Hot Rod Rat Rod 392 Hemi 2 Door Sedan on 2040-cars

Auto blog

It's Official: Ford Names Mark Fields Its Next CEO

Alan Mulally, the man who transformed Ford Motor Co. from a dysfunctional money-loser to a thriving company, will retire July 1 and be replaced by Mark Fields, the current chief operating officer. During his eight-year tenure at Ford, Mulally gambled all of the company's assets on a credit line that kept Ford out of bankruptcy, then used a simple "One Ford" plan to change the company's culture. He was hired away from aircraft maker Boeing Co. in 2006 by Bill Ford, who at the time was running the company. Fields, 53, has been in charge of Ford's daily operations since December of 2012 and was widely expected to one day ascend to the top job. The change in leadership is taking place about six months ahead of schedule, but Ford said that was based on Mulally's recommendation that the new leaders were ready. "Alan and I feel strongly that Mark and the entire leadership team are absolutely ready to lead Ford forward, and now is the time to begin the transition," Bill Ford said in a statement Thursday morning. Bill Ford, the company's executive chairman, is the great-grandson of company founder Henry Ford. Mulally, 68, was trained as an aeronautical engineer. He spent 36 years at Boeing - and was president of the company's commercial airplane division - when Bill Ford lured him to the struggling automaker eight years ago. Mulally overcame skepticism about being an outsider in the insular ranks of Detroit car guys by quickly pinpointing the reasons why Ford was losing billions each year. Mulally put a stop to the infighting that had paralyzed the company and instituted weekly management meetings where executives faced new levels of accountability and were encouraged to work together to solve problems. It took two years for Mulally to turn the company around, but since 2009, Ford has posted pretax profits of $34.5 billion and its shares have more than doubled. Fields was one of the executives passed over when Mulally got the top job in 2006. When he was named COO in 2012, Bill Ford said Fields' decision to stay at Ford and learn from Mulally showed a lot of fortitude and has made Fields a better leader. "There was a lot of speculation about whether he was capable. To his great credit, he stuck to it, he learned from it and showed tremendous fortitude in grinding through an incredibly difficult process," Bill Ford said. This marks the second change in leadership at the top of one of the Detroit automakers this year.

2016 Ford Focus RS to start at $35,730? [UPDATE]

UPDATE: Unsurprisingly, Ford declined to comment on the pricing shown on the consumer page, with spokesman Aaron Miller telling Autoblog that the Blue Oval does "not comment on pricing speculation." The webpage showing the $35,730 figure has since been pulled down. We love it when automakers make little, tiny mistakes. You know, not the big stuff that leads to recalls, but the small things, like accidentally releasing pricing of a hotly anticipated model via its US consumer website. Such a thing has apparently happened to Ford, as Jalopnik's Car Buying sub-blog has uncovered a page on the site listing the starting price of the 2016 Focus RS. The cost of entry for the 345-horsepower, all-wheel-drive, torque-vectoring hot hatchback is $35,730, according to the website. That's $1,035 more than the base Subaru WRX STI, although it's $865 less than the Volkswagen Golf R. Considering the RS outguns both models by a very significant margin – 40 horsepower over the STI and 47 over the Golf R – that price seems very agreeable. If it's correct, that is. Aside from showing the RS' starting price, the page also gives us a glimpse into the options sheet. There's an RS2 equipment level that adds $2,795 to the base price along with navigation and leather Recaro seats, an $895 sunroof, and a 19-inch wheel and Michelin Pilot Sport Cup tire package for $1,990 (or just $1,395 for the 19s alone). Some fiddling with the quite incomplete configurator – there are no images and the overall design is rather glitchy – revealed a max price of $42,275. We've reached out to Ford for confirmation of the pricing information displayed. Head into Comments and let us know what you think of the pricing. Has Ford hit it out of the park by slotting in a more powerful competitor between the Subaru and Volkswagen? Were you expecting a higher price (like your author), or is this still too much money for a jumped-up Focus? Related Video:

Ford Mondeo Hybrid could beat unloved diesels in Europe

Predicting changes in the European auto market isn't easy, and Ford is hedging its bets there with the introduction of the Mondeo Hybrid. The Blue Oval has no expectation of the electrified version of the sedan being a rollicking sales success, but the model is a fuel-efficient alternative in case the recent backlash against diesel turns into an outright ban somewhere. This is the first time Ford is selling a hybrid version of the Mondeo (a cousin to the Fusion in the US) in Europe. The vehicle pairs a 2.0-liter Atkinson cycle four-cylinder with a 1.4-kWh battery pack to make a total of 185 horsepower and emit 99 grams per kilometer of CO2. The Blue Oval expects to sell around 100,000 units of all versions of the sedan annually there, according to Automotive News Europe. However, fewer than 5,000 of those are predicted to be the gas-electric model. "Legislation around Europe is so different it's very difficult to predict," Roelant de Waard, Ford of Europe sales boss, said to ANE. "If you're betting only on one horse you might be lucky, but you also may be very unlucky." Ford is probably smart to have alternatives ready, and it also already offers the Focus Electric and hybrid C-Max there. Governments in Europe are rapidly turning against diesel, especially in France. The country considered offering buyers 10,000 euros ($11,300) if they trade in an old oil-burner on a new electric vehicle, and the prime minister calls backing the fuel for so long a mistake. The UK's Labour Party is making similar declarations. News Source: Automotive News Europe - sub. req.Image Credit: Ford Government/Legal Green Ford Emissions Green Driving Diesel Vehicles Hybrid Sedan