Ford Brings in Outsider to Help Run the Company
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William Clay Ford Jr. took the highly unusual step, for Detroit, of turning to an executive with no auto industry experience.
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Ford Motor Co.  needs a new  business model in order to turn the automaker around, according  to a memo addressed to staff by its Chairman and Chief  Executive Bill Ford and seen by Reuters.
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The British lender's new head is no stranger to high-profile troubleshooting.
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Ford Motor Co.  has hired investment banks to help it explore options including a sale of its Jaguar and Land Rover European luxury brands, sources familiar with the matter said, as several companies ruled themselves out from bidding.
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Ford Motor Co.&#39;s push to polish its blue oval green amounts to more than launching the nation&#39;s first hybrid SUV and planting grass on an assembly plant roof.
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Ford Motor Co. F.N needs a new   business model in order to turn the automaker around, according   to a memo addressed to staff by its Chairman and Chief   Executive Bill Ford and seen by Reuters.
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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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A Detroit outsider faces an industry slump and a tough economy.
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Ford may part ways with both its British luxury-car brands as it raises money for its turnaround efforts.
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By Ja'Rena Lunsford, The Daily Oklahoman  Feb. 7--Ford Motor Co. is teaming up with Microsoft hoping to capitalize on an area they have yet to corner: technology.
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This big utility company has a diverse IT support group, and it's getting a new manager -- one with a reputation for being a corporate man who does things by the book.
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Greg Biffle believes if you aren't in the Chase for the championship, you're a nobody. Put Biffle in that group. Add Tony Stewart and Carl Edwards, too.
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The used-car specialist delivers a growth spiel to Wall Street.
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New Ford chief realigns management to cut waste.
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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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The recovery of Ford Motor Co. -- even  with plans to cut 45,000 jobs, close 16 factories and save $5  billion -- hinges on a deceptively simple solution: it has to  build cars people want to drive, analysts said.
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A private equity arm of JPMorgan Chase  & Co.  is eyeing some of Ford Motor Co.'s  luxury  brands, a source familiar with the matter said on Friday, the  latest sign the struggling carmaker is looking to unload assets  as part of a turnaround bid.