Cars
Mulally wants Ford to Cut Company-wide Lineup Down to Around 20 vehicles
Alan Mulally, President and CEO of FoMoCo, told an audience of business leaders at the Confederation of British Industry in London today that Ford is looking to downsize its current lineup to 20-25 models in an attempt to "simplify" and build better cars.
It seems to make sense; instead of spreading yourself too thin and trying to be everything to everyone at the cost of quality, spend more of your resources on fewer models to ensure a well put-together product.
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Ford Ceo Alan Mulally Believes Fiat 500 Won’t Succeed In The Usa
There’s been a lot of hype surrounding the U.S. launch of the Fiat 500, with many predicting a commercial success for the Italian mini even before it landed on this side of the Atlantic. However, there’s one industry executive that doesn’t...
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Ford Announces That It Has Reduced Debt By $9.9 Billion
It's not so often that we hear any good news from Detroit's Big 3 these days so Ford Motor Company's announcement that it has trimmed its automotive debt by 38 percent, or $9.9 billion, was a welcome surprise. The American automaker said that...
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Ford Sells 20% Of Its Mazda Stake To Raise $540 Million
Following in the footsteps of GM which announced on Monday the sale of its 3% stake in Japanese carmaker Suzuki for $230m, Ford said that it will sell a portion of its ownership stake in Mazda in a desperate attempt to raise cash to survive through the...
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Ford Ceo: “we Will Keep Volvoâ€
Ford has decided to terminate any rumors concerning the sale of Volvo -at least for the time being. “Our plan now is not to sell Volvo but to improve its cost structure and brand positioning,†said Ford CEO Alan Mulally, "I think we can do...
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Volvo Switches Its Ceo, Ford Motor Announces
Fredrik Arp may not have had the name recognition held by Bob Lutz or Gianni Agnelli, but holding the position of chief executive officer at Volvo Cars, a Swedish subsidiary of Ford Motor Company, had to be a blast. His Ford bio is available here. Arp...
Cars