Ford CEO says 2015 is breakthrough year for US carmaker

Article by Christian Andrei, on December 16, 2014

Mark Fields, chief executive of Ford Motor Co., is confident that 2015 will be “a breakthrough year” for the carmaker following a slew of vehicle launches this year. “Our investments are going to be paying off,” Fields remarked. Ford launched 23 vehicles this year, including its two most precious nameplates -- the Mustang and F-150.

Next year, Ford will have 16 vehicle launches. Ford is also planning to launch 12 performance vehicles globally by 2020 under its new Ford Performance division. The first vehicle up for rollout is the Ford Focus RS, which is a step above the ST model.

The Ford Performance division integrates the carmaker’s racing, performance vehicles and parts divisions and will be working from its global engineering centers and its new technical center in Charlotte, N.C.

Ford, Magna International and Verizon Telematics will contribute $2 million to a new technology incubator in Detroit -- Techstars Mobility -- that will support 30 startups focused on mobility over a three-year period.

The carmaker’s Executive Chairman, Bill Ford, remarked that he wants the company to be involved in developing mobility technologies of the future. He quipped that the incubator will give “an injection of new thought into the auto industry.”

Topics: ford, ceo

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The renowned Shelby Super Snake is now 50 years old! As we greet the Super Snake a “happy birthday” or a “happy anniversary,” Shelby itself is celebrating half a century...
by - January 23, 2017
Nearly a year after the Subaru XV Concept was unveiled at the 2016 Geneva Motor Show in Switzerland, this SUV study is making its North American debut at the 2017...
by - January 23, 2017
It looks like Porsche will be very busy throughout 2017 as it prepares for the eventual launch of its two new models this year – the 2017 Porsche 911 GT3...
by - January 23, 2017
Volkswagen Group’s dieselgate saga continues, but it appears the German company would be able to get out of trouble, but it would not be unscathed. This development comes as Volkswagen...
by - January 22, 2017
When a car has been in the market for nearly six years, it loses some of its luster and its customers tend to go for the all-new model with a...
by - January 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries