After 20-odd years of "marriage" in China, Ford is preparing a product blitz and campaign to localize management to maintain and build trust with partners Changan Auto and Jiangling Motors Group. The goal: Reverse a sales slump and boost employee morale.
Jim Hackett is plotting a course for Ford Motor built around the ideas that trucks are what Ford does best, and trucks are what consumers want most. And if fuel prices soar, the CEO will have a new range of hybrids as a backup.
Ford says it aims to supplant Toyota as the top seller of hybrid vehicles in the United States in three years as part of a dramatic reshaping of its lineup to focus heavily on utility vehicles and pickups. The automaker plans to replace more than 75 percent of its North American lineup and add four nameplates within the next two years.
Ford is recalling nearly 1.4 million Ford Fusion and Lincoln MKZ sedans in North America because loose bolts could allow the steering wheel to come off. The automaker said it knows of two accidents and one injury linked to the problem, which federal regulators began investigating in October.