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Tag Archives: bill ford
Ford Motor BlueOval City – 6000 Jobs go to Tennessee
BlueOval City will make Ford’s second-generation electric truck, code-named Project T3 with the capacity of 500,000 EV trucks a year at full production. Tennessee is a “right to work” (for less?) state, which means workers don’t have to be unionized. Tennessee sent at least $500 million in incentives from its taxpayers to close the deal announced back in September of 2021.
It’s ironic that the state of Michigan today repealed the state’s right to work law – the birthplace and longstanding home of Ford Motor. “Today, we are coming together to restore workers’ rights, protect Michiganders on the job, and grow Michigan’s middle class,” Democratic Governor Gretchen Whitmer said when signing the legislation. Continue reading
Mark Fields Out, Jim Hackett in as Ford Motor CEO
Hackett led Ford Smart Mobility – arguably the future of the industry with ride sharing, electric vehicle, sales of big data and autonomous cars thrown in – since March 2016. Continue reading
Ford Motor Pays CEO Mulally More than $29 Million in 2011
Ford Motor Company paid Alan Mulally, president and CEO, $2,000,000 in salary and $5,460,000 in cash bonus in 2011. Mulally’s total compensation, including the value of long-term stock options, was $29,497,572. Continue reading
Posted in auto news, financial results, people
Tagged alan mulally, auto informed, autoinformed.com, automotive news, bill ford, ford motor, ford proxy, ford results, Ken Zino
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Ford – Most Hourly Workers, US-Assembled Vehicles, Exports
“Ford has bet on American workers, including the UAW, more than any other automaker. This commitment combined with great product and innovation, has earned us the loyalty of customers and returned Ford to America’s best-selling brand so far this year. We could make different decisions, as many others have done to reduce costs, but Ford is different. We will find ways to be lean and competitive while investing in our home market,” claimed Jim Farley, Ford president and CEO. This is, of course, a UAW contract negotiation year starting this summer with many recent Ford jobs going to Southern states hostile to unions. Continue reading →