Bill Ford Jr.

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Ford Unveils Plan, Seeks $9B

Promises to be profitable by 2011

(Newser) - Ford unveiled a new plan to restructure its operations today and predicted a return to profitability—or at least break-even—by 2011, the Wall Street Journal reports. The plan calls for aggressive cost cutting and an increased focus on fuel efficiency. One of the costs on the chopping block? CEO... More »

Bill Ford Driving a Green Future

Ford's chairman sees auto industry getting leaner and greener in recovery

(Newser) - While General Motors, Chrysler, and Congress are haggling over what strings to tie to a federal bailout, Ford chairman Bill Ford Jr is working behind the scenes to further his company's move toward greener, more fuel-efficient vehicles. The automaker, with enough cash on hand to get through 2009, isn’t... More »

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