Why Ford's CEO Is Mad at Japan

By John Rosevear – Jun 30, 2013 at 10:00AM

NYSE: F

Ford Motor Company

Market Cap

$48B

Today's Change

(-0.41%) -$0.05

Current Price

$12.04

Price as of April 17, 2024, 4:00 p.m. ET

Japan's government has been taking bold action to try to jump-start a sluggish economy -- but one of its moves has Ford's chief steaming mad. Here's the story.

Ford (F -0.41%) CEO Alan Mulally is a very reasonable guy -- but lately, he's been quoted in the business press with some very tough talk about Japan. Mulally says the Japanese government is manipulating its currency to give Japanese automakers an advantage -- part of the prime minister's efforts to jump-start Japan's slow economy.

Is Mulally right to be angry? In this video, Fool contributor John Rosevear looks at what's actually happening, and what's at stake for Ford -- and at why Alan Mulally might be right to be worried about Ford's Japanese rivals.

Fool contributor John Rosevear owns shares of Ford. Follow him on Twitter at @jrosevear. The Motley Fool recommends and owns shares of Ford. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.