Business: Henry Ford's Idea: More Planning

Having been head of the firm that bears his name for 30 years, Henry Ford II is the senior man in the U.S. auto industry. He also has few rivals for outspoken candor. Other auto chiefs fairly shuddered last November when Ford warned that the industry was headed into "a depression" and called for a big tax on gasoline to finance aid to the jobless. In an interview with TIME'S Detroit bureau chief Edwin Reingold last week, Ford confessed amazement at the depth of uncertainty that he finds about the economic future, even in Detroit. "I've never seen a time like...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!