Tag Archives: Kumar Galhotra

Ford Motor 2023 Q3 Net income $1.2 Billion

“I’m very optimistic about the reality we’re creating with Ford+,” said President and CEO Jim Farley. “We’re building a more dynamic, highly talented and customer-focused company at the intersection of great vehicles, iconic brands, innovative software and high-value services.

“We’re also radically changing how we work with a series of actions that put the right people with the right capabilities in the right places across the organization, so that our promise isn’t masked by cost and quality issues,” Farley claimed. Continue reading

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Ford Reshuffling with Retirements, and a Defection Announced

Ford Motor Company (NYSE: F) said in Dearborn this morning that corporate officers are retiring after three-decade careers, an executive is returning to the auto industry to lead global supply chain operations, and an under warranty new Ford Blue executive is departing to become CEO of a major transportation and logistics business. Continue reading

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First Look – 2024 Ford Ranger Pickup

The design of Ranger is defined by distinctive grilles and front-end appearances for XL, XLT and Lariat models. The Ford C-clamp headlight treatment and strong shoulder lines down the sides incorporate bigger wheel arches The rear end mirrors the front with C-clamp tail-lamps, with “RANGER” stamped across the tailgate. We guess it’s up to you to know if you’re coming or going. Continue reading

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Chief Marketing Officer Suzy Deering Abruptly Flees Ford Blue

Let the media speculation begin. However, as we have noted Ford Blue – the old internal combustion engine business that is being phased out, is not the future of Ford Motor. Neither now is it the future of Ms. Deering. Continue reading

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Ford to Restart Production at North American Plants?

Since Michigan is currently running out of hospital beds and testing remains limited to non-existent, this is a high risk strategy that could increase the spread of the sickness and the death tally of the COVID-19 pandemic. Continue reading

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Ford to Delay N.A. Plants Resuming Production

“In light of various governments’ orders to stay and work from home, Ford is not planning to restart our plants in the U.S., Canada and Mexico on Monday, March 30 as originally hoped.” Continue reading

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Ford Motor Shakes Up Senior Management During Sexual Harassment Debacle

Ford Motor Company today announced changes to its senior management team as it struggles with numerous sexual harassment charges, electrification and mobility business shifts that threaten its future. With a couple of exceptions the management team is y-chromosome male. Continue reading

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Ford China Sales Rebound in April with 24% Gain

After three straight months of declining sales in China, Ford Motor said today that sales increased 24% year-over-year to 54,881 based on wholesale deliveries. Ford China has now sold 176,274 vehicles year-to-date in China. Market leader General Motors and its communist government required joint ventures in China set a domestic sales record for April of 227,217 vehicles. Demand was up 11.7% from the same month in 2011. Its performance in April took GM’s sales for the first four months of the year to 972,369 units, an increase of 9.4% on an annual basis. GM has now sold more than one million vehicles in China. Continue reading

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