Ford's European division already has smaller cars. The plan is to shut some U.S. truck factories here and build those European designs instead. Importing all those cars will not work because it costs too much. Video: Renewables Create Trouble Prior to this week's developments, Ford had previously...
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