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Mulally will stay close to Ford after he steps down, plans to advise Fields [w/video]

Ford CEO Alan Mulally has less than a week left in his role of leading the Blue Oval before he hands off duties to Mark Fields on July 1. It doesn't look like Mulally is going to be shuffling off into his retirement anytime soon, though. The 68-year-old is being rather secretive about his next move, but he tells Bloomberg in a recent interview that he plans to stay close to Ford. Also, if Fields wants to ask for any advice, Mulally is happy to help.
Mulally took over at Ford in 2006 and led the company through a seriously rough patch in the auto industry. According to Bloomberg, he became famous or his Thursday meetings where executives were forced to deal with any problems before they could leave. Since announcing his retirement from Ford in May, Mulally has been insuring a smooth transition of power by traveling the world to all of company's major locations and saying goodbye to employees and dealers.
In terms of the future at Ford, Mulally doesn't predict any big changes in management style because the rest of the executive team is staying in place. He believes that Fields is going to maintain the processes already in place to keep things going. After all, it seems to be working. The company is predicting a return to profitability in Europe next year and is opening 88 new dealers in China. If the business could get its recalls under control, things could get even better.

Hennessey showcases F-250 VelociRaptor SUV

With automakers embracing smaller and smaller crossovers with each passing year, it'd be all too easy to forget about the Ford Excursion. Bigger than the Expedition (or just about anything else on or off the road), the Excursion was based on Ford's Super Duty truck chassis to put even the likes of the Chevy Suburban, Nissan Armada, and Toyota Sequoia to shame. It ceased production ten years ago now, but Hennessey is bringing it back – sort of. Feast your eyes on the Hennessey VelociRaptor SUV. The design calls for a very fullsize, truck-based sport-ute based on the Ford F-250. Only instead of a pickup bed, it's got four proper side doors and a covered cargo bay with a pair of barn doors at the back. Hennessey will fit it with three rows of seats to accommodate seven or eight passengers, and of course it'll offer a range of upgraded engines as well. What starts out with a 6.2-liter V8 producing 411 horsepower can be supercharged all the way up to 600 or even 650 horses. For those who don't want to spend their life's savings at the pump... well, this probably isn't the right choice of automobile, but Hennessey will offer an enhanced 6.7-liter PowerStroke diesel with 440 hp and 880 pound-feet of stump-pullin' muscle. Naturally there'll be other visual and mechanical upgrades on offer as well, but none of this will come cheap – or fast for that matter. Hennessey will take six months to put one together, and demand nearly $160,000 for the conversion.

Curtain officially comes down on Mercury as dealers remove signage

The process of shutting down the Mercury is complete. Ford officially made the decision to close its mid-level brand in June of 2010. In the months that followed, Ford offered its dealers money to stop selling the cars, with production shutting down in September. The last Mercury, a Mariner, rolled off the assembly line in the beginning of October and former spokesperson Jill Wagner said her good-byes to both the car and her job. Now the last piece of the brand has come down as dealers are removing any and all Mercury signage from their lots.
[Source: Detroit News]Read | Permalink | Email this | Comments