Ford CEO Mark Fields 'Retires'

Mark Fields was at the helm of Ford since mid-2014.

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Ford CEO Predicts Self-Driving Cars Will Arrive in 15 Years

Self-driving cars are under development, but exactly when they will arrive is still unknown. 

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Former Ford Boss Earned $22 M in 2014

Former Ford CEO Alan Mulally earned roughly $22 million in 2014, making a five percent decrease over the year before.

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Alan Mulally to Retire From Ford on July 1

Alan Mulally, president and CEO of Ford Motor Company is set to retire. The influential executive will step down from his post in just two months.

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Mark Fields to Take Over as Ford CEO

Ford COO Mark Fields is expected to be named to the company’s chief position sometime in the near future.

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Ford Lays Groundwork For CEO Succession

Ford CEO Alan Mulally isn’t on his way out, though succession plans are being considered according to a top Ford executive.

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Ford Has Four Possible CEO Contenders To Succeed Alan Mulally

The replacement for Ford‘s current CEO Alan Mulally will likely come from within, and four contenders have come out on top despite no realistic timeline for someone to replace Mulally.

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Ford to Resurrect BOSS 302 Mustang as Next Special Edition Model

Ford appears set to bring back the BOSS 302 as the next special edition Mustang. According to Mustang Heaven, Mark Field’s, president of the Americas for FoMoCo, told dealers at a recent meeting that, “We did the Bullitt, we did a Mach 1, we did the C/S. I can’t tell you what the next special edition Mustang will be, but I can give you a hint.”

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Report: Ford to Cease Platform Sharing With Mazda, Leaving Japanese Automaker in the Lurch

The simultaneous introduction of the Ford Fiesta and Mazda2 at the LA Auto Show last week marks the end of a long history of platform sharing between Ford and Mazda. After two decades of collaboration, Ford has decided to develop vehicles separately from now on, according to Ford president Mark Fields.

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Report: Ford F-150 SVT Raptor Named "Truck of Texas" by Texas Auto Writers Association

Each year the Texas Auto Writers Association (TAWA) gives out accolades to vehicles in different classes, but none carry the quite the prestigious honor as the “Truck of Texas” title. For 2010 TAWA has awarded the Ford F-150 SVT Raptor as the “Truck of Texas,” making this the seventh year in a row that a Ford has won the top truck award.

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Ford Transforming Michigan Trunk Plant Into Compact Car/Electric Vehicle Plant

Ford will spend $550 million to transform it’s Michigan truck plant into a facility that bill be used to built the new Ford Focus, including an electric version of that vehicle.

By transforming the Michigan Trunk Plant into a compact car facility as many as 3,200 jobs will be saved as demand for large SUVs declines. The Truck Plant was the location where behemoths such as the Ford Expedition and Lincoln Navigator were manufactured.

The all new Focus will begin production next year with an electric version of the compact car due out in 2011. This zero-emissions Focus is being built in partnership with Magna International and will be powered by an electric motor mated to a Lithium-Ion battery pack and can be charged though a conventional household outlet.

Ford has made a commitment to bring three more EVs to market by 2012.

“The transformation of Michigan Assembly Plant embodies the larger transformation under way at Ford,” said Ford President and CEO Alan Mulally. “This is about investing in modern, efficient and flexible American manufacturing. It is about fuel economy and the electrification of vehicles. It is about leveraging our expertise and vehicle platforms around the world and partnering with the UAW to deliver best-in-class global small cars. It is about skilled and motivated teams working together in new ways to create the future of automobile manufacturing in the United States.”

Along with the Michigan plant, Ford will transform its Louisville, KY plant to also produce the new Focus, as well as modify the company’s Cuautitlan Assembly in Mexico, where the new Fiesta is to be produced.

“We’re changing from a company focused mainly on trucks and SUVs to a company with a balanced product lineup that includes even more high-quality, fuel-efficient small cars, hybrids and all-electric vehicles,” said Mark Fields, Ford’s president of The Americas. “As customers move to more fuel-efficient vehicles, we’ll be there with more of the products they really want.”

Official release after the jump:

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Ford Unleashes 2010 Taurus SHO
The rumors were right. Ford used the opportunity provided by the Chicago Auto Show to unleash its 2010 Taurus SHO, with 365 hp, all-wheel drive and a paddle-shifted six-speed transmission.

The SHO gets its power from Ford’s new Ecoboost twin-turbo, direct-injection 3.5-liter V6 engine, that delivers V8 power with V6 fuel economy.

Total output is rated at 365 horsepower at 5500 rpm and 350 ft.-lbs. of torque at 3500 rpm.

“The new Taurus SHO delivers on the authentic sleeper sedan formula but adds all-new luxury-appointments, convenience features and technologies to an unsurpassed balance of power and fuel economy,” said Mark Fields, Ford’s president of The Americas. “This new sport derivative answers enthusiasts’ calls for a premium Ford flagship sedan with even more attitude.”

Along with the added performance of AWD, the SHO will get tighter and more direct steering as well as a sport-tuned suspension.

The exterior will feature mild visual differences including a decklid spoiler, 19-inch wheels and twin exhaust pipes, and the interior will receive a list of upgrades.

“Taurus SHO was always a stealth high-performance car,” said Earl Lucas, exterior design manager. “The new SHO builds on the expressive design of the 2010 Taurus, adding subtle cues that set it apart.”

Ford will also offer a Performance Package for the SHO, which will include upgraded brake pads, 20-inch wheels, an even tighter and more responsive electronic steering system, a shorter 3.16 final drive for faster acceleration and a “Sport Mode” setting for the AdvanceTrac stability control system.

The 2010 Taurus SHO will go on sale this summer with an MSRP of $37,995.

Official release after the jump:

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