All posts tagged: “B” class

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We Drive The European Ford Fiesta A Year Before Arriving In North America

Road Test Special – 2011 Ford Fiesta Ride & Drive Ford is the only one of the “Big Three” that didn’t declare bankruptcy and they didn’t go crawling to the U.S. and Canadian governments for money to keep them alive. Thanks to CEO Alan Mulally, Ford lined up loans and lines of credit worth $23.6 billion against its assets while they were still worth something – just in case they ran into trouble.  Ford is poised to emerge as the largest US automaker, and Mulally has said many times that Ford should return to profitability in 2009 (which in fact they already have). Apart from arranging loans while the banks were still drunk with stupidity, Mulally also sold off Jaguar and Land Rover. Looking to the huge successes of the European arm of Ford, Mulally quickly set about arranging to bring some of that success to North America.