Business Sunday: 06 July 2003. GP Speaks - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
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post #1 of 29 (permalink) Old 07-06-03, 04:15 PM Thread Starter
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Business Sunday: 06 July 2003. GP Speaks

On Sunday morning Business Sunday carried a story on the resurgence of Ford in Oz. There was a lot of time spent interviewing Geoff Polites and some interesting things came up:

- the market share is only mid 13% because despite Ford building (and selling) every car they can make the rest of the market has also taken off dramatically
- no one knows why Australia has launched into record car buying numbers (it's callede EQUITY mmaaatttee!!!!!)
- Ford Oz returned only around $20m on over $500million investment which was poor (however they did not discuss projected earnings for this year)
- they showed video of Territory production
- they showed trim and colour boards in GP's office for the upcoming changes (I guess) which included some wild green and yellow shades

As usual GP was modest and underwhelming really. The average guy who happens to be at the top job.

maybe GP can comment? (mostly because we should know about these shows before they air on TV. I know I would have been real upset if I missed it) :s6:

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post #2 of 29 (permalink) Old 07-06-03, 08:56 PM
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Pete, they only taped the interview on Thursday so I just didn't expect it to be on so soon. We didn't tell any of our employees that it would be on and I didn't tell my sons, so I copped a bit from them when they found out about it. My best mate also called me within 30 seconds of it finishing to pay out on mefor not telling him at dinner the previous evening.(Luckily? he is a regular viewer so he saw it anyway. Ordinarily we would in fact send out some advance notice but this one " got through to the keeper ".
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post #3 of 29 (permalink) Old 07-06-03, 09:49 PM Thread Starter
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Re: Business Sunday: 06 July 2003. GP Speaks

No excuse Geoff. Call Channel 9 and ask for a replay!!!!! he he LOL

It's a pity not many others seem to have caught it.

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post #4 of 29 (permalink) Old 07-06-03, 10:16 PM
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Re: Business Sunday: 06 July 2003. GP Speaks

I would have loved to see it..
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post #5 of 29 (permalink) Old 07-06-03, 10:41 PM
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Re: Business Sunday: 06 July 2003. GP Speaks

Good news! Here's the transcript of the interview:
http://businesssunday.ninemsn.com.au...STORY_1889.ASP

Good to see you didn't use that crystal ball of yours Geoff

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post #6 of 29 (permalink) Old 07-07-03, 12:25 AM
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Re: Business Sunday: 06 July 2003. GP Speaks

Didnt see the interview but just read the transcript..a good read.

Good on ya Geoff for working so hard and being able to use your experience in looking into the future as well as the present, you are starting to see your hard work pay off

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post #7 of 29 (permalink) Old 07-07-03, 01:15 AM
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Re: Business Sunday: 06 July 2003. GP Speaks

Would have been a good watch,oh well, just have to read the transcript instead.

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post #8 of 29 (permalink) Old 07-07-03, 02:11 AM
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Re: Business Sunday: 06 July 2003. GP Speaks

Caught the last part of it. Thanks for the transcript RPO.

Cheers
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post #9 of 29 (permalink) Old 07-07-03, 02:22 AM
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Re: Business Sunday: 06 July 2003. GP Speaks

As long as Ford took $20mil of the $500mil profit , then this is great . More would be good , but profit is better than loss.
What really concerns me is the boss is only driving a HAD. :s6:
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post #10 of 29 (permalink) Old 07-07-03, 02:40 AM
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Re: Business Sunday: 06 July 2003. GP Speaks

Great read. Certainly looks like next year will build on improvements so far in 2003.

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