Way Forward

Ahead of Friday's announcement of Ford Motor Co.'s "Accelerated Way Forward" plan, two senior Ford Motor Co. execs have quit. Anne Stevens, COO of the Americas and Dave Szczupak, head of manufacturing for the Americas have, in the company's words, "elected to retire." Stevens has been with Ford for ...

As Ford readies the presentation of the Accelerated Way Forward plan for North America tomorrow, in Europe, it'll be business as usual. Ford's profitable European division offers a peek at what life could be like for the North American division after the Way Forward -- assuming all goes well.To get ...

Ford announced this afternoon that it will be presenting an Accelerated Way Forward plan, also known as Way Forward 2.0 in the web savvy crowd, at 7 AM tomorrow. Assuming we get to bed on time and experience no alarm malfunctions, we'll be on hand to bring you the details as they come in. No doubt ...

Now that Ford's got a new captain at the helm, it's full steam ahead for the "Way Forward." According to Reuters, Ford's board of directors will be instituting the second stage of its plan and is expected to release an overview of the strategy later today. Some of the proposals to be announced ...

Reuters is reporting that Ford will be shrinking its dealer base over the next three years in order to better align its distribution network with a market share that is smaller than it has been in the past. Dealers were told of the planned reduction at the dealer meeting in Las Vegas last month. ...

As the week begins, many industry analysts and insiders are confident that Ford will be making dramatic steps towards increasing their efficiency and productivity. The announcement last week that Bill Ford would be stepping down as CEO and passing the torch to Alan Mulally, was the first of many ...

A Reuters article released today suggests that Ford's new CEO Alan Mulally could attract a whole group of defecting executives from Boeing Co., Mulally's previous employer. Apparently Mulally is a pretty good guy to work for, being described by Reuters as a charismatic leader with a loyal following ...

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 ...

You can stop wondering which brand in Ford's Premier Auto Group will be the first to go. It's Aston Martin. Though speculation had pointed to a possible sale of Jaguar and/or Land Rover, in a statement Ford indicates that Aston Martin makes the most sense because it has a completely separate dealer ...

As part of its accelerated "Way Forward" turnaround strategy, Ford Motor announced today that it will cut North American production by 21 percent (168,000 vehicles) in the fourth quarter of this year. Third quarter production will by cut by 20,000 units.The result will be a 9 percent reduction in ...