Tag Archives: Ford Motor Company

Funding pensions with stock? Lots of reasons not to

Apparently Ford Motor has gotten special dispensation from federal pension law, so it can now use stock rather than cash to meet as much as half of its obligation to its new pension fund. I’ve long been a proponent of … Continue reading

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Disloyal customers — great news for Detroit

There’s a piece in today’s New York Times bemoaning — at least I think it was bemoaning — the death of loyalty among car buyers.  Twenty years ago, you traded in your chevy for another chevy, and so forth.  Today, not … Continue reading

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