Ford would also stock "auto vending machines."
His pension award was nearly $2 million higher in 2016.
Lincoln MKC production won't move to Mexico, but that's not necessarily good news.
Ford's leaders talk about the creation of the new GT in a new video, and they don't shy away from discussing the project's challenges.
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.
Alan Mulally, the man who transformed Ford Motor Co. from a dysfunctional money-loser to a thriving company, will retire July 1 and be replaced by Mark Fields, the current chief operating officer.
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.