New ford rumor

[thepitts]

I have heard from a few folks that F**d is going to buy Cummins lock stock and engines by 2005. Has anyone else heard anything? Does not sound right to me but who knows.

 

[Hale on wheels]

Why should they, they already own them...

 

[RonaldLarson]

Ford..

is experiencing serious financial difficulties. I don't know where they would get the cash, nor why they would buy into a technology constantly threatened by ever increasing government regulation. Sounds bogus to me.

Ron

 

[Pit Bull]

Originally posted by Hale on wheels

Why should they, they already own them...

:-laf :-laf :-laf

 

[aotte]

Ford owned stock in cummins engine company at one time. Since they have sold there shares and have nothing to do with cummins except for buying engines. I have not heard anything about Ford buying Cummins out.

 

[Doc Tinker]

I heard the same thing as thepitts and it came from a Cummins employee. I think Martha Steward is in on it too.



Doc

 

[illflem]

I heard Ford was going to buy Mercury

 

[CROW]

Read the other day where Ford was desperately trying to reduce the manufacturing cost of the next generation F-150 by $700 per truck. The F-150 represents almost a quarter of Ford's business if I remember correctly. Design was apparently fairly complex and designed in a time of prosperity for the company and they need to save some money now that times are tougher. If times are that tough, it would be hard to see Ford buying anything, let alone a diesel engine manufacturer when they have a ready supply of engines from Navistar. Makes one wonder when they will start pedding some of the stuff they bought a few years ago.