Ford CEO Alan Mulally on CBS This Morning

Ford President and CEO Alan Mulally was on CBS This Morning talking about a variety of topics ranging from trade tensions between the U.S. and China to the 2013 Ford Fusion, but our interest was piqued when he started talking about his retirement. Just last week, we reported that Mark Fields is being named the Chief Operating Officer at Ford, putting him in a prime position to take over the reins of the company following eventual Mulally's departure.

The show's co-host, Charlie Rose, brings up the possibility of Mulally leaving on a high note considering Ford's current status, and Mulally replies "Charlie, squelch that rumor." When pushed even further for a definitive answer, Mulally confirmed that he is "not going to retire any time soon" although he gives no indication as to how long "any time soon" actually is.

The interview also touches on the future of the F-150 possibly using more aluminum, stricter fuel economy standards and how Ford plans to deal with its declining sales in Europe.

Scroll down to watch the entire video, and note that the retirement discussion starts around the 3:08 mark.