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| UPDATED: 5/22/17 4:16 pm ET - adds stock close

FORD REBOOTS

Ford CEO departs in shake-up; ex-Steelcase head Jim Hackett named new chief

Ford, in a sweeping management shake-up, named Jim Hackett, former CEO of Steelcase, as its new chief executive, replacing Mark Fields, who is stepping down amid pressure from shareholders over a slumping stock price and during a period of rapid transformation and disruption that is rocking the auto industry.

Unifor's Dias 'confident' Ford will honor commitment to Canada under new CEO

Unifor President Jerry Dias said he is not concerned about potential job cuts under new Ford CEO Jim Hackett, who oversaw about 12,000 layoffs during his tenure as the head of Steelcase Inc.

The Racing Isue

POWER & PASSION

This issue celebrates the passion of engineers, executives and dealers who climb into the cockpit and test what Jackie Stewart calls "the edge of experience." Racing is more than an adrenalin rush. It's a microcosm of the industry. » Go to the special section

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Futurismo Podcast

The moral quandary frustrating autonomous advocates

Self-driving cars: The solution to preventable traffic deaths or dystopian robot killers... or both? In our latest podcast episode, we investigate the contradictory ways the public talks about autonomous tech.

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