Ford Motor Co. Chief Executive Officer Alan Mulally will stay at the automaker through 2014, Director Edsel Ford II said today, reiterating the company’s timetable. Mulally said he loves serving the automaker.
Ford Motor Co., taking its 50-year old Mustang global for the first time, today unveiled a revamped muscle car boasting a sleeker look and optional smaller engine that will target the widest set of buyers ever.
Henry Ford was born 150 years ago, July 30, 1863. He is remembered now for building a great many automobiles, for saying that history was “bunk” and for a strenuous anti-Semitic campaign that did his Ford Motor Co. incalculable harm (and whose effects the company has successfully worked to ameliorate almost since the day he died, in 1947).
When Ken Duberstein’s secretary told him Michael Dell was on the phone on the afternoon of July 31, there was little doubt about the topic. That morning, Dell Inc.’s special board committee had rejected the latest offer from Dell to take the personal-computer company private, a battle that was dragging into its 11th month.
Philip Caldwell, Ford Motor Co.’s first chief executive officer who wasn’t a member of the founder’s family, and who gambled the automaker’s future on the Taurus sedan in the 1980s, has died. He was 93.
Sean Davis said his friends called him a sell-out when he volunteered for Detroit mayoral candidate Mike Duggan in February. After all, Davis is a black man from a city that’s 83 percent black, supporting a white candidate who until last year lived in the suburbs.
Ford Motor Co. directors gathering this week in Dearborn, Michigan, are likely to discuss future plans by Chief Executive Officer Alan Mulally, who is being considered for the top job at Microsoft Corp., according to a person familiar with the board’s thinking.
Ford Motor Co. will stop making cars in Australia, nine decades after founder Henry Ford first began building Model Ts in the country, as a surge in the currency undermines the local industry’s ability to compete with imports.