Most everyone at Ford is grinning from ear-to-ear these days, as the company is enjoying profits as well as a vastly improved product portfolio and public image. Sales are up, the product pipeline is full, and market share grew last year. You can almost imagine Ford CEO Alan Mulally saying, “What, me worry?”
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But that’s exactly what he should be doing, according to Forbes, which suggests Ford is growing arrogant and its numbers aren’t nearly as solid as they appear. For instance, Forbes says Ford was also right up there with Toyota and Honda when it came to recalls last year, far outpacing crosstown rivals General Motors and Chrysler. Ford recalled some 3.3 million vehicles in 2011, compared to 773,000 for Chrysler and just 500,000 for GM.
Full story: Autoblog