As a personal friend of Frank, he honestly doesn't want to run the company. He would love to be able to bring the company back into U.S. ownership and find the right people to run the company.
Last US ownership nearly was allowed to sell the company off in parts, one has to be more wise than this. Merit is more important than Nationality.
In my lifetime the Company has been only run well under 2 people a Swiss American and an Italian Canadian.
Running a modern company with complex regulatory environment (both safety and environmental) and global source absolute....... you have to have the proper scale to operate.
No offense to Frank, but his proposal comes off as fan fiction. Would Love to sit down and understand it better but as it is presented it doesn't make sense other than a lot of fan service. Intellectual Populism.... things fans want to hear without real problem solving. Mostly ignores operational and regulatory realities.... and cost structures.
It is not impossible to Greenfield..... Chinese are Greenfield the hell out of the Automotive industry. New people popping up every day, with actually quite nice products. But not ICE, ice is amazing complex and expensive. But not to US safety and quality Standards and often very little after sale support. They also as odd as it seems live in a way more encouraging entrepreneurial regulatory environment (which is damn sad if you ask me). And large capacity and concentrations of talent, hungry talent.
I guess I have been behind the curtain too long to see this anything other than fanciful folly, something to talk about on a forum.
Truth is as much as don't care for Pepe LeCheapskate. None of the current NA issue fall on him, some on the merger and platform but those who were on their 3-5 year NDA merger retention contracts. Resetting the implementation approval and financing has the company product starved. That is not on him that is on the merger team and board.
I miss when this place used to have honest discussion about product.... not this partisan, Xeno centric, social media style bitch and flame fest.
Oh well such is the world.
Mark my word if the company doesn't shifted damn fast to Hybrid EVs... Like the Koreans and Japanese... soon Chinese it will mean the slow decline into irrelevance.
You can't make 2 identical vehicles that run down two separate assembly lines with different floor stampings it doesn't work. Americans will not adopt full EV in a manner that regulators wish or do they want too.
But what Toyota and Honda have already proven is that people don't care if the engine is attached to wheels as long as it has one and place to put gas.