Joe Hinrichs

India Ford Asia Expansion

Mulally to remain Ford chief through at least 2014

Ford said Thursday that Alan Mulally will remain as president and chief executive through at least 2014, as Americas chief Mark Fields was promoted to chief operating officer, putting him in line to succeed Mullaly.
 

Foreign carmakers 'pressed' to launch China brands

Foreign carmakers in China say Beijing is pressuring them to produce dedicated new brands so their local partners can gain technical know-how, but experts warn the strategy could backfire.
 

SUV makers flock to China as sales boom

Automakers are rushing to cash in on China's growing passion for SUVs, with sales up five-fold in the last half-decade, as increasingly affluent urban consumers seek to showcase their wealth.
 

World's carmakers woo China despite slowing sales

Major carmakers gathered in Beijing Monday for China's leading auto show, seeking an edge in the world's largest automobile market after a sharp slowdown in growth.
 

Two Ford execs retiring, Mulally staying

(Reuters) - Two top Ford Motor Co <F.N> executives who helped steer the U.S. automaker through the financial crisis will retire by April 1, thinning the ranks of likely candidates to replace Chief Executive Alan Mulally in coming years.
 

Two top Ford execs set to retire

(Reuters) - Two top Ford Motor Co <F.N> executives who helped steer the U.S. automaker through the financial crisis will retire by April 1, thinning the ranks of potential candidates who could replace Chief Executive Alan Mulally in coming years.
 

Ford begins search for post-Mulally CEO: source

DETROIT (Reuters) - Ford Motor Co <F.N> has begun considering successors for Alan Mulally, the chief executive credited with turning around the No. 2 U.S. automaker over the past five years, according to a person with knowledge of the matter.
 

Ford begins search for post-Mulally CEO: source

DETROIT (Reuters) - Ford Motor Co has begun considering successors for Alan Mulally, the chief executive credited with turning around the No. 2 U.S. automaker over the past five years, according to a person with knowledge of the matter.
 

New Ford Ranger truck launching outside North America

DETROIT (Reuters) - Just as the Ranger rides into the sunset in the United States, the importance of Ford Motor Co's <F.N> compact pickup truck is rising in the rest of the world.
 

Ford sticks to adding 7,000 U.S. jobs, says recovery encouraging

BANGKOK (Reuters) - Ford Motor Co <F.N> on Thursday stuck to its target of adding 7,000 jobs in the United States over the next two years, saying it sees an economic expansion there and not a double-dip recession.
 

Ford building $1bn manufacturing complex in India

US auto giant Ford has started construction on a $1 billion manufacturing and engineering complex in India as it bets on the country to help drive global growth, a company statement said on Tuesday.
 

Ford wagers on Asia to drive global growth

Ford Motor Co was slow out of the starting gate in Asia but now the number two US automaker is betting big on the region to drive global growth, says its Asia-Pacific chief.
 

Ford announces new $1 bn plant in India

US auto giant Ford said Thursday it would invest $1 billion to build a second vehicle assembly and engine plant in India as it ramps up production to exploit the country's burgeoning car market.
 

Ford Asia chief says small cars on way to China, India

DETROIT (Reuters) - The head of Ford Motor Co <F.N> operations in Asia said on Thursday that the company will meet its ambitious goals for growth in China and India by greatly expanding its product offerings.
 

Bill Ford says CEO successor likely from within

MACKINAC ISLAND, Michigan (Reuters) - Ford Motor Co <F.N> Executive Chairman Bill Ford said on Friday it is likely that the company will look inside its own ranks for the successor to Chief Executive Alan Mulally, whenever Mulally decides to leave.
 

Japan quake causes worry at Shanghai auto show

Japan's earthquake and tsunami disasters have cast a pall over the Shanghai auto show, where industry heavyweights are fretting over just how long the resulting supply disruptions will last.
 

Shanghai showcases auto world's China hopes

Foreign and Chinese carmakers unveiled plans on Tuesday to ratchet up investment and introduce new models in China as Shanghai's auto show opened with all eyes on the world's largest car market.
 

Car makers go local to tap China growth

SHANGHAI (Reuters) - Global auto makers and their Chinese partners are rolling out dedicated local brands and targeting buyers in smaller towns and cities as growth in the world's largest auto market slows from its breakneck pace.
 
Special Report: How Ford became last man standing

Special Report: How Ford became last man standing

DETROIT (Reuters) - Bill Ford Jr. just can't let the good times roll. In late December, Ford, 53, was on a family ski vacation in Colorado but found himself unable to put aside dark visions of how too much success could lead to the next crisis for the auto industry.
 

US automaker Ford says China sales hit record in 2010

US automaker Ford said Friday that its sales in China, the world's biggest vehicle market, soared 40 percent year-on-year in 2010 to an annual record of 582,467 units.