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

Blue and white RV parked on beach facing the ocean.
Industryby Lauren LawrenceSeptember 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industryby Hannah MitchellSeptember 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industryby Lauren LawrenceAugust 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...
Mitsubishi shadow line-up
Industryby Hannah MitchellAugust 25, 2026

Mitsubishi Unveils U.S. Plan

The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.

Read More →
Photo of a laptop, cellphone and eyeglasses on a desk next to an office window
IndustryAugust 24, 2026

Selling to Grow

The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.

Read More →
Mechanic holding a vehicle diagnostic device while standing above an open car hood
Industryby Hannah MitchellAugust 24, 2026

Recalled Vehicles Hit 5-Year High

Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.

Read More →
Ad Loading...
outside of car dealership with cars parked in front
Industryby Lauren LawrenceAugust 20, 2026

Auto Group Acquires Top-Performing Rooftop

Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.

Read More →
Cars from the rear on a Shanghai freeway
Industryby Hannah MitchellAugust 19, 2026

China as Pacesetter

Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.

Read More →
Orange BMW car on empty road.
Industryby Hannah MitchellAugust 14, 2026

BMW Concept Car Makes Fuel to Burn

The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.

Read More →
Ad Loading...
Six men standing for photo outside of car dealership
Industryby Lauren LawrenceAugust 13, 2026

South Carolina Auto Group Downsizes

Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.

Read More →
Ad Loading...