MarkFields


REPORT: Ford's Mark Fields implies company makes no money on hybrids

Last week, our friends from Consumer Reports got the chance to sit down with Mark Fields, Ford's vice president of North American operations, and some interesting information was gleaned. For instance, CR says Fields "implied the company isn't making money on the hybrids it sells today, and it is looking at ways to "enhance revenue" from them." Not surprising, really, but an interesting admission nonetheless. There are a few ways Ford could try and recoup some of its hybrid powertrain R&D costs, most logically being to extend the ... Read more →

Detroit 2009: Little Bigtime - Concept C takes Lincoln in a brand-new direction Chris Paukert

var digg_url = 'http://www.autoblog.com/2009/01/12/detroit-2009-little-bigtime-concept-c-takes-lincoln-in-brand/'; Play the word association game with an average American, and when the topic ...

Mulally's replacement could come from within Ford... or maybe not Chris Shunk

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 ...

New York 2008: Mark Fields hails a Transit Connect Taxi Concept Frank Filipponio

Click above for a high-res gallery of the Ford Transit Connect Taxi Where better than New York for Ford to show off a taxi cab? And what better platform than the company's new Transit Connect van? ...

Industry leaders predictions for '08; Lutz angrier than ever Damon Lavrinc

Between top X lists and hastily written end-of-the-year musings, the final day of 2007 is looking a lot like last year's run of retrospectives. Although some of the stories are different, many of the ...

Ford might increase cuts in slow economy 2 years ago on Autoblog

Mark "the Mullet" Fields dropped some small ordinance during an interview with the Wall Street Journal today, saying that if the slow U.S. economy puts the automaker at risk of not meeting its financial goals for the next two years, it may increase the rate at which it will cut costs. To quote ...

Mulally pockets $28 million in 2006 2 years ago on Autoblog

Reuters is reporting that while Ford Motor Co. posted a $12.7 billion loss last year, its new Chief Executive earned $28.18 million. And that was for four months worth of work. Alan Mulally's pay for 2006 included salary and stock options, as well as an $18.5 million bonus. The man Mulally replaced, ...

Mark Fields to white-collar crew: "How do you feel?" 2 years ago on Autoblog

If you are still here after seeing your friends and colleagues pink-slipped (or encouraged to take buyouts or early retirement), then we want to know how you're feeling. That was the basic message sent to Ford's white-collar workers today by Ford's President of the Americas Mark Fields. Top Ford ...

Ford earns poor marks on own internal report card 2 years ago on Autoblog

We're getting mixed signals from Ford. One week ago the automaker announced it was distributing bonuses to every single one of its salaried and hourly workers, just to say thanks for helping the company reduce costs, improve quality and reduce the ranks. Today we learn that Ford President of the ...

Chicago Auto Show: 2008 Ford Taurus X unveiled 2 years ago on Autoblog

High-res gallery of live and press pics available by clicking above image Today in Chicago, Ford Motor Company's Cisco Codina unveiled the new Freestyle Taurus X. As we told you in our preview post, the Taurus X loses the Freestyle name but gains the Edge's face. It's a simple act that helps build a ...

Ford's Mark Fields announces Bold Move: Bring back Taurus & Sable brands 2 years ago on Autoblog

Making both a bold and simple move, Ford's North American boss Mark Fields confirmed this morning what we already knew, that the Taurus and Sable brands will be resurrected for 2008. Fields, delivering the keynote address at the Chicago Auto Show this morning, said the Ford Five Hundred nameplate ...

Mark Fields gives up his flying perks 2 years ago on Autoblog

On 11/15, we reported about the expensive flights on Ford's corporate jet that Mark Fields was taking every weekend from Detroit to his home in Florida. Today, Mr. Fields announced to the workers at Ford that he would forgo the perk, guaranteed to him as a part of his compensation package, and make ...

Could the Big Three learn from Apple? 2 years ago on Autoblog

Associated Press Business Writer Tom Krisher makes a few good points about how the Big Three (or 2.5 if you prefer) could stand to learn from Apple's comeback. Well, ok, one good, though not exactly new, point. We've all heard it, if not said it ourselves. It's all about the product. Just like ...

Ford says "No diesel for you!" to American buyers 2 years ago on Autoblog

The Focus we should've received - diesel-powered, 50 MPG and thoughtfully styled. During an interview with Automotive News, Mark Fields, Ford's U.S. division president, said that the automaker would not be offering diesels in any of its passenger cars in the near future. For the time being at ...

Ford's Fields says F-Series will stay #1 2 years ago on Autoblog

Bring it on! Ford Motor Co. president of the Americas Mark Fields says that Ford's F-Series pickups will continue to be America's favorite truck, despite Toyota's new Tundra and GM's resurgence with their new Sierra and Silverado. And that wasn't a shot at the competition, rather a pledge to stay ...

Ford to spend $866m on Michigan plants 2 years ago on Autoblog

The timing for the announcement couldn't have come at a better time for Ford Motor Company or the state of Michigan. Just days before the North American International Auto Show opens to the public in Detroit, Ford's President of the Americas Mark Fields announced that the company will invest $866 ...

Ford announces corporate realignment 2 years ago on Autoblog

Not long after we told you about the likely promotion of Derrick Kuzak to the role of global Car Czar, President and CEO of Ford Alan Mulally officially announced his corporate realignment plan. At the top of the pyramid is, of course, Mulally himself. Reporting to him are the leaders of Ford's ...

Mark Fields under fire for expensive flights home 3 years ago on Autoblog

Steve Wilson, a reporter for WXYZ Channel 7 in Detroit, has taken the President of the Americas for Ford Motor Company, Mark Fields, to task for the weekly flights the executive takes from Detroit to his home in Delray Beach, Florida. Fields uses a company jet for the flights, which itself isn't the ...

4,000 Ford workers take buyout 3 years ago on Autoblog

During a conference call yesterday, FoMoCo's President, Mark Fields, announced that over 4,000 workers would take early retirement from the Ford-owned Visteon plant in Michigan. Employees had until last Friday to make their decision and of the 10,400 workers currently employed at the plant, ...

Ford's Accelerated Way Forward Plan details announced 3 years ago on Autoblog

All right, we got up this early to get Ford's announcement first thing, so let's get to it. Ford has announced, in a nutshell, that Way Forward 2.0 will include a further reduction in its production capacity and work force combined with a "ramp up" of new product introductions. The company also ...

Bill Ford outlines 3-point plan to employees 3 years ago on Autoblog

In an effort to assuage the fear of his employees over the current direction of Ford Motor Company, Bill Ford sent out a company-wide memo on Friday that details a three-point strategy for ushering the Blue Oval out of hard times. The Detroit News describes the strategy in a nutshell as 1) fixing ...

Wagoner critical of fed's lack of action 3 years ago on Autoblog

Yesterday, General Motors CEO Rick Wagoner voiced his concerns over the federal government's lack of focus on the issues ailing the domestic auto industry. His talk came on the heals of a similar speech given by Mark Fields, President of FoMoCo, that aimed squarely at the contentious relationship ...

Ford says Jaguar brand 'Not For Sale' (Maybe) 3 years ago on Autoblog

Speculations that Ford Motor Co. may be selling its Jaguar brand may have been lessened, if not outright stricken, during a seminar at the Center for Automotive Research in Michigan. Ford President of the Americas Mark Fields, who spoke at the seminar, suggested the luxury marque would be ...

Mark Fields says 2007 lineup puts Ford "in its best position ever" 3 years ago on Autoblog

Ford's president of the Americas, Mark Fields, thinks that Ford's upcoming 2007 North American models are right on the money "to face a rapidly changing car-buying market and to attract new customers." Let's see what he' s bringing to the table... On the fuel economy front, Fields points to 12 ...

Mark Fields: Ford is inclusive 3 years ago on Autoblog

Ford Motor Company founder Henry Ford may have been associated with anti-semitism, but Ford exec Mark Fields told a congregation of Jewish business leaders that he encountered no discrimination as he rose through the ranks at the company. In fact Fields said in answer to a question from a member of ...

Ford quarterly earnings expected to dip on slipping SUV sales, high gas prices 3 years ago on Autoblog

When Ford Motor Company reports its first quarter earnings tomorrow, the automaker is likely to report a decline thanks to a huge drop in SUV sales and diminishing market share. Analysts say that Ford's dependence on big SUVs, combined with surging gas prices have negated any effect so far of Ford's ...

Ford's Mark Fields happy with "Way Forward" progress 3 years ago on Autoblog

At the New York Auto Show Wednesday, Ford Motor's President of the Americas, Mark Fields, said "we're very pleased with our early progress" with the Way Forward plan - the company's roadmap for restoring its North American auto business to profitability by 2008. Saying that restructuring ...

Bill Ford's compensation falls 40 percent to $13.3M 3 years ago on Autoblog

Ford Motor released details of its executive compensation Friday, as part of its 2006 proxy statement to the Securities and Exchange Commission. At the top of the list is chairman and CEO Bill Ford, whose 2005 total compensation took a big hit, falling 40 percent to $13,298,279. In all fairness, ...






Autoblog Podcast #153: With Phil Berg

Phil Berg puts his reputation on the line and hangs with the podcast crew.

 
 

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