Ford Motor Company has fired CEO Mark Fields, according to company insiders. He will be replaced by Jim Hackett, former head of Steelcase who has no experience in the auto manufacturing industry.Read more
Tesla owner Bruce Lane has initiated a Change.org petition addressed to Ford CEO Mark Fields asking him to stop whining about fuel economy standards and start building compelling electric cars. Why not sign the petition yourself? Link provided inside.Read more
Having invested more into plug-in hybrids than battery electric cars, Ford seems to have ceded the market to more seriousRead more
Fox News, purveyors of half-truths and hysteria, has been on an anti-GM crusade ever since the Bush-and-Obama-backed auto bailouts. Their favorite target is without a doubt the Chevy Volt, a car that has been subject to withering, and often false criticisms. But in a recent interview with Ford CEO Alan Mulally, Fox News host Neil Cavuto tried (and failed) to get Mulally to diss the Volt.
Instead, Mulally told Cavuto that without the auto bailouts, the entire auto industry would have been in “real trouble.”Read more