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Ford CEO Mark Fields has been Fired.
5/22/2017 | taildragger

Posted on 05/22/2017 2:52:48 AM PDT by taildragger

Freepers many sources of which I will link too, it broke here on local Radio and TV. Some are FR not approved so will be links only.


TOPICS: Breaking News; Business/Economy; US: Michigan
KEYWORDS: automakers; automobileindustry; ceo; fired; ford; fordmotor; markfields
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1 posted on 05/22/2017 2:52:48 AM PDT by taildragger
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To: taildragger
http://www.detroitnews.com/story/business/columnists/daniel-howes/2017/05/22/ford-names-hackett-ceo/102001432/
2 posted on 05/22/2017 2:53:24 AM PDT by taildragger (Do you hear the people singing? The Song of Angry Men!....)
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To: taildragger
http://www.businessinsider.com/r-ford-to-replace-ceo-mark-fields-with-james-hakett-forbes-2017-5
3 posted on 05/22/2017 2:53:54 AM PDT by taildragger (Do you hear the people singing? The Song of Angry Men!....)
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To: taildragger
http://www.thedrive.com/news/10484/ford-ceo-mark-fields-fired-report-says
4 posted on 05/22/2017 2:54:23 AM PDT by taildragger (Do you hear the people singing? The Song of Angry Men!....)
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To: taildragger

2.58% pre-market stock price bump.


5 posted on 05/22/2017 3:14:37 AM PDT by jimnm
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To: jimnm

Jimmn, Thanks....


6 posted on 05/22/2017 3:16:01 AM PDT by taildragger (Do you hear the people singing? The Song of Angry Men!....)
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To: taildragger

I suppose they found out that Fields is a supporter of Trump, or was there a rumor sent around that he is.


7 posted on 05/22/2017 3:48:32 AM PDT by equaviator (There's nothing like the universe to bring you down to earth.)
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To: equaviator

Be that as it may, Ford suffered under him with a net drop in share price of -%40.


8 posted on 05/22/2017 4:04:10 AM PDT by Fhios
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To: taildragger

What, did someone catch him reading a Bible in his office?


9 posted on 05/22/2017 4:11:19 AM PDT by SoFloFreeper
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To: taildragger

Are the Russians responsible?


10 posted on 05/22/2017 4:14:10 AM PDT by FreedomGuru (Wall- Yes, PP -No, NPR-No,PBS-No)
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To: taildragger
He should of stuck to selling cars and stayed way from political stands.
11 posted on 05/22/2017 4:22:19 AM PDT by Lockbox
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To: taildragger

Interesting. Thanks for posting.


12 posted on 05/22/2017 4:35:34 AM PDT by PGalt
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To: PGalt

Your Welcomed PGalt...


13 posted on 05/22/2017 4:49:45 AM PDT by taildragger (Do you hear the people singing? The Song of Angry Men!....)
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To: taildragger

Next to get canned should be Jeff Immelt of GE, who has driven that company’s stock to the ground.


14 posted on 05/22/2017 4:56:30 AM PDT by aquila48
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To: taildragger

Winning?


15 posted on 05/22/2017 5:31:03 AM PDT by Ciaphas Cain (I don't give a damn about your feelings. Try to impress me with your convictions.)
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To: Fhios
Be that as it may, Ford suffered under him with a net drop in share price of -%40.

Killing off the Ranger and raising their base-model pickup's MSRP to over $27,000 didn't help, I'm sure.

16 posted on 05/22/2017 5:50:01 AM PDT by IYAS9YAS (An' Tommy ain't a bloomin' fool - you bet that Tommy sees! - Kipling)
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To: taildragger

A bit off topic, but does anyone here remember the Galaxie model that was made by Ford in the 1960s? One vintage car dealership in my locale some years back had a red 1964 one up for sale and it was just a gorgeous looking car. Any opinions on it concerning how it drove, etc?


17 posted on 05/22/2017 6:20:11 AM PDT by OttawaFreeper ("If I had to go to war again, I'd bring lacrosse players" Conn Smythe)
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To: OttawaFreeper

My Grandpa had one close to that year- a ‘64 or ‘65 in dark green that he intended to keep until he died. Unfortunately some time in the late eighties some gal was flying through a parking lot at an estimated 50mph as he was backing out and completely creamed it.

I remember going places in it when I was a kid and thinking it was a cool car.


18 posted on 05/22/2017 6:28:49 AM PDT by Flying Circus (God help us)
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To: taildragger; All
News Conference broadcast via the web @ 9:45am EST. Link below

http://jpitel.com/FordNewsConference

19 posted on 05/22/2017 6:30:56 AM PDT by taildragger (Do you hear the people singing? The Song of Angry Men!....)
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To: taildragger

Ford stock price has not done much for many years. I owned it in 2009 and it more then tripled to nearly $19 from where I bought it. Then it went up and down between $12 and $18 till 2014 when I sold it and bought better stocks and did much better.


20 posted on 05/22/2017 6:33:13 AM PDT by minnesota_bound
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