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Ford preps for CEO transition

  • Alan Mulally says he will remain close to Ford (F) even after he leaves the company next month.
  • Analysts note the exec's close relationship with new CEO Mark Fields has set a reassuring tone with the investment community over the transition.
  • Mulally is still mum on his post-Ford plans, although his latest comments seem to indicate another post within the automobile industry is unlikely.
Comments (18)
  • crazty4tennis
    , contributor
    Comments (369) | Send Message
     
    Sorry to see Mullaly go since he took Ford to a whole new level, however, Fields knows the Ford product and the marketing.
    24 Jun, 07:53 AM Reply Like
  • Deja Vu
    , contributor
    Comments (1142) | Send Message
     
    Interviewed himself out of his current job...
    24 Jun, 08:03 AM Reply Like
  • fawneedie
    , contributor
    Comments (4) | Send Message
     
    Why doesn't Fields live full time in Michigan, instead of Florida? Is Ford paying the bill when he uses the ford aircraft to fly home every weekend? Nice perks,
    24 Jun, 09:06 AM Reply Like
  • mike8599
    , contributor
    Comments (578) | Send Message
     
    Income tax ? ..... zero in FL
    24 Jun, 09:42 AM Reply Like
  • User 27856663
    , contributor
    Comment (1) | Send Message
     
    why would anyone live in Detroit? Manufacturing industry is moving to 'right to work states', lower taxes, better climates and more friendly local / state government
    24 Jun, 10:43 AM Reply Like
  • Ryandan
    , contributor
    Comments (1353) | Send Message
     
    7+ years of Mulally and Ford is still at the bottom of CR and JD Powers surveys for car quality by owners of Fords. But let's put 6B dollars of taxpayer money into developing China till they kick us out. What happened to America? What happened to owning the Homeland. A company with known quality issues remodeling the entire line and introducing aluminum again in the face of a class action suit over "aluminum" in their cars and trucks going back to 2000.

     

    Mulally is going out the door at just the right time..........with a lot of the Ford family money. The man is a genius.
    24 Jun, 10:18 AM Reply Like
  • starcorral
    , contributor
    Comments (323) | Send Message
     
    It is a shame that such a genius wasted nearly a decade of his life only to be struck with a blinding flash of genius at age 68. Your integligence is quite impressive.
    24 Jun, 01:31 PM Reply Like
  • Ryandan
    , contributor
    Comments (1353) | Send Message
     
    We don't need to praise my intelligence here, just my observation. If you look at Mulally's exit from the airplane industry - it was very similar. It wasn't until he was gone a few years they recovered.

     

    Going back to 2004, the Dow is up around 62%, Ford is up around 8%. Let's see, where was Mulally working then? The Dow increased almost 8X as much as Ford.
    24 Jun, 01:51 PM Reply Like
  • Ford Man 26
    , contributor
    Comments (52) | Send Message
     
    Ford is not at the bottom of JD Power, it's the first brand below average. It is above Nissan, Audi, Kia, Chrysler, VW, Dodge, etc. And JD Power is based on the 2011 Model Year because it's 3yrs in service. Consumer Reports biggest issue with Ford is MyFordTouch, and rightly so. That's being addressed with Ford dumping Microsoft for Blackberry. As for spending $6bil of taxpayer money to develop China . . . the $6bil was to invest in fuel economy improvements and I believe Ford has invested at least that much into hybrid technology, plug-in hybrids, ecoboost IC technology, and aluminum body construction. There is no way you can claim that Ford spend taxpayer money on anything other than what it was intended for. 'Owning the Homeland'? What specific action has Ford taken or failed to take that would indicate they are walking away from the US? they are bringing production of heavy trucks from Mexico to Ohio. They are exporting US/ Canada built Edges, Explorers, and Mustangs to Europe and Asia.
    24 Jun, 10:35 AM Reply Like
  • Ryandan
    , contributor
    Comments (1353) | Send Message
     
    Ford Man 26

     

    Well Ford Man, seeing that you take every problem Ford has with a grain of salt, I think you should buy as much stock as you can - today and for the rest of June.

     

    Don't worry about the new class action suit against Ford for defective aluminum hoods on their cars going back to 2000. Oh - didn't know they were using aluminum already? Or, the federal audit that shows Ford Motor Company has had more complaints in the last decade about cars speeding up by themselves than Toyota. Or, the Ford 6.0 Powestroke Diesel Class Action Lawsuit, or

     

    the best one yet this year: "Ford Explorer Carbon Monoxide Poisonings Draw NHTSA Review -- By: Irvin Jackson | Published: June 23rd, 2014.

     

    You can call me - or everyone else names just promise to buy all the stock you possibly can in the next 30 days. We'll both be happy.

     

    Oh, did you hear about spark plug fiasco? Ford truck and car owners paying thousands of dollars to replace plugs that are breaking off and dropping into the engine? Now that's what you get from a car company that's been around for 100 years.
    24 Jun, 12:41 PM Reply Like
  • Cupolo
    , contributor
    Comments (22) | Send Message
     
    Those that are constantly critical of FORD will still be spousing their rhetoric while
    Ford goes on its way toward 20 to 25 and up into 2015.
    Read it and weep ~!!!!!!

     

    Cupolo
    24 Jun, 11:07 AM Reply Like
  • Ryandan
    , contributor
    Comments (1353) | Send Message
     
    Cupolo

     

    I agree it's going up today, and it's been trying to go up on no to low volume for months now. If I were you I'd watch for the "investment fund" trap they like to set up. suddenly they push the price up 10 to 20% then the big investment companies unload their stock on the little people and of course the price plunges. It's the end of the second quarter.... Beware!
    24 Jun, 11:16 AM Reply Like
  • ted lujan
    , contributor
    Comments (510) | Send Message
     
    Ryandan,
    I am waiting for the funds to start selling without too much luck, so far. I need to reenter F on a pull back.
    24 Jun, 11:36 AM Reply Like
  • Ryandan
    , contributor
    Comments (1353) | Send Message
     
    good luck, don't forget that over the last few years Ford has had some bad July's. ;-)
    24 Jun, 12:17 PM Reply Like
  • Cupolo
    , contributor
    Comments (22) | Send Message
     
    I am 89 yrs old.......WW 2 vet....( Marine ) fought 36 days at IWO JIMA...my unit
    raised the famous flag on Feb 23rd '45 on Mt Suribachi.
    Been an investor for over 60 yrs.
    24 Jun, 11:15 AM Reply Like
  • Ryandan
    , contributor
    Comments (1353) | Send Message
     
    Well, if all that's true, thank you for your sacrifice, I'm sure you have had to carry nightmares the rest of us hope never happen again. So, I'll hope the price goes up far enough for you to get out and not look back....
    24 Jun, 11:32 AM Reply Like
  • Cupolo
    , contributor
    Comments (22) | Send Message
     
    Like anything in life there are always risks........Presently our interest rates are very low and are forcast to remain low for at least another year or two.This tells
    me that the market will remain favorable for the investor during this period.
    If something geopolitical happens that tilts the scale,then all bets are off.meanwell the trend is your friend !!!!...........Stay long and add to your position on any pullback.

     

    P.S. GOOGLE.......JIM SCOTELLA......WW2........ me
    24 Jun, 12:44 PM Reply Like
  • Ryandan
    , contributor
    Comments (1353) | Send Message
     
    Cupolo

     

    I bow to your 60 years of investing experience. And I will consider buying everything except Ford....... ;-)
    24 Jun, 01:06 PM Reply Like
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