Mark Fields News
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Ford Motor Co. Chief Executive Officer Alan Mulally reiterated the company’s plan that he continue leading the No. 2 U.S. automaker through at least 2014.
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Ford Motor Co., earning its heftiest profits ever in North America, is pumping money back into operations to counter new pickups from competitors and a growing currency advantage for Japanese automakers.
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Ford Motor Co. is on a tear in China, with sales up 54 percent this year on the strength of its Focus small car. Long an also-ran in the world’s largest auto market, Ford is now outselling Toyota Motor Corp. there.
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Ford Motor Co.’s board sent mixed signals about succession at the top of the No. 2 U.S. automaker.
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Ford Motor Co. directors are preparing to promote Mark Fields to chief operating officer from president of the Americas, a move that anoints him as probable successor to Chief Executive Officer Alan Mulally, according to a person familiar with the plan.
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Ford Motor Co., the second-largest U.S. automaker, is making contingency plans should the nation’s economy falter if President Barack Obama and Congress go over the fiscal cliff. Its main domestic rivals aren’t.
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Japanese automakers are about to make another run at challenging Detroit’s dominance in trucks, and they will bang head-on into John Lucchese.
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Ford Motor Co. cut Chief Executive Officer Alan Mulally’s compensation by 29 percent last year after the second-largest U.S. automaker fell short of its targets for profit, cash flow and market share.
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Ford Motor Co. Chief Operating Officer Mark Fields, in line to run the company eventually, said having Chief Executive Officer Alan Mulally beside him in a weekly meeting of top executives is important for continuity.
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Ford Motor Co., the second-largest U.S. automaker, said its record profit margins are shrinking in North America as buyers downsize from trucks to small cars.
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