agent Entrepreneur logo
MenuMENU
SearchSEARCH

Ford Jr.: CEO Transition ‘Perfect’

Ford executive chairman Bill Ford Jr. said the transition to a new chief executive in recent weeks has been smooth, reported The Detroit News. Mark Fields took over as president and CEO on July 1 after Alan Mulally stepped down. Ford Jr. said the transition had been “perfect. … The transition’s been great. I’m thrilled. ... Read More »

August 1, 2014
2 min to read


Ford executive chairman Bill Ford Jr. said the transition to a new chief executive in recent weeks has been smooth, reported The Detroit News.

Mark Fields took over as president and CEO on July 1 after Alan Mulally stepped down. Ford Jr. said the transition had been “perfect. … The transition’s been great. I’m thrilled. So far, so good,” Ford Jr. said in a brief interview after a roundtable discussion with Gov. Rick Snyder on Michigan’s efforts to sell itself.

Ad Loading...

In a separate interview on Wednesday, Fields called the transition smooth.

He said July auto sales were looking positive. “I think it’s going to be a good month,” he said.

Ford said he talked to Mulally before he joined the board of Google less than two weeks after retiring from Ford. “I think it’s good for Alan. It’s good for us,” Ford said. “I think it makes all the sense in the world. … He’s also interested in all that stuff. Alan’s a very forward thinking person. I actually think he’ll have a lot of fun. He’ll have a lot to add to them to as well.”

Ford said the auto industry is going to continue to change rapidly and that it is much better prepared for an inevitable economic downturn. “It’s going to change dramatically as we go forward — in terms of the types of jobs — even what mobility means will be completely refined in the next 20 years,” Ford said.

He said the automaker will be extremely careful before building another auto plant in the United States. “We are adding jobs and one of the things we’re not doing a lot of is new bricks and mortar, but we’re adding more people. … We are a growing company. We’re growing in people. We’re growing in revenues. We’re growing in profitability,” Ford said. “It’s not to say we won’t ever do it either but we’re very cognizant of the fact that we need to fill up our existing facilities before we add new bricks and mortar.”

Ad Loading...

But the company is “conservative too. We want to make sure that this is sustainable.”

More Industry

Group photo of men outside storefront.
Industryby Hannah MitchellMay 28, 2026

Pennsylvania Dealership Under New Retailers

The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.

Read More →
Hallway with lockered wiring and computer
Industryby Lauren LawrenceMay 28, 2026

Battery Storage Takes Priority Over EVs

U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.

Read More →
Gray-scale photo of a line of Mini cars in a dealership parking lot
Industryby Hannah MitchellMay 27, 2026

Auto Dealers Feel Better But Not Great

A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.

Read More →
Ad Loading...
Closeup photo of the front of a white car
Industryby Hannah MitchellMay 21, 2026

New-Vehicle Sales Picture Relative

A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.

Read More →
Nissan logo on front of building
Industryby Lauren LawrenceMay 21, 2026

Auto Group Acquires Third Nissan Rooftop

Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.

Read More →
Couple talking with auto salesman next to new car inside dealership
Industryby Hannah MitchellMay 20, 2026

April Less Affordable

Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.

Read More →
Ad Loading...
Wooden people figures of different colors in a row, similar to board game pieces
IndustryMay 20, 2026

Building an Extraordinary F&I Agency

Work to determine your specialized talent, because that fact will determine everything about your agency’s future.

Read More →
Ingredient card, policies and procedures, fixed operations, variable operations, data security, audit
Industryby Jim GantherMay 19, 2026

Recipe for Compliance

The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.

Read More →
Photo of new Chevrolet Bolt parked on a beach
Industryby Hannah MitchellMay 14, 2026

EVs Getting More Attractive

A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.

Read More →
Ad Loading...
Benchmark bar graph showing April 2026 EV Sales
Industryby Lauren LawrenceMay 14, 2026

EV Sales Drop in April Following Surge

North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.

Read More →