News by Brand
Home>Topics>>Ford's Fields Up Close (11/1/12)

Ford's Fields Up Close (11/1/12)

Get Adobe Flash Player to see this content.
+

Tags:

  1. jaguar3:20, 4:54
  2. Lincoln3:23, 6:58
  3. General Motors8:53
  4. executive VP3:36
  5. Middle East7:11
  6. vice president's7:01
  7. bill Ford1:46, 3:30, 4:35
  8. Alan Mulally0:07, 2:32
  9. mark fields0:03, 0:30
  10. Jim Farley6:55

Thu, 1 Nov 2012|

Top lieutenant assumes planning role as Mulally remains CEO; new roles for Farley, Hinrichs; plus, storm crimps Oct. sales.

+

Automatically Generated Transcript (may not be 100% accurate)

Fields day. Ford name's mark fields its chief operating officer. And his boss Alan Mulally is sticking around for at least two more years. Complete coverage of today's management changes at Ford including a look at fields through the year. Thanks for looking in on this Thursday and it's only fitting Ford has promoted mark fields from president of the Americas to -- -- On this day of the week. That's because fields will lead the company's business plan review process. Which takes place each Thursday. Ford's CEO -- lolly created that meeting when he arrived in 2006. But Lally who will remain in that post at least through the end of 2014. Saying today he's stepping back from heading their critical review process. He says it's fields turn to take the hell. That -- Is where everything comes together as you know all the businesses worldwide all the functions. Every week. The plan the stress against planned it -- notification period these special attention. And mark note that process. In 2011 that the fields took us inside those meetings. We're a global leader showed charts on the status of the business. As red green or yellow you're either green on planned no problems. Yell a little bit off plan but you have a plan to fix it and read Iraq plan and it happened. Fields by the way was the first leader to show read to the new boss. -- -- isn't going anywhere any time soon. Executive chairman bill Ford reiterated today that he for first choosing their next CEO from within. While it's not a given having the COO title on his business card his foot fields at or near the front of the line. Leslie Allen looks at his accomplishments. So far. Will be great opportunities for everybody and war. In serving this great company going forward. And repeal another moment of opportunity have the ride. For years this past -- that was dogged by speculation. That he's been lying to DC you know. And for years he politely brushed the questions aside you know at apple the leader of the Americans. -- -- -- -- That both fields and December CEO Alan Mulally he set -- not going anywhere soon and there was no time for distractions. World staying focused on today. We'll continue to make progress. -- and that is our number one focus it's. Still to join Ford in 1989. As a newly minted Harvard MBA. He quickly built their reputation as a marketing -- and I'm -- on the fast track at the house Ed Henry Ford built. And 1999. At 838. He was named president of -- the youngest ever chief of a Japanese auto company. And 2002. The 41 year old took the reins at Ford so premier automotive group. Consisting of luxury brands Volvo jaguar. Land Rover Aston Martins and Lincoln. -- emerged as a possible CEO candidate way back in 2004. When bill Ford will still running the family company. By that time fields and edit the title of executive VP of Ford of Europe to his resume while still running PAG. We continue to remain focused laser focused our player when he was passed over in favor Boeing executive Allen Molly. -- what does all of CEO ambitions on hold. Instead he would learn from a Molly and he became a more relaxed self assured executives and the process. This is what the business needs all over the years a more mature fields have -- Bloomberg says that it onetime. Feels most cited in the press as a Jersey boy with a 1980s hair style. Who wants open -- -- by saying. Aren't you going to ask me about my -- And real subtle signs that he ninetieth street fighter. And the book American icon. Often Bryce Hoffman detail -- near physical altercation between fields and former CFO. Don LeClair. The shouting match fit to be broken up by bill Ford himself. Ford is America's best selling brand. -- head of the America a job he took in 2005. -- -- been a turnaround artist. Helping transform the North American operations from record losses for years ago to record profits this year. As jaguar and Land Rover Volvo Aston Martin and Mercury have all they -- from the lineup. Of the auto makers to surviving brands. We are very very excited about where we're heading heading with weight gain and our objective is really clear we can we want to make a world class. Luxury ramble for a product standpoint. Consumer experience standpoint. A year after that 2011 interview. More assurances for retailers. I'm -- only enhances the dealers to not only to listen to a words but watch watch her actions we want to ask fields what keeps them up at night. His fans there. The excitement of seeing or grow again. We're going through the doorways every morning and it's it's a very different dynamic when you're a growing profitable company. And there're a number of different issues that you work through as -- running profitably as you do when you're restructuring the business. And that's very very exciting and it's also very very motivated so. It's almost the adrenaline that that keeps me up at night. Amongst other things. He was clearly excited about -- regaining its investment great status Clinton ratings companies this year. And whip it the trademark blue all ball -- this summit fork get its money three billion dollar loan and avoid bankruptcy. To be able to kind of get this oval back Condit you know kisses good that's ours again. And we control our own destiny and a cheerleading job doesn't stop there. Most recently he helped employees celebrate as the automaker took control of a suburban Detroit plant have been operating with Mazda. -- -- -- For Automotive News TV. I'm Leslie Allen. Thanks Leslie. Several other foreign leadership changes to tell you about. Joseph Hendrix who currently heads Asia Pacific Africa. Succeeds fields as president of the Americans. Jim Farley gets global responsibility. For Lincoln and to spit your title. No executive vice president's remaining in charge of global marketing sales and service. Ford Europe boss Stephen hotel becomes president of Europe Middle East and Africa. Current for China boss David shot becomes president of Asia Pacific. And Asia Pacific Africa CFO John Lawler becomes CEO. Of the China unit. All of the moves -- officially take effect December 1. Turning now to today's other big story auto makers releasing US sales results for October. And providing a first glimpse of the effects of super storm standing on the industry. Let's take a look. At Hyundai motor America. CEO John crafted tweeting that sandy plus tight supplies of the accident and Elantra. Caused a 4% dip in sales. Nissan saw a 3% decline it is the first automaker to unleash incentives meant to spur sales in storm damaged areas. Toyota's 16%. Advance in October followed increases that have averaged 52%. Over the previous five months. American Honda sales picked up 9%. One of the biggest winners among Asian automakers was Subaru up 30%. -- sales grew 13%. Volkswagen says a quarter of its US dealerships were affected by standing. Nonetheless it reported in 22%. Jump in sales in its smallest gain since August of 2011. To Detroit now where Chrysler group saw its smallest sales boost since may of last year 10%. The increase led by an 89%. Improvement in Fiat deliveries. General Motors October sales rose 5%. And Ford's sales flat for the second month in a row. Sandy turn through an area that generates about 25%. Of US auto sales. The massive storm disrupted dealers right it months and when car buying tends to accelerate. And with that we thank you for watching this addition of auto news now tomorrow we have at -- weekly commentary for him. We'll see that.

Related Videos:

  1. Toyota Cuts Famed Andon Cord (7/30/14)

    Wed, 30 Jul 2014

    Factory fixture that stops line replaced with button; tech-filled C class; Hyundai Sonata recall; Penske Q2 profit.

  2. Chrysler 200's Surprise Appeal (7/29/14)

    Tue, 29 Jul 2014

    Volume car is luring buyers from Lexus, Cadillac, brand chief says; Toyota's fuel-cell future; Musk as 'Simpsons' star.

  3. Ford Hikes F-150 Prices (7/28/14)

    Mon, 28 Jul 2014

    Eight polling that Tug of war what heavy duty YouTube has poured threatening to life. You're watching auto news now. Good to see you on this Monday. I'm Tom back for Ford and Chrysler the stakes couldn't be higher. According to true cart dot com heavy duty pickups represent 23%. Of all pick up sales in the US. In one of the main reasons to buy a big truck. Towing capability. a battle is raging between Ford and Chrysler's ram Brad. Over who can claim best in class Ford is threatening legal action if keeps claiming its pickups have besting class We're talking so called fifth wheel or goose neck trailer is connected in the pick up that. So here's the issue. Ford says 2015. F 454. By four crew cab can 31200. House. That's about 12100 pounds more than the highest capacity 3500. Which is rated at 30000. Pounds. But rim says the trucks are not even in the same class. It's is the F 450 is a class four pick up in fact the only class four pick up on the market. says the 3500. Actually competes against the F 350. In GM's 3500. Heavy duties. Reporter Larry tells us Ford does something no other automaker does when setting its maximum payload for the F series. It removes items like the radio. The spare tire the Jack. In the center console in order to produced the maximum number for its payload that's a questionable practice because a component truck over. Into another class. Larry says under the system used by other auto makers the F 450 would be considered class war. For more story in today's print and digital editions of Automotive News. Ford is raising prices on the new one in fifteen aluminum body F 150 pick up. Like 340 dollars to 3385. Bucks. The king ranch sees the biggest price increase over the 2014 model. Ford however has upped the standard equipment in all models of the truck for example to information screens are standard. Our Richard true it is also reporting the auto maker is trimming the number of F 150 models from eleven to five. With the new truck arrives this fall popular name plates such as the raptor in limited will be gone. Dealers started ordering the pick ups today. More business may be on the way to service based in GM dealerships. That's because the auto maker is offering buyers of its 2015 models for monthly vehicle diagnostic reports through OnStar. The move also allows customers to sign up to receive maintenance notifications from their stores. Both services will be offered at no charge for five years under a plan named OnStar basic. Previously. They were available only to paying OnStar subscribers. GM says that customers who are emailed me notifications from their dealerships. Come in for two additional service visits a year on average. Compared with customers who don't receive that. Cash for clunkers a phrase that was all the rage five years ago this month. Officially known as the car allowance rebate system clunkers was a lifeline at a desperate time in the US auto industry. US sales in June of 2009 dropped 28%. wasn't so lawful because every other month that your have been worse. But thanks to clunkers which provided consumers as much as 4500 bucks to trade in an old gas guzzler for a more fuel efficient new vehicle. July 2009 sales were off just 12%. In August sales that year were up 1%. In the end nearly 700000. Vehicles were traded in through the two point 85 billion dollar federal program. Have a great day everyone. We'll see you back here tomorrow.

  4. Japan 3 Product Preview (7/25/14)

    Fri, 25 Jul 2014

    Our look at what's ahead for Nissan, Honda and Toyota; what has Mercedes saying 'ah;' Crain joins Hall of Fame.

Advertising