Ford Motor's New Chief: "I Think It's a Tough Situation"
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In an interview with TIME, Bill Ford and Alan Mulally talk about the automaker's bold change at the top
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Ford Motor Co. Thursday named Chief Executive Officer Jim Padilla president to succeed Nick Scheele, who is retiring in February. Vice Chairman Allan Gilmour will also retire in February, the automaker announced.
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As Ford Motor Co.  moves to  implement its biggest job-cut and plant-closure program in its  103-year history, uncertainties about the turnaround plan risk  complicating its execution, analysts said on Monday.
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In a smaller role, Bill Ford is on an unmapped road.
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NANJING, China  - Ford Motor Co.  Chief Executive Alan Mulally said on Monday that the No. 2 U.S. automaker was keeping its target to return to the black by 2009, although the world economy might be hurt by the U.S. mortgage crisis.
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Chryslerâs chief executive indicated it might be weeks or months before the automakerâs future can be determined.
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The new U.S. ambassador to Iraq has made a career of taking on difficult tasks.
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DETROIT -- Ford Motor Co.'s board of directors began a two-day meeting yesterday to contemplate a plan that could have the ailing automaker slash jobs and reduce factories further and faster in its quest to revive profits.
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The Engine Operations Manager explains what challenges Monza will pose the engine team this weekend.
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Fordâs decision comes after the companyâs board met last week, according to people with knowledge of the situation.
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As Ford Motor Co. F.N moves to   implement its biggest job-cut and plant-closure program in its   103-year history, uncertainties about the turnaround plan risk   complicating its execution, analysts said on Monday.
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CHICAGO -- On his first day at work as chief executive of Ford Motor Co., Alan Mulally had a question that no one could answer: Why get rid of the Taurus?
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DEARBORN, Mich. -- Bill Ford, who struggled for five years to steer Ford Motor Co. toward financial stability, is stepping down as chief executive of the company founded by his great grandfather and is being replaced by Alan Mulally, a top executive from the airplane maker Boeing Co.
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DETROIT  -Ford Motor Co.  said on Friday it  would pay veteran aerospace executive Alan Mulally $18.5  million to join the troubled automaker as its new chief  executive in addition to an annual salary of $2 million.
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Ford Motor Co.  expects to secure a contract with the United Auto Workers union that puts the struggling No. 2 automaker in a stronger competitive position, one of Ford's chief negotiators said on Monday.
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The CEO's resignation likely means more trouble ahead.
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With the shrinking of Fordâs core United States business nearly completed, chief executive Alan R. Mulally is eager to get Fordâs global operations hitting on all cylinders.