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- Volvo Cars and Google Gemini Add AI Tech
- HondaJet APMG S Upgrade Expands to Mexico
- May 2026 Light Vehicle Production Forecast is Down Again
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- Coming Soon Chinese-Built Jeeps?
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- Trumped – National Average for Fuel Prices Climbing Yet Again
- First Glance – Acura Hybrid SUV
- BMW Group to Convert Preferred Shares to Common
- California Starts $1 Billion Rebate Program for Electric Trucks
- BMW Annual General Meeting – Chair Oliver Zipse Retires
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- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
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Tag Archives: Joe Hinrichs
Fire Sale – Ford Restarting F-150, Super Duty Production
Ford told reporters that is reaffirming 2018 adjusted EPS guidance range of $1.45 to $1.70 (non-gap) and expects adverse impact of -$0.12 to -$0.14 per share in second quarter due to lost production. Continue reading
F-Series Supplier Fire – a Threat to Ford Motor Profitability
Ford accounts for less than a third of the volume of output from the affected Meridian plant, it said, but the F-Series is the foundation of the profitability of Ford in North America – a foundation that was already showing signs of cracks. (Failing Grade for Ford Motor Q1 Earnings, Failing Grade for Ford Motor Q1 Earnings) Ford claims that while the production shortage is expected to have an adverse impact on the company’s near term results, the company’s guidance of delivering an adjusted EPS in the range of $1.45 to $1.701 for the full year is unchanged. 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 Shakes Up Top Management. Again.
Ford Motor Company today announced leadership changes in the ongoing remake of its under-performing business (Ford Motor Company Declares Q2 Dividend of $0.15*). Joe Hinrichs is appointed president, Automotive, effective May 1. In this role, he will lead Ford’s drive to strengthen its Automotive operations and help deliver a sustainable global EBIT margin of at least 8%, about half that of the world’s leading automotive groups. Continue reading →