It just came through on my news wire that Bill Ford stepped down today as Ford CEO. He will be replaced by Alan Mulally, who was the head at Boeing. Billy will be staying on as executive chairman. I wonder what this will do to any products currently being planned in the pipeline???
Quote:
"Analysts said they expected Mulally's arrival would mean that Ford would reexamine all its assets, including the struggling Lincoln division and other nameplates such as Land Rover and Jaguar.
Mulally, who told reporters he drives a Lexus from Toyota Motor Corp., said everything was on the table for review.
"Ford has a great set of brands and as we go forward, we'll be making decisions about that family. (At Boeing), we treasured fuel efficiency, reliability and safety. The fundamentals are exactly the same," he said
Quote:
"Analysts said they expected Mulally's arrival would mean that Ford would reexamine all its assets, including the struggling Lincoln division and other nameplates such as Land Rover and Jaguar.
Mulally, who told reporters he drives a Lexus from Toyota Motor Corp., said everything was on the table for review.
"Ford has a great set of brands and as we go forward, we'll be making decisions about that family. (At Boeing), we treasured fuel efficiency, reliability and safety. The fundamentals are exactly the same," he said