Tag: Jim Hackett

October 1, 2020

Ford Motor’s new CEO Jim Farley is shaking up the company’s top ranks and restructuring operations as the automaker struggles to bolster shareholder confidence and stay relevant in an increasingly competitive market. Farley, who succeeds Jim Hackett, is streamlining operations […]

November 18, 2019

Ford Motor Co. is reinventing one of its marquee models — the Mustang muscle car — as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade. In a […]

October 21, 2019

DETROIT — Ford Motor Co.’s Jim Hackett and Wall Street analysts started this year frustrated with one another. Sure, the automaker had been underperforming, but the CEO appealed for time to show he was fixing things. He assured them the […]

June 13, 2019

Volkswagen Group is nearing a deal to cooperate with Ford Motor Co. on electric-car technology and self-driving vehicles, according to VW CEO Herbert Diess, who also called for a faster transformation of the German manufacturer. Talks with Ford are “progressing […]

January 24, 2019

Ford Motor Co. (IW 500/3) descended into the red in the final three months of 2018, dragged down by deeper deficits overseas and a loss on its pension fund. The automaker reported a net loss of $116 million for the […]

November 15, 2018

Volkswagen’s supervisory board is scheduled to meet on Thursday to review a 10-year strategic plan by Chief Executive Herbert Diess that is expected to propose using alliances with rivals to cut development costs for electric and autonomous vehicles and potentially […]

September 26, 2018

Ford Motor Co. (IW 500/3) Chief Executive Officer Jim Hackett encouraged the Trump administration to resolve trade disputes quickly or it could do “more damage” to his company, which is already suffering losses from tariffs imposed by President Donald Trump. […]