There are cases where the execution could be admittedly flawed. But, for a company as large as Ford, this is not to say that they won't eventually succeed.

I don't think they are going to split. Management has indicated that while they are a public company, they would like to run themselves as if they were a private company and you could argue that's a similar path as Berkshire.

Historically, Ford and Navistar have been the No. 1 and No. 2 players in the medium-duty truck business. This is just a consolidation of the industry.

It all boils down to when is this company going to show us better profit margins and cash flow margins? Investors are waiting patiently.

Ford would welcome the cash for liquidity purposes, to help provide for large unfunded pension liabilities and for research and development.

There was absolutely no execution,