Mark Fields

Ford's Farley, Odell to swap jobs

4:15 am U.S. ET | Nov. 7, 2014

Ford global marketing chief Jim Farley will move to Germany to steer Ford of Europe starting January 1 in a job swap with European boss Stephen Odell, the company said. Odell, who has led European operations for Ford since 2010, will succeed Farley as executive vice president in charge of global marketing, sales and service, Ford said in a statement today....
Read More »

Hammer price is high for lunch with a honcho

12:01 am U.S. ET | Nov. 3, 2014

Last week, an anonymous bidder going by the handle "FordFan" paid $100,000 to break bread with Ford CEO Mark Fields in the penthouse of Ford World Headquarters in Dearborn....
Read More »

Ford’s Fields lunch auction draws top bid of $100,000

3:57 pm U.S. ET | Oct. 29, 2014

The price to have lunch with Mark Fields? $100,000. Ford's new CEO will have an exclusive lunch with the highest bidder to benefit Detroit charity Focus: HOPE....
Read More »

Ford plans to overhaul Lincoln with $5 billion push, report says

5:13 pm U.S. ET | Oct. 24, 2014

New Ford CEO Mark Fields, with the renewed backing of Executive Chairman Bill Ford and the company's board, has committed the automaker to a multiyear, multibillion-dollar overhaul of Lincoln that includes a significant investment in a new premium vehicle platform that will underpin several future Lincoln vehicles, four sources told Reuters....
Read More »

Ford sees Europe growth but no profit until after 2015

Oct. 2, 2014 15:27 CET

Ford is forecasting sales growth in Europe next year as demand for new models helps narrow its losses in the region, but it has pushed back its profit forecast from next year until after 2015 as a slump in Russia continues to hit sales....
Read More »

Ford sees Europe gains setting stage for profit after 2015

4:49 am U.S. ET | Oct. 2, 2014

Ford is forecasting sales growth in Europe next year as demand for new models helps narrow its loss in the region. Ford cut its global earnings forecast on Monday and said its European operations will miss a target of becoming profitable in 2015 because of a drop in Russia's car market and low interest rates in the region that are raising pension costs....
Read More »

Ford sets goal of 9.4M global sales by 2020, cuts profit outlook for '14

3:28 pm U.S. ET | Sept. 29, 2014

Ford aims to raise global sales 52 percent annually by 2020 by tapping fast-growing Asian markets, investing heavily in Lincoln, and expanding its global offerings of small cars and utility vehicles. But company officials today warned 2014 profits will be sharply lower than previous estimates because of higher warranty outlays and wider losses in South America....
Read More »

Is Ford due for ratings boost after GM upgrade?

3:19 pm U.S. ET | Sept. 26, 2014

Ford's profit topped $7 billion in 2013 just as it did back in 1999 amid surging demand for Explorer SUVs and F-150 pickups. Yet five years into its recovery, Ford's credit ratings remain one level above junk -- six notches lower than they were back in the SUV boom of 1999....
Read More »

Automotive News Cover
News by Brand