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Mulally's replacement could come from within Ford... or maybe not Joe Laymon isn't on the short list of successors for Ford CEO Alan Mulally, and it's unlikely you've ever heard of him, but if you want to get to the top at the Blue Oval, this is the guy you stop by Starbucks for on the way to work. Laymon is in charge of keeping a list of internal candidates ready in the event Mulally retires or quits, is fired or for some other reason exits his position, which could come as soon as 2011 when he turns 65. Both President of the the Americas Mark Fields and new... Article added: 2008-03-25 07:31:11 Article Views Rating: 199
Spy Shots: Ford Flex gets the woody treatment Certain automotive fashions are better left in the grave. To wit: faux wood paneling. It looks good on the old Woody, but it's an absolute atrocity on everything else see: Griswold, PT Cruiser. However, spies have caught the new Ford Flex donning some woodgrain shelf paper paneling, and as much as FoMoCo is trying to redefine the people-mover/minivan segment with the Flex, this would seem to be a seriously counterintuitive move. We're hoping it's a joke, and for our money, it is.[source] Article added: 2008-03-25 07:31:07 Article Views Rating: 203
Ford set to announce sale of Jaguar, Land Rover to Tata on Wednesday Could the protracted sale of Jaguar and Land Rover from Ford to Tata finally be coming to an end? After learning last week that Tata has secured the financing required to make the deal possible, reports are coming from London's Financial Times suggesting that the official announcement of the sale, reportedly worth $2 billion, could come as soon as on Wednesday, when Jaguar workers return to work after enjoying their Easter holiday. This sale, of course, follows up Ford's sale of Aston Martin, leaving a... Article added: 2008-03-25 07:31:07 Article Views Rating: 171
Rendered Speculation: Ford Capri reborn? Well look at that, the quarter panel vent from the new Focus can look good! No need to complain yet that this is but another Ford we'll never see, as it may not happen on any continent. Auto Bild has gone to press with shots of a new Mercury Capri concept that is rumored to be the work of an extremely skilled PhotoChopper. We're also unsure if the details they cite about the car being a sub-3,000 pound 2+2 with 140-250 horsepower and a production date of 2012 are fanciful or rooted in truth, but none of... Article added: 2008-03-25 07:31:07 Article Views Rating: 149
Farley may replace Ford's Mulally Ford Motor Co.'s new chief marketing officer, Jim Farley, and the president of its Americas group, Mark Fields, are both on the short list of executives identified by the company to succeed CEO Alan Mulally. But Ford stressed any talk of Mulally's leaving is "premature." Joe Laymon, Ford's human resources chief, made public the names on his succession list for Mulally during an interview with Automotive News that was published Monday. Ford confirmed the details of that report, but said such planning is... Article added: 2008-03-25 07:31:06 Article Views Rating: 196
Tata to buy Ford brands Three months after India's Tata Motors Ltd. emerged as the lead bidder for Ford Motor Co.'s Jaguar and Land Rover brands, the two companies appear to have a deal, according to sources familiar with the situation. A formal announcement of the sale is expected Wednesday. Tata reportedly will pay about $2 billion for the two British luxury brands, the sources said, and Ford will make a one-time contribution of $600 million to the pension fund for Jaguar and Land Rover workers. The one-off payment would be... Article added: 2008-03-25 07:31:05 Article Views Rating: 225
Ford planning Capri comeback? After bowing out of the market in the late 1980s, Ford’s European Capri sports coupe could make a return as a rival to Volkswagen’s rejuvenated Scirocco coupe. Several reports coming out of Germany claim Ford is prepping a new a concept to celebrate next year’s 40th anniversary of the original Ford Capri Mk1 from 1969. The concept will eventually spawn a new Mk4 version around 2012. In 2003 Ford gave a hint that a new Capri was on the drawing board with the unveiling of the Visos concept car... Article added: 2008-03-25 07:30:57 Article Views Rating: 219
Bringing up the rear: Ford to revive rear-wheel drive in U.S. Ford Motor Co. is bringing rear-wheel-drive development back to the United States from Australia. The automaker also has green-lighted a vehicle platform that will provide the basis for a new generation of rear-wheel-drive cars, according to sources familiar with Ford's plans. Australia, where such vehicles remain popular, had emerged as Ford's center for rear-wheel-drive development. But changing economics have convinced the company to bring the program back to Dearborn. Sources said the new... Article added: 2008-03-24 07:43:25 Article Views Rating: 188
Ford officially takes over Romanian auto plant BUCHAREST, Romania -- Ford Motor Co. formally took over the Romanian plant Automobile Craiova from the Romanian government today. Prime Minister Calin Popescu Tariceanu handed the factory's key to Ford of Europe President John Fleming, saying that Ford's investment of about $1 billion would allow Romania to become the biggest car producer in southeastern Europe. Last year, Ford bought a 72.4 percent stake in the state-owned company, paying about $88 million and vowing to invest $1 billion to upgrade and... Article added: 2008-03-22 19:54:34 Article Views Rating: 224
Ford makes executive changes for China operations DEARBORN -- Ford Motor Co. says it has made some key appointments to support the continued expansion of the automaker's fast-growing China operations. Dearborn-based Ford said today that 58-year-old Mei-Wei Cheng has been elected Ford group vice president and named executive chairman of Ford Motor China. Cheng previously served as chairman and chief executive of Ford Motor China. Robert J. Graziano has been appointed president and CEO of Ford Motor China. The 48-year-old currently serves as executive... Article added: 2008-03-22 19:54:34 Article Views Rating: 193 |
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