Mark Fields

GM lines up urban mobility deals, while Ford experiments 'everywhere'

12:01 am U.S. ET | Feb. 1, 2016

GM and its competitors are determined to get on board with changes in technology and demographics that are bringing people back to cities and thrusting car-sharing and ride-sharing into the mainstream. The question is how....
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International operations help Ford's bottom line

12:01 am U.S. ET | Feb. 1, 2016

In addition to the billions of dollars earned from surging pickups and SUVs in North America, Ford posted its first European profit in five years and record results in Asia....
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NEWS ANALYSIS

No path to profits: Why Ford exited 2 key Asian markets

12:01 am U.S. ET | Jan. 31, 2016

Frustrated by paltry sales, Ford pulled the plug on its businesses in Japan and Indonesia. In both cases, it couldn't crack a Japan Inc. stranglehold: Japanese brands hold more than 90 percent market share in both nations. Ford cut bait to focus elsewhere....
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Ford CEO Fields joins IBM board as auto industry transforms

6:54 pm U.S. ET | Jan. 26, 2016

Ford Motor CEO Mark Fields is joining IBM's board of directors as the No. 2 U.S. automaker explores alternative mobility options beyond selling cars and trucks....
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No love for Ford on Wall Street

12:01 am U.S. ET | Jan. 25, 2016

Wall Street isn't sold on Ford executives' upbeat prognoses. As profits grow, its stock price keeps sinking. Last week Ford shares fell to their lowest closing price in more than three years. They've dropped 19 percent since January 2015....
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GM buys ride-sharing company Sidecar's assets to support Lyft alliance

6:43 am U.S. ET | Jan. 19, 2016

GM is following up its $500 million bet on Lyft with another flashy, though far less costly, move to fortify itself against the rise of Uber Technologies....
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2016 AUTOMOTIVE NEWS WORLD CONGRESS

Ford won't blindly chase market share

12:01 am U.S. ET | Jan. 18, 2016

Ford Motor Co. has lost more than 1 point of market share since 2013, but CEO Mark Fields says he isn't concerned by that, nor does the automaker plan to offer bigger discounts to reverse the trend....
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2016 AUTOMOTIVE NEWS WORLD CONGRESS

Ford will ultimately get its due from Wall Street, Fields says

10:15 pm U.S. ET | Jan. 13, 2016

Ford CEO Mark Fields said delivering strong results is the best way for the automaker to counter the skeptics on Wall Street who sent its shares sliding 5.1 percent Wednesday....
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Ford expects 2015 pretax profit to set record, says '16 may be even better

6:58 pm U.S. ET | Jan. 12, 2016

Ford said it earned a record pretax profit of at least $10.5 billion in 2015 and that it would match or beat that result in 2016. It also said it would return $1 billion to shareholders in the form of a special 25-cent-per-share dividend, but the news failed to halt a three-month decline in the automaker's stock price....
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Ford applies for record number of patents as CEO strives for innovation

6:24 am U.S. ET | Dec. 22, 2015

Ford has sought a record number of patents in 2015 as CEO Mark Fields pushes the company toward Silicon Valley-style innovation....
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TALK FROM THE TOP

Ford CEO Mark Fields: With an eye on the future, the automaker explores new ideas

12:01 am U.S. ET | Dec. 21, 2015

More than a year into his tenure as CEO of Ford Motor Co., Mark Fields has a redesigned F-150 and two updated SUVs at his disposal just as demand for those types of vehicles is surging. Amid that fortuitous timing, Fields is also trying to position Ford for a time when gasoline is more expensive again and fewer consumers want to own cars at all....
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DAVE GUILFORD

Fuel economy, reality set for collision

12:01 am U.S. ET | Dec. 21, 2015

EV costs, 54.5 mpg by 2025, the Paris accord and $2 gasoline are on a nasty marketplace collision course. Ford CEO Mark Field asks: Can we talk about this?...
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Fields: Why electrified models are a good bet

12:01 am U.S. ET | Dec. 14, 2015

In an interview with Automotive News, Ford CEO Mark Fields spells out why the automaker is making a $4.5 billion investment to develop more than a dozen electrified vehicles that it knows few consumers want to buy right now....
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Breaking through? Ford wants profit surge

12:01 am U.S. ET | Oct. 26, 2015

After the overhaul of some of its most important vehicles cut into Ford's earnings for the past year and a half, this week's third-quarter financial report represents CEO Mark Fields' first chance to deliver the "breakthrough" results he's been promising....
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Ford commits $1.8 billion to r&d in China

6:28 am U.S. ET | Oct. 12, 2015

Ford will invest $1.8 billion over the next five years to expand r&d in China, the latest effort by the U.S. carmaker to secure a larger slice of the world's biggest auto market....
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Fields, Ghosn lead Congress lineup

12:01 am U.S. ET | Sept. 7, 2015

Ford Motor Co. CEO Mark Fields and Renault-Nissan CEO Carlos Ghosn will head a star-studded lineup of speakers at the Automotive News World Congress in January....
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After ripping Ford, Trump says other automakers building in Mexico are next

11:02 am U.S. ET | Aug. 13, 2015

Donald Trump told a Detroit newspaper that he plans to broaden his recent criticism of Ford to include other automakers that are expanding production in Mexico instead of the U.S. Trump, the leading Republican presidential candidate, said automakers can reduce labor costs by moving plants from Michigan to parts of the U.S. where wages are lower....
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Ford enters car-sharing, electric bike markets in mobility push

10:30 pm U.S. ET | June 23, 2015

Ford is getting into the car-sharing and electric bike businesses as part of CEO Mark Fields' effort to transform the automaker into a more holistic provider of transportation options....
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After smooth 1st year, Ford's Fields faces 'breakthrough' challenge

12:01 am U.S. ET | June 14, 2015

Mark Fields succeeded one of the most revered executives in automotive history while generating barely a ripple among investors, dealers and employees. A year into his job as CEO, he'll begin to face bigger challenges as he works to deliver the “breakthrough year” he has promised....
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Ford profit decline poised for a reversal in 2015, Fields says

11:15 am U.S. ET | May 14, 2015

Ford CEO Mark Fields, presiding over his first annual meeting, addressed shareholder concern about the company's lagging stock by promising the company is poised for a profit liftoff in the year's second half....
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Rosekind to talk safety with auto execs in Detroit

3:48 pm U.S. ET | April 28, 2015

The top federal auto safety official is traveling to Detroit Wednesday for a series of meetings with automotive CEOs and executives to discuss his agency's safety expectations....
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Bitter rivals at home, GM and Ford taking different roads abroad

12:01 am U.S. ET | April 25, 2015

General Motors and Ford, Detroit's two venerable rivals, usually compete toe-to-toe in everything they do. But in Russia, they are headed in radically different directions....
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Ford's Mulally made $22 million in 2014; Fields' pay rises 83%

11:45 am U.S. ET | March 27, 2015

Alan Mulally, who retired as Ford CEO in mid-2014, received compensation worth $22 million last year, the company said today in a regulatory filing. His successor, Mark Fields, earned $18.6 million....
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Automakers spot a profit opportunity in mobility services

12:01 am U.S. ET | March 9, 2015

Changing mobility habits among consumers are fueling an aggressive exploration of new business models by automakers that could potentially pad their bottom lines in the decades to come -- even if fewer people buy cars....
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OUTSIDE-IN STRATEGY

Fields lures another Ford newbie in push for fresh thinking

12:01 am U.S. ET | Feb. 23, 2015

Ford CEO Mark Fields has plenty of reasons to fear being left behind as Tesla, Google and Apple shake up the auto industry. That’s why he’s hired another outsider to help his 112-year old automaker control its own destiny....
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