How Mark Fields, Ford's Possible Next CEO, Once Tried To Attack A Man…

According to Bloomberg, Mark Fields — mullet enthusiast, Ford Motor Company's then and current president of the Americas, and reportedly a leading candidate to succeed Alan Mulally as CEO of the automaker — nearly got into a fistfight with the car company's former CFO over a marketing budget and had to be restrained… » 3/02/12 8:30am 3/02/12 8:30am

Ford Meets With Tracinda, Probably Asked Kerkorian Not To Hurt Them

The week after taking a 5.5% stake in Ford Motor Co., representatives of investment tycoon and corporate raider Kirk Kerkorian's Tracinda Corporation had a little chat with Ford CEO Alan Mulally and executive chairman Bill Ford to discuss [random speculation]. While the meeting was described by Ford representatives as… » 6/18/08 8:40am 6/18/08 8:40am

Ford Exodus: A Jalopnik-Bialystock Production

We're assuming at least 10,000 FoMoCo employees will be taking the long route home today, with the remainder of employees "left behind" wondering why they didn't take advantage of those early buyouts. But if this is a true "exodus" from Dearborn as the headline from the Freep this morning suggests, we're wondering who… » 2/28/07 11:01am 2/28/07 11:01am

Jalopnik Poll: What Will Alan Mulally Sell?

Responding to alleged dealer grumbling at the National Automobile Dealers Association convention in Las Vegas, Ford CEO Alan Mulally agreed to step up and into an as yet undetermined dealership for one day to sell Fords directly. While details are still hazy as to when and where, we do know that Ford officials are… » 2/06/07 8:24pm 2/06/07 8:24pm

Breaking The Bank! Ford Leaks Money Like A Sieve In 2006, Reports Net…

The big press conference call isn't until 9:00 AM, so you're just going to have to suck it up and take what we know from the press release we've got in hand straight out of the glass house in Dearborn. What we know is FoMoCo is reporting a fourth-quarter loss of $5.8 billion dollars, pegging the 2006 full-year net… » 1/25/07 7:54am 1/25/07 7:54am

We're #3! We're #3! Ford Expects To Surrender #2 Spot To Toyota In 2007

According to Ford Motor's own projections, as obtained by the New York Times, Toyota will soon overtake Ford as the #2 automaker in terms of domestic sales. This news of the continued borg-like dispatching of US auto buyers by ToMoCo must have been a shock to no one. In truth — although FoMoCo folks argue otherwise —… » 12/21/06 11:37am 12/21/06 11:37am

Breaking! Ford Announces $5.8 Billion Loss In Third Quarter, Restates…

It seems like even good numbers coming out of the month of September weren't enough to right the listing ship that is Ford. Because, wow, talk about a double financial whammy of bad news for FoMoCo — they announced this morning that the Dearborn-based automaker lost $5.8 billion (yes, that's with a "B") this past… » 10/23/06 11:26am 10/23/06 11:26am

Always Blame Bill Clinton First: How "180 In 180" Helped Ford Go 360

The "180 in 180" plan was FoMoCo's way forward before there even was a "Way Forward." The plan, created by former Clinton pollster Mark Penn and his firm of Penn Schoen & Berland Associates, surveyed 5,000 Ford employees to ask them questions like:
» 10/11/06 10:21am 10/11/06 10:21am

So, ok, maybe not that last question — but the first two were…

Nice Job If You Can Get It: Sir John Bond Gets $25,000 A Day From Ford


The AP's reporting, by way of the Detroit News, FoMoCo Director Sir John Bond, the former HSBC chief exec, is being paid the princely salary of $25,000 per day to serve as a consultant to Chairman Bill Ford, Jr. Although Sir John's total fees under the deal are capped at $262,500 every 12 months and his role is to… » 9/19/06 1:53pm 9/19/06 1:53pm

Making Mo' Money: Mulally Nets Bigger Salary Than Big Bill Boss


Bill Ford was well-known for drawing down the lowest salary in the automotive industry — even less than workers building the next econo-box will be making over in Red China — he was paid a grand total of nothing for his job as CEO. Well, Mulally wasn't gonna try to one-up the former CEO and his new boss (maybe?) so… » 9/08/06 8:28pm 9/08/06 8:28pm

Big Bill Ford's FoMoCo Shake-Up: Anyone Seen Mark Fields?


So Big Bill Boss is stepping aside (sorta) to let Alan Mulally take a shot at the helm of FoMoCo, but what's going to happen to Bill's hand-picked management team? He's elevated folks like Mark Fields to run NorAm operations, Anne Stevens to COO for the Americas, and he's even brought in folks like Steve Hamp as his… » 9/06/06 9:43am 9/06/06 9:43am