Failing Ford Company

The Ford Motor Company is having some serious financial problems. People aren't buying the SUVs and trucks that they are producing. To try to make up for the loss they are offering buyouts and early retirement plans to 75,ooo employees. In the future they planned on cutting 30,000 more jobs and close down a couple more plants. Ford is the 2nd motor vehicle maker in the country. GM is 1st. Not only do they have to compete with GM, but also the smaller, more fuel efficient Japanese car makers. Not only are the production of SUVs and trucks hurting them, they are also selling cars on the old-style platforms. They are going to need to do a lot of things to get themselves back on the ball.