Ford CEO says 2015 is breakthrough year for US carmaker

Article by Christian A., 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

Recommended

South Korean carmaker Kia will try to follow up the success of its Sportage compact sports utility vehicle by introducing a smaller SUV (subcompact) in the United Kingdom in the...
by - October 18, 2017
It can no longer be denied that Jaguar Land Rover wants to design some more hardcore type versions of their SUV range --- soon after launching the Discovery SVX only...
by - October 18, 2017
Motorists in the United Kingdom who intend to purchase the new 2018 Hyundai Kona subcompact sports utility vehicle could start placing their orders on November 2, 2017. Marked by Hyundai...
by - October 18, 2017
For many years, Lamborghini has always relied on the use of large and powerful engines including the V10 and the V12. In fact, the company’s very first engine in the...
by - October 17, 2017
You can now get the Opel Crossland X that’s LPG-powered if you are not a fan of diesel. Recently, the company released their version of the Peugeot 2008 equipped with...
by - October 17, 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