Jim Hackett

Ford Motor Company (NYSE: F) shares are down after reporting a second-quarter earnings miss. Second-quarter adjusted earnings came in at 28 cents per share, missing estimates by 3 cents. Sales came in at $38.85 billion, beating estimates by $3.65 billion. Ford's adjusted EPS figure excluding a...

Bayerische Moto/S ADR (OTC: BMWYY) CEO Harald Krüger’s announcement last week that he will step down as head of luxury carmaker BMW is the latest in a string of auto company CEO turnovers — the fourth this year. The departures remove decades of experience in the top posts at the...

Ford Motor Company (NYSE: F) is eliminating 7,000 salaried jobs worldwide, about 10 percent of its global salaried workforce, according to several reports. The cuts will include 500 salaried jobs in North America. What Happened Ford CEO Jim Hackett sent a note to employees notifying them of the job...

Ford Motor Company (NYSE: F)'s days of producing a "one-car-fits-all worldwide strategy" have passed — which makes it the only auto stock worth buying, according to CNBC's Jim Cramer. What Happened Ford's transformation is the "real deal" as the company no...

Ford Motor Company (NYSE: F) announced Wednesday a strategic partnership with and $500 million minority investment in Michigan-based Rivian Automotive. As part of the arrangement, Ford will use Rivian’s platform in a new battery electric vehicle, and it will add Joe Hinrichs, president...

Ford Motor Co. (NYSE: F) confirmed Thursday it has hired longtime former Amazon.com Inc. (NASDAQ: AMZN) executive Tim Stone to be the automaker’s chief financial officer, replacing Ford veteran Bob Shanks, who is retiring later this year. Stone, 52, comes to Ford from Snap Inc. (NYSE: SNAP),...

The pioneer of the assembly line is joining forces with the company that made The People’s Car. Ford Motor Company (NYSE: F) and Volkswagen AG (OTC: VLKAF)(OTC: VLKAY) announced Tuesday a collaboration that aims to develop commercial vans and medium-sized pickups as soon as 2022. Dearborn and...

Three technological advancements are converging simultaneously in the auto industry that could offer "solutions for cities," according to Ford Motor Company (NYSE: F) CEO Jim Hackett. What Happened The three emerging technologies in the auto sectorare the advancement of electric...

The stage is set for Detroit’s Michigan Central Station — a massive architectural landmark that became a symbol of the city’s struggles as it sat empty for decades — to return to its former glory as a hub of modern transportation. In a community celebration including Detroit...

Ford Motor Company (NYSE: F) announced Wednesday it will pare its North American car portfolio to just two vehicles. The Mustang and Focus Active crossover will survive the transition, which eliminates investment in next-generation models of the Fusion, Focus, Taurus and Fiesta. “We are...

Ford Motor Company (NYSE: F) revealed Tuesday its vision for the future of the company - indeed, for the future of how humans will interact with vehicles in general. It's a conversation the company is keen to be a part of, along with other old school automakers like General Motors Company (NYSE...

Shares of traditional automakers Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) have had a lackluster run thus far into the year. For that matter, their performance in 2016 wasn't anything to boast about. Lackadaisical 2016 Compared to a mere 2.44-percent gain by GM in...

Recently appointed CEO of Ford Motor Company (NYSE: F) Jim Hackett hosted a meeting with analysts this week, which appears to have eased sell-side concerns following Mark Fields’ ousting. “Overall it did feel different,” said Deutsche Bank analyst Rod Lache in a note. Hackett was...

The market optimism about the new Ford Motor Company (NYSE: F) CEO Jim Hackett was short-lived. Ford shares initially jumped 1.3 percent on news last week that Hackett would be taking over the top leadership position from former CEO Mark Fields. However, since the day of the announcement, Ford...

Deutsche Bank Securities analysts said they are cautiously optimistic about the implication of the management changes, including the CEO shakeup, the company announced earlier this week. Ford Motor Company (NYSE: F) announced the ouster of CEO Mark Fields, replacing him with Jim Hackett, who...