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Will Detroit Benefit From the Automotive IPO Trend?
Friday, June 3, 2011 - 11:00am | 508There's a new trend for Detroit businesses: IPOs. It began last November when Reuters reported that the beleaguered automotive corporation General Motors (NYSE: GM) had the largest IPO on record, raising over $20 billion. According to The Detroit News, Delphi intends to follow suit, as the...
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Alan Mullaly: I'm Not Going Anywhere (F)
Thursday, May 12, 2011 - 11:23am | 109Do not worry Ford (NYSE: F) investors. CEO Alan Mulally isn't going anywhere. The CEO of the automaker met with reporters at the company's annual shareholders meeting in Wilmington, Delaware, and said that he did not plan to go anywhere, and that he was pleased with the way the company has turned...
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Ford's Alan Mulally: Upgrades Drive Per-Vehicle Profits (F)
Tuesday, April 26, 2011 - 12:37pm | 133Speaking to CNBC this afternoon, Alan Mulally, the CEO of Ford Motor Company (NYSE: F), said that upgrades – such as SYNC, heated seats and other luxury items – are driving the automaker's per-vehicle profit. “Whether they buy a Fiesta or an F-150, [consumers] want the best” in quality, Mulally...
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Bloomberg: Ford CEO Alan Mulally Says Rising Oil Prices Are a Challenge To Growth (F)
Tuesday, April 26, 2011 - 9:39am | 39Alan Mulally, CEO of Ford (NYSE: F), told Bloomberg this morning that rising oil prices are a “challenge to growth.” Mulally also said that the company is addressing near-term quality issues.
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Factors To Consider For Ford's Russian Sales / OAO Sollers Deal To Function As A Distribution Channel For All Ford Vehicles In Russia (F)
Tuesday, March 1, 2011 - 9:54am | 428Earlier this year, Ford Motor Company (NYSE: F) announced a 50-50 partnership with Russian automaker OAO Sollers. Alan Mulally, the CEO of Ford, told Bloomberg this morning that the partnership will allow the company to accelerate its introduction into the Russian marketplace. "The idea is that we...
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Ford's Alan Mulally: Dividends Are About Creating Shareholder Value
Friday, January 28, 2011 - 1:40pm | 239“Clearly a dividend is about creating shareholder value,” Alan Mulally, CEO of Ford Motor Company (NYSE: F), said this afternoon. Mulally spoke to CNBC about the company's earnings, which were below Street expectations ($.30 vs. $.48 consensus). “Clearly it was a terrific quarter for Ford,” Mulally...
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Ford's Alan Mulally: "We Continuously Improve Every Year"
Thursday, January 13, 2011 - 5:03pm | 507This week, Ford Motor Company (NYSE: F) showcased the C-Max, one of 10 models in the company's new line of small vehicles. But whether you're interested in a Focus, a Mustang convertible, or a fully-loaded Explorer, President and CEO Alan Mulally promises one thing: the company will not rest on its...
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Benzinga Exclusive - Interview with Ford CEO Alan Mulally: Ford Has a Car for Everyone
Thursday, January 13, 2011 - 4:54pm | 844Welcome to Zing Talk, where Benzinga brings you the biggest names and brightest minds from Silicon Valley to New York City. Direct Download Subscribe in iTunes Today, Benzinga's Jason Raznick sat down with Alan Mulally, CEO of Ford Motor Company (NYSE: F), at the North American International...
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Alan Mulally Comments On Ford Results
Friday, July 23, 2010 - 7:25am | 151"We delivered a very strong second quarter and first half of 2010 and are ahead of where we thought we would be despite the still-challenging business conditions," said Ford (NYSE: F) President and CEO Alan Mulally. "We remain on track to deliver solid profits and positive Automotive operating-...
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Ford Reports Blowout Results
Friday, July 23, 2010 - 7:20am | 134Ford's (NYSE: F) Alan Mulally spoke to CNBC's Squawk Box this morning about Ford's blowout results. Mulally said the spectacular results come from Ford's focus on quality and bringing out new, innovative products. Ford Credit actually reported a second quarter pre-tax operating profit of $888...
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Is Ford Winding Down Mercury? (C, F)
Friday, May 28, 2010 - 12:19pm | 200Bloomberg News reported yesterday that Ford (NYSE: F) may be preparing to wind down its Mercury brand. Today, CEO Alan Mulally told analysts that he had nothing to add regarding the reports, but he did say that Ford (F)continues to look closely at its portfolio of brands and consider strategic...
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Ford On The Path Of Profitability (F)
Friday, May 14, 2010 - 10:01am | 100Ford Motor Co. (NYSE: F) posted a profit in 2009. Ford’s chief executive officer, Alan Mulally, has expressed his confidence that the company will continue its performance. He said, “We expect to see continued improvement in 2011, We’re clearly on a path now of profitable growth.” He also said the...
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Ford Plans to Conquer Debt
Wednesday, March 31, 2010 - 2:46pm | 98Ford (NYSE: F), along with other key automakers, are in debt due to the economic crash. However, CEO Alan Mulally expects to be out of debt sooner than they planned. Ford is well on its way to recovery, as its financial status is improving in a manner that has them set to profit this year and the...
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Ford (F) CEO Satisfied With Q4 Performance, Claims On CNBC
Thursday, January 28, 2010 - 3:40pm | 111Ford (NYSE: F) posted good Q4 financial numbers. It also completed the first profitable year since 2005. Ford posted an EPS of $0.25 for Q4. Its pre-tax operating profits for the quarter are at $696 million. Talking with CNBC's Phil Lebeau, Ford CEO Alan Mulally expressed his satisfaction with...
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Ford’s (F) Turnaround Brings Accolades For CEO Mulally
Thursday, January 14, 2010 - 1:18pm | 176Ford Motor Co. (NYSE: F) Chief Executive Officer Alan Mulally, whose company gained market share in the U.S. last year while his domestic rivals went bankrupt, is the toast of the North American International Auto Show this week. At the opening press conference Jan. 11, Mulally walked onto a stage...