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Author: Phoebe Wall Howard, Detroit Free Press

Money

Amazon veteran Tim Stone breaks Ford CFO tradition, brings tech background

March 21, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on Amazon veteran Tim Stone breaks Ford CFO tradition, brings tech background

Tim Stone, incoming CFO at Ford, left his previous company in February after Bloomberg reported his going around the CEO to try and get a pay raise.

Money

Ford investing in electric car production, adding 900 jobs at assembly plant near Detroit

March 20, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on Ford investing in electric car production, adding 900 jobs at assembly plant near Detroit

Ford plans to begin producing all-electric cars at its plant south of Detroit, adding about 900 jobs there over the next four years.

Money

To meet hot Ford Expedition demand, automaker rethinks assembly line

March 19, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on To meet hot Ford Expedition demand, automaker rethinks assembly line

Large SUVs continue to see a sales surge in North America, and Ford is moving workers to woo consumers away from General Motors in the hot segment.

Money

Ford CEO Jim Hackett pay raise means he earns 276 times more than median employee

March 18, 2019March 18, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on Ford CEO Jim Hackett pay raise means he earns 276 times more than median employee

Ford revealed executive compensation packages with pay raises for everybody, and then announced 5,000 job cuts in Germany and the UK.

Money

Facing skepticism, Ford CEO Jim Hackett defends his leadership style: ‘I’m pushing people’

February 22, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on Facing skepticism, Ford CEO Jim Hackett defends his leadership style: ‘I’m pushing people’

“The CEOis like a conductor in an orchestra, getting everyone to play their independent music in a coordinated way,” Ford CEO Jim Hackett said.

Money

Ford recalls 1.5 million F-150 pickups due to crash concern

February 13, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on Ford recalls 1.5 million F-150 pickups due to crash concern

Ford Motor Co. issues another recall of F-150s and now new Ford Mustang, Lincoln Continental, Nautilus, Navigator

Money

Ford hourly workers will get $7,600 profit-sharing checks

January 23, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on Ford hourly workers will get $7,600 profit-sharing checks

Ford hourly workers will get $7,600 profit-sharing checks based on 2018 adjusted pretax profit at the automaker, which was $7 billion for the year.

Money

$110,000 limited edition Lincoln Continental with ‘suicide doors’ sells out in just 48 hours

January 21, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on $110,000 limited edition Lincoln Continental with ‘suicide doors’ sells out in just 48 hours

An homage to the past and iconic styling and glamour of the 1960s, the $110,000 Lincoln Continental limited edition sold out in 48 hours.

Tech

Ford, VW form alliance to develop commercial vans, pickups globally for 2022

January 15, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on Ford, VW form alliance to develop commercial vans, pickups globally for 2022

Ford, VW announce Tuesday a plan to deliver medium pickup trucks for global customers starting in 2022 and then with commercial vans in Europe.

Money

Ford just revealed 2020 Explorer ahead of Detroit auto show: What’s different?

January 9, 2019 Phoebe Wall Howard, Detroit Free Press Comments Off on Ford just revealed 2020 Explorer ahead of Detroit auto show: What’s different?

All-new 2020 Ford Explorer has been redesigned and remodeled for adventure use, child-friendly activity and bigger families.

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