Latest Jim Hackett News

FILE - In this March 28, 2018 file photo, Jim Farley, Jr. executive vice president and president of Global Markets of the Ford Motor Company, is shown in this photo during New York International Auto Show.  Farley will lead the storied automaker into the future starting Oct. 1 2020, when current CEO Jim Hackett retires. The company has struggled in recent years and is in the midst of an $11 billion restructuring plan designed to make it leaner and crank out new vehicles to replace what was an aging model lineup. (AP Photo/Richard Drew, File)

Ford COO Jim Farley to lead company, CEO Hackett to retire

Aug. 4, 2020 8:35 PM EDT

DETROIT (AP) — Jim Farley will lead Ford Motor Co. into the future as the global auto industry faces a new era of autonomous and electric vehicles. The company named Farley, 58, as its new CEO effective Oct. 1, replacing Jim Hackett, who will retire after three years at the helm. Farley, who has been with...

Ford Chief Operating Officer Jim Farley to take CEO spot effective Oct. 1; Jim Hackett to retire.

Aug. 4, 2020 9:01 AM EDT
DETROIT (AP) — Ford Chief Operating Officer Jim Farley to take CEO spot effective Oct. 1; Jim Hackett to retire.
In this June 9, 2020, photo, two employees, work the box office and concessions, in masks, for a showing of The Goonies at the historic Hollywood Theater in Pittsburgh, in its fifth day in operation since COVID-19 forced most indoor theaters across the nation to close mid-March. (AP Photo/Lindsey Bahr)

Rocky business restart and an enticing offer for MLB

Jun. 25, 2020 8:59 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ OUT & ABOUT: Restaurants, professional sports and movie...

In a photo from, Wednesday, June 24, 2020, the new 2021 Ford F-150 truck is photographed in Ferndale, Mich. Six years ago, Ford bet big on the top-selling vehicle in America, rolling out a radical new version of the F-Series pickup with a lighter aluminum body instead of steel. Now it's time for another revamp, and Ford is playing it safe. On the outside, the truck changes little. The biggest differences are a gas-electric hybrid version, internet connectivity, and a revamped interior that turns the truck into more of a rolling office or even a place to nap. (AP Photo/Carlos Osorio)

Ford plays it safe with revamped F-150, focuses on interior

Jun. 25, 2020 8:41 PM EDT

DETROIT (AP) — Six years ago, Ford made a Texas-size wager on the top-selling vehicle in America, rolling out a radical new version of the F-Series pickup with a lighter aluminum body instead of the customary steel. Now it’s time for another revamp, and Ford is playing it safe with the...