Despite financial success, a lack of clarity about Ford's future, inability to inspire confidence in workers and indifference on Wall Street doomed Fields less than three years into his tenure.
Toyota Research Institute said it has teamed up with MIT Media lab and five other companies to explore blockchain technology for the development of driverless cars.
News that Mark Fields is out at Ford left surprised dealers with a common reaction. They want to know, 'Who is Jim Hackett?'
Unifor President Jerry Dias said he is not concerned about potential job cuts under new Ford CEO Jim Hackett, who oversaw about 12,000 layoffs during his tenure as the head of Steelcase Inc.
Joe Hinrichs, 50, head of the Americas for Ford, was named executive vice president and president, Global Operations.
The circumstances leading to the departures of Jacques Nasser and Mark Fields aren't exactly the same, but the execs' goals had some common threads.
BorgWarner said it had started production of a new dual clutch module family to be used in the latest transmission from ZF.
BMW expects its research and development budget, when measured as a percentage of sales, to rise in 2018, its CFO has told a German newspaper.
After a highly successful two years as head of Ford's European operations, Jim Farley moves back to the automaker's U.S. headquarters with a massively expanded set of responsibilities.
Renault and Peugeot reportedly have committed to increasing their orders from ailing components-maker GM&S Industry after their chief executives spoke with economy minister Bruno Le Maire, his ministry said on Sunday.
The first of Toyota's new Lexus LC luxury coupes for UK and Europe export went into production today (22 May) on an exclusive new assembly line in Japan.
Tips & advice
20 Aug, 2019
Less than half of drivers are aware of where to pull over safely when driving on a 'smart' motorway. Here's everything you need to know...
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22 May, 2017
Less than half of drivers are aware of where to pull over safely when driving on a 'smart' motorway
Analysts, experts and industry insiders responded quickly to the management shake-up atop Ford.
Features
22 May, 2017
Concerned about the mileage on a potential used buy? We present two cars with a combined total of 1.2 million miles
FCA US said it had formally filed an application for diesel vehicle emissions certification with the US Environmental Protection Agency (EPA) and the California Air Resources Board (CARB) for its 2017 model year Jeep Grand Cherokee and Ram 1500 diesel vehicles. These vehicles have updated emissions software calibrations.
As well as announcing that Jim Hackett takes over from Mark Fields as the company's new CEO, Ford has also announced a number of other senior management changes today.
Volkswagen's expensively assembled soccer team, VfL Wolfsburg, faces relegation from Germany's Bundesliga for the first time in 20 years, a move that could lead the automaker to reduce sponsorship as it grapples with its emissions crisis.
Volkswagen's expensively assembled soccer team VfL Wolfsburg face relegation from Germany's Bundesliga for the first time in 20 years, a move that could lead the automaker to reduce sponsorship as it grapples with its emissions crisis.
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