Speaking At ITS 2014, Ford's Executive Chairman Talks Connected Cars
To most people, Bill Ford is most famous for being the great-grandson of Henry Ford. But, as the executive chairman of Ford Motor Company, Ford has also been leading the company into greener and greener territory. At the morning plenary session for the 21st World Congress on Intelligent Transport Systems (ITS) in Detroit today, Ford discussed a wide variety of topics, including connected cars (of course), plug-in vehicle and how Ford's collaboration with Zipcar came about because of he liked wha
It's hardly a secret that the auto industry is undergoing an enormous, tectonic shift in the way it thinks, builds cars and does business. Between alternative forms of energy, a renewed focus on low curb weights and aerodynamic bodies, the advent of driverless and autonomous cars and the need to reduce the our impact on the environment, it's very likely that the car that's built 10 years down the line will be scarcely recognizable when parked next to the car from 10 years ago.
We've heard rumblings of a changing of the guard at Ford, and this live stream from The Blue Oval itself confirms the rumors: Alan Mulally will be succeeded by the automaker's current Chief Operating Officer, Mark Fields.
Who says executives aren't people? This past weekend, Bill Ford, executive chairman of Ford Motor Company, and a group of employees trekked up to Eagle River, WI for a few games of pond hockey. Team Ford took part in the 2014 Labatt Blue/USA Pond Hockey Championship, capturing its fifth title in the 50+ Tier 1 Division.
Bill Ford went on the offensive to combat the rumors that CEO Alan Mulally would leave Dearborn for Steve Ballmer's vacated position leading Microsoft, adding that even if the 68-year-old, former Boeing exec were to depart, the Ford executive team is in a good place.
Think of this as a rare occasion where a General Motors collaborator is providing Ford with a little cash. A GM partner, peer-to-peer car-sharing operator RelayRides, is buying competitor Wheelz for an undisclosed amount, GigaOM reports. It's a bit of a stretch, but Ford is connected to Wheelz.
Fiat Chairman John Elkann has been turning to an unusual source for advice on the car business. While speaking during an interview with The Detroit News, Elkann said he often asks Bill Ford Jr. for advice on how to proceed with the turnaround at Chrysler. "It's great to have the opportunity to share this with someone like Bill, who has experienced many things and gone through many things ... especially linked to Detroit." Elkann said.
If you've ever wanted to joke about something that would make Henry Ford roll over in his grave, this could be the time. The automaker's founder's great-grandson appears to be staking some of his financial future on train tickets.
We're quickly approaching the 150th anniversary of Henry Ford's birth, and the company he founded is celebrating in a number of ways. Great-grandson Bill Ford Jr. did his part by purchasing the oldest known Ford vehicle, a 1903 Model A, and returning it to its birthplace.
With just a day until Bryce Hoffman's American Icon: Alan Mulally and the Fight to Save Ford Motor Company is released, more revelations from the book are hitting the headlines. Among the juiciest: Nissan-Renault chief Carlos Ghosn was offered the top job at Ford prior to Alan Mulally, but turned it down because he didn't want to work for then-CEO Bill Ford.
Ford had a very good financial year in 2010, with the company's second consecutive year-over-year market share increase and a net profit of $6.6 billion. Those sparkling stats made Ford's stock jump, with 68 percent in total gains for the year. And when stock prices soar, so do the executives' compensation.
Following the introduction of a barrage of new vehicles like the C-Max Energi and C-Max Hybrid at the Detroit Auto Show today, Ford Motor Company executive chairman William Clay Ford, Jr., spent some time talking to reporters about his company's electrification program (and other, minor things, like jobs and huge expansion in Asia). The takeaway point was that this is the age of the electric vehicles. The technology is ready, he said, but public acceptance depends on the cost of gas and the avai