Mulally on EVs – Click above to watch video after the jump
If Bill Ford, Jr. has his way, he'll never be behind the controls of the Ford Motor Company ever again. It's not that the former CEO loathes the idea of holding the reigns to one of the biggest car manufacturers on the planet, notes Automotive News, it's just that he'd rather spend his time focusing on the company's future than dealing with day-to-to-day concerns.
The New York Auto Show began, as most of them do, with a keynote speech from an auto executive. In this case, it was Alan Mulally, Ford president and CEO, who talked about Ford (surprise!) and the future of the industry. The real short version is that he believes three main issues – the auto industry's opportunity to contribute to economic development, energy independence/security/efficiency and environmental sustainability – will "set the agenda for all of us going forward." Mulal
When Alan Mulally arrived at Ford Motor Company three years ago, the Blue Oval was in bad shape. New product wasn't exactly pouring in and the company's cash hoard was steadily shrinking. And word on the street is that the corporate culture at Ford was in as much trouble as the product lineup, making change difficult. Now in 2009, it appears Mulally has done the near impossible, turning around Ford's product lineup while supposedly positively altering FoMoCo's corporate culture.
If there's anyone out there who's qualified to opine on what it takes to turn around a struggling automaker, it's Lee Iacocca. Those old enough to remember life in the late '70s can recall Iacocca's first stint at the head of Chrysler, way before the automaker was ever purchased by Daimler and its subsequent sale to Cerberus. The situation in which the beleaguered automakers currently find themselves bears a striking similarity to that of Chrysler's in 1979, except that Chrysler was the only one
Well whadda' ya know. At least one Detroit CEO is planning on driving down to Washington from the Motor City in a real, honest-to-goodness car SUV. We've grown a bit tired of hearing people talk about whether or not Wagoner, Mulally and Nardelli should have flown in their respective company's private jets the last time they visited, so we're happy to hear that Ford's man at the helm, Alan Mulally, will be making the next trek on four wheels. Specifically, the vehicle of choice is an Escape hybri
Alan Mulally took over as Ford's CEO one year ago this month, and some of you may be wondering how he's doing. Business Week magazine says he's doing pretty good, actually, despite a 16% decline in sales last month, a stock price less than the cost of a used CD and the piecemeal selloff of PAG.