Alan Mulally (born Aug. 4, 1945) is the CEO of Ford Motor Co. He was previously the executive vice president of Boeing, where he began his career as an engineer in 1969.
DETROIT (Reuters) - General Motors Co's chief executive Fritz Henderson abruptly resigned on Tuesday, after the company's board decided the automaker needed to push its restructuring faster under new leadership. Henderson was asked by the board to step down at a meeting in Detroit after being on the job for just eight months, according to a person with direct knowledge of the matter. GM Chairman Ed Whitacre, 68, will become interim chief executive as the automaker begins an immediate search... Read Full Story
Alan Mulally, president and CEO, Ford Motor Company, who is credited with returning profitability to the Ford Motor Company without U.S. government assistance, will open The Washington Auto Show®: Change Happens Here. Read Full Story
THE ENGINE FINALLY TURNS OVER AT FORD
For years it has been fashionable to dump on Detroit's cars as lacking in style, quality, and fuel-efficiency. But if Ford Motor's third-quarter results--the first profit since 2005--are any indication, there may be life in American car brands after all.
Of course, CEO Alan Mulally made clear that one good quarter does not a turnaround make. The economy remains anemic, and millions of people are more concerned with finding or keeping their jobs... Read Full Story
Ford Motor Co. on Monday posted surprise earnings of nearly a billion dollars in the third quarter and said it was on track to become "solidly profitable" by 2011 after years of painful losses. The number two US automaker swung to a profit of 997 million dollars from a loss of 161 million dollars the same period in 2008 as it continued to restructure to cope with slumping sales amid the worst global downturn in decades. The gains came after Ford managed to increase market share in North... Read Full Story
Ford Motor Co. scored a hat trick on Tuesday.
The Ford Fusion midsize sedan was selected by Motor Trend magazine as car of the year. Billionaire financier George Soros revealed his investment arm has purchased $52.9 million in Ford stock. And, the company’s stock price hit a two-year high of $9 per share before closing at $8.98 for the day.
“It’s really gratifying to see that everybody is appreciating the Ford plan and the progress we are making,” Ford Motor Co. President and CEO Alan... Read Full Story
Apparently , Ford boss Alan Mulally arrives at work at 5:15 in the morning every day. He stays for 12 hours. True, a lot more than hard work is required to save an automobile manufacturer. The chips will fall where they may. Good cars will be introduced at the right or wrong time. Government standards will change with the wind. But when you chief executive takes success that seriously, something's going right. As a result of Mulally's work-work-work-work-work stance, Ford has brought its... Read Full Story
Ford Motor Co. will likely trade more of its debt for equity, and sell more common stock, so it can improve its balance sheet until the company can become profitable in 2011, CEO Alan Mulally said Thursday. Speaking at an event to show Ford employees the company's new Taurus sedan, Mulally said the automaker will need to take its own actions to reduce debt and raise cash. General Motors Corp. and Chrysler Group LLC were able to slash their debt and borrow billions of dollars as part of their... Read Full Story
The Ford Ka minicar and the global Ford Ranger pickup will not be sold in the United States, Ford Motor Co. CEO Alan Mulally says. This douses hopes of enthusiasts who perked up with Mulally’s previous statement that both vehicles were under consideration for sale in the US. “Too small for American tastes,” is the [...] Read Full Story
In a report by Automotive News, Ford CEO Alan Mulally said the company won't bring the Ka minicar to the U.S. He told the trade paper that the Ka is too small for American tastes and the Fiesta will be the smallest car in the lineup.Mulally also ...
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Ford CEO Alan Mulally was asked recently by Automotive News about how its current strategy of promoting the combo Ford-Lincoln-Mercury retailers over the stand-alone Lincoln-Mercury stores has fared so far after the changes were made starting 2006. Continued after the jump!
Mulally said that he would not confirm whether the plan had the desired result. All [...] Read Full Story
