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2012 LOS ANGELES AUTO SHOW 'One Ford' strategy to remain top focus, Fields says 9:40 pm U.S. ET | Nov. 28, 2012  Ford has spent the last six years developing a global product strategy under CEO Alan Mulally. Building on the plan is Mark Fields' top priority when he starts running the automaker's global operations next month.... Read More »
Bill Ford: Fiscal cliff agreement 'vitally important' 1:36 pm U.S. ET | Nov. 19, 2012  A deal between President Barack Obama and Congress to avoid the fiscal cliff is critical to the United States economy’s health and to Ford Motor, the company’s executive chairman said today.... Read More »
Ford sees margins shrinking as buyers shift to small cars 4:06 pm U.S. ET | Nov. 14, 2012  Ford said its record profit margins are shrinking in North America as buyers downsize from trucks to small cars. The shift will reduce Ford’s North American margins to 8 percent to 10 percent over time, down from 12 percent in the third quarter.... Read More »
Mulally to join corporate chiefs in U.S. deficit talks with Obama 1:45 pm U.S. ET | Nov. 13, 2012  Ford CEO Alan Mulally will be one of a dozen American corporate leaders meeting with President Barack Obama Wednesday to discuss ways to control the federal deficit, the White House said Monday.... Read More »
Mulally: Gadgets bring owners, dealers closer 12:01 am U.S. ET | Nov. 12, 2012  Ford Motor Co. is battling problems with new technologies, as shown by consumer complaints about the MyFord Touch controls system. But CEO Alan Mulally is adamant that Ford will continue to be a technology leader.... Read More »
TALK FROM THE TOP: ALAN MULALLY, CEO, FORD MOTOR CO. With Fields as COO, Mulally sees Ford gaining momentum 12:01 am U.S. ET | Nov. 12, 2012  Alan Mulally, 67, will stay on as Ford CEO for at least two more years, while Mark Fields, 51, currently president of the Americas, will become COO on Dec. 1. Ford appears to be cruising along smoothly, but some problems persist. Ford's scores on quality surveys continue to suffer, largely because of its troubled MyFord Touch system. And recent vehicle launches have stumbled. For example, the redesigned 2013 Ford Escape already has been recalled twice.... Read More »
FINAL ASSEMBLY For Ford CEO Alan Mulally, neatness counts 12:01 am U.S. ET | Nov. 12, 2012  In interviews at least, Ford CEO Alan Mulally does not come across as one of those F-bombing Detroit auto bosses of yesteryear, the tough-talking guys who used profanity early and often -- and quite creatively.... Read More »
DOUGLAS A. BOLDUC Why Alan Mulally apologized to Bill Gates 12:01 am U.S. ET | Nov. 8, 2012  Ford CEO Alan Mulally said that the first thing he did after agreeing to be a keynote speaker at the International Consumer Electronics Show was pick up the phone. He joked that he “called to apologize to Bill Gates” for taking a spot usually reserved for the Microsoft chairman.... Read More »
DOUGLAS A. BOLDUC Why Alan Mulally apologized to Bill Gates 12:01 am U.S. ET | Nov. 8, 2012  Ford CEO Alan Mulally said that the first thing he did after agreeing to be a keynote speaker at the International Consumer Electronics Show was pick up the phone. He joked that he “called to apologize to Bill Gates” for taking a spot usually reserved for the Microsoft chairman.... Read More »
NEWS ANALYSIS Mulally, then Fields and then ... 12:01 am U.S. ET | Nov. 5, 2012  Alan Mulally will stay Ford Motor Co. CEO at least through 2014. Joe Hinrichs (pictured) will return from the Asia Pacific Africa region to head Ford's business in the Americas. Oh, yeah, and Mark Fields is Ford's COO. The shuffle makes Fields the undisputed top candidate to replace Mulally, 67. Hinrichs is next in line in the succession chain.... Read More »
Ford names Fields COO, putting him in line to become chief executive 9:06 am U.S. ET | Nov. 1, 2012  Ford Motor appointed Mark Fields, president of the Americas unit, as COO, putting him in line to succeed Alan Mulally when he retires no sooner than the end of 2014. The appointment was part of a sweeping overhaul of Ford's executive ranks unveiled today. Joe Hinrichs, currently group vice president and head of Asia Pacific Africa, will succeed Fields as chief of Ford's Americas unit.... Read More »
Ford names Fields COO, putting him in line to become chief executiveNov. 1, 2012 15:06 CET  Ford named Mark Fields, president of the Americas unit, as COO, putting him in line to succeed Alan Mulally when he retires no sooner than the end of 2014. The appointment was part of a sweeping overhaul of Ford's executive ranks.... Read More »
Hinrichs led sharp increase in Ford's China capacity 12:59 pm U.S. ET | Nov. 1, 2012  Over the past two years, Ford Asia chief Joe Hinrichs has managed what may be the most ambitious expansion of Ford's manufacturing operations since Henry Ford built the Rouge plant. As part of Ford's executive changes announced today, Hinrichs, 45, will replace Mark Fields as executive vice president and president for the Americas effective Dec. 1. Fields becomes Ford's COO and heir apparent to CEO Alan Mulally.... Read More »
ELECTION 2012 CEOs channel funds to Romney via corporate PACs 12:01 am U.S. ET | Oct. 29, 2012 The Detroit 3 CEOs donated to Republican Mitt Romney's presidential campaign, but not directly. Ford Motor Co. CEO Alan Mulally and General Motors CEO Dan Akerson channeled their largesse mostly through their companies' political action committees. Fiat-Chrysler CEO Sergio Marchionne can't give to federal campaigns because he is not a U.S. citizen.... Read More »
Ford board deliberates on successor for MulallyOct. 12, 2012 06:01 CET  Ford's board discussed a succession plan for CEO Alan Mulally at its monthly meeting on Thursday, according to a person familiar with the discussions. The board is preparing to promote Mark Fields to COO from president of the Americas as part of a plan to have him eventually succeed Mulally, said the person, who asked not to be named revealing board deliberations. The meeting ended without directors announcing a resolution, said another person familiar with the gathering.... Read More »
Ford board deliberates on successor for Mulally 7:19 pm U.S. ET | Oct. 11, 2012  Ford Motor Co.'s board discussed a succession plan for CEO Alan Mulally at its monthly meeting on Thursday, according to a person familiar with the discussions. The board is preparing to promote Mark Fields to COO from president of the Americas as part of a plan to have him eventually succeed Mulally, said the person, who asked not to be named revealing board deliberations. The meeting ended without directors announcing a resolution, said another person familiar with the gathering.... Read More »
FINAL ASSEMBLY Mulally talks Fusion, reporters talk retirement 12:01 am U.S. ET | Sept. 24, 2012  When Alan Mulally did a media blitz in New York last week he wanted to talk about the redesigned Fusion, not his retirement plans. It didn't work out that way.... Read More »
Mulally: No plans to retire as Ford CEO 12:19 pm U.S. ET | Sept. 18, 2012  Ford CEO Alan Mulally said today he has no plans to retire from the second-biggest U.S. automaker. "Please don't write me off," Mulally, 67, told reporters in New York. "I love serving Ford." Ford's board is preparing to promote Mark Fields to chief operating officer from president of the Americas, as part of a plan to have him eventually succeed Mulally, according to a person familiar with the deliberations.... Read More »
NEWS ANALYSIS New Ford Focus -- If chosen COO, Fields' to-do list is challenging 12:01 am U.S. ET | Sept. 17, 2012  When Mark Fields is named heir apparent to Ford Motor Co. CEO Alan Mulally, a pile of thorny problems will land on his desk. Ford sources say that anointing will happen, probably sooner rather than later, even though press reports that the board would name Fields as Ford COO last week proved false.... Read More »
AUTOMOTIVE NEWS WORLD CONGRESS Mulally to give keynote speech at World Congress 12:01 am U.S. ET | Sept. 17, 2012  Ford Motor Co. CEO Alan Mulally, the architect of the automaker's swift and successful turnaround, will be the opening keynote speaker at the 2013 Automotive News World Congress in Detroit.... Read More »
CARS & CONCEPTS Ford considers low-cost subcompact, Mulally says 12:01 am U.S. ET | Sept. 17, 2012  Ford is considering adding a low-cost Fiesta-based subcompact to sell globally.... Read More »
FINAL ASSEMBLY Where are they now: Mark Fields and the Ford also-rans 12:01 am U.S. ET | Sept. 17, 2012  Back in 2008 there were six candidates to succeed Alan Mulally as Ford's CEO. Now, as a Ford insider says, it is Mark Fields' job to lose after widespread reports that he is about to be appointed as COO.... Read More »
NICK BUNKLEY 'Ford's next top executive': Stay tuned 11:18 am U.S. ET | Sept. 14, 2012  The Detroit Lions have Ford Field. Neighboring Dearborn, it appears, will soon have Fields' Ford. By promoting Mark Fields to COO, Ford Motor Co. would send a clear signal that he is in line to be CEO after Alan Mulally -- try to stay calm here -- retires. Hmm, because everything seems to about marketing these days, I smell opportunity for the folks in the Glass House.... Read More »
Ford won't commit to Belgium factory, union saysSept. 13, 2012 21:59 CET  A union boss at Ford's factory in Genk, Belgium, said he failed to win assurances about the plant's future from the automaker's European management.... Read More »
Mulally could stay at Ford as nonexecutive chairman, report says 1:46 pm U.S. ET | Sept. 13, 2012  Ford's board of directors is considering keeping CEO Alan Mulally involved with the automaker, after his retirement, as the board's nonexecutive chairman, a person familiar with the matter told Reuters today. The board concluded a regularly scheduled meeting today, and no announcements are planned, a Ford spokesperson said.... Read More »
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