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.
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.
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. Chief Executive Officer Alan Mulally remains committed to the company and its future regardless of reports that he might leave for Microsoft Corp., said Mark Fields, the automaker’s No. 2 executive.