Whatever else people will remember about Bill Ford’s long stewardship of his great-grandfather’s company, they’ll say he was on the right side of history in this case.
GM’s Mary Barra and Toyota’s Akio Toyoda have now pledged to support the president’s assault in court. Bill Ford chose to remain as the linchpin of an alliance with Honda, VW, and BMW, plus 22 states and big environmental groups like the Sierra Club, who back California.
Ford’s contending with a president who applies his “do us a favor, though’’ mentality. Ford canceled a $1.6 billion factory in Mexico in 2017 after Trump called the plan an “absolute disgrace.” When Ford pledged to honor California’s tailpipe GHG limits even if the president rolls back the federal standard, Trump’s Department of Justice opened an anti-trust investigation.
Read the article at Forbes.
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