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NEWEST Ford custom name tumbler

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✅ Unique designs ✅ Global Ship from 4 to 6 days ✅ Not sold in any store

By 2005, both Ford and GM's corporate bonds had been downgraded to junk status[24] as a result of high U.S. health care costs for an aging workforce, soaring gasoline prices, eroding market share, and an overdependence on declining SUV sales. Profit margins decreased on large vehicles due to increased "incentives" (in the form of rebates or low-interest financing) to offset declining demand. In the latter half of 2005, Chairman Bill Ford asked newly-appointed Ford Americas Division President Mark Fields to develop a plan to return the company to profitability. Fields previewed the Plan, named The Way Forward, at the December 7, 2005, board meeting of the company and it was unveiled to the public on January 23, 2006. "The Way Forward" included resizing the company to match market realities, dropping some unprofitable and inefficient models, consolidating production lines, closing 14 factories and cutting 30,000 jobs.




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