Ford CEO: We Will Handle What The World Deals To Us

Ford Motor Company

CEO, Mark Fields, was recently interviewed by CNBC's Jim Cramer for his show ‘Mad Money'. In the interview, Fields talked about why he is confident that Ford will do well even though it faces some major headwinds. Product Pipeline Provides Confidence Fields was asked with Europe not doing well and strengthening dollar how is he confident that Ford will be doing well. He replied, "Well it really comes from keeping our product pipeline absolutely full. We launched 24 global products last year, the most we ever have in our history, another 15 are coming this year. Vehicles like our F-150 our Focus, those type of vehicles that are worldwide, but as we look at it, we are a big multinational company." He continued, "You have to be able to deal in the kind of environment where the economic environment changes very quickly and you need to deal with those risks and I think the way we work as a team and our working together culture at the company is really [in] allowing us not only to get to where we've been, which is get through a very tough period of time, not do it with taxpayers' assistance, be able to put the company on a really firm foundation for growth. We will handle what the world deals to us." Rising Rates Is A Good Sign On low interest rates and high dollar not being the ideal time for Ford, Fields said, "Well, let's put it into perspective, when you look at what's happening with interest rates let's say here in the States and all the talk about interest rates rise. That's really indicative of a healthy economy and when you look at our business and when you look at our position in the market here and the profitability that's a good thing for us."