Mark Fields

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Ford Is Moving All Small-Car Production Out of the US

Trump slams Mexico move

(Newser) - Ford Motor Co. says it's moving all of its US small-car production to Mexico. Ford CEO Mark Fields confirmed the long-expected move Wednesday during an event for investors and Wall Street analysts, the AP reports. Ford already makes its Fiesta subcompact in Mexico, but its Focus and C-MAX small... More »

CEO Credited With Saving Ford Retiring

Alan Mulally will be replaced by Mark Fields

(Newser) - Ford CEO Alan Mulally will retire July 1 and be replaced by Chief Operating Officer Mark Fields, the company announced in a news release this morning. The 68-year-old Mulally is credited with saving Ford from financial ruin after being hired away from Boeing in 2006. Fields, who has been running... More »

Car Makers Prepare for a Crash

Big Three see sales slump ahead

(Newser) - The slumping US  economy is casting shadows over the New York Auto Show, as industry forecasters this week cut their projections for sales of new cars and light trucks in 2008 to less than 15 million, the lowest level in 14 years. Chrysler, GM, and Ford, who had been projecting... More »

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