1964 Ford Ranchero Base 2.8l on 2040-cars

Auto blog

Fiat boss Elkann being mentored by... Bill Ford?

Fiat Chairman John Elkann has been turning to an unusual source for advice on the car business. While speaking during an interview with The Detroit News, Elkann said he often asks Bill Ford Jr. for advice on how to proceed with the turnaround at Chrysler. "It's great to have the opportunity to share this with someone like Bill, who has experienced many things and gone through many things ... especially linked to Detroit." Elkann said.
As the Agnelli family heir, Elkann has inherited a long and fruitful friendship with the Ford family. While Giovanni Agnelli built his first Fiat four years before Henry Ford created his first vehicle, it was Ford that showed Agnelli the benefits of mass production and helped pave the way for what would become the Fiat empire.
Giovanni's grandson, Gianni, helped mentor Bill Ford when he was elected chairman of Ford Motor Company. Now, Ford is returning the favor by helping Elkann navigate the automotive industry's tumultuous waters.

Ford GT successor to debut in Detroit and go racing

Anticipation for all of the exciting reveals at the 2015 Detroit Auto Show just a few weeks away is building to a fever pitch, and rumors are mounting that Ford has a big surprise in store in the shape of a future performance halo model. Insider sources speaking to Autoweek claim the next Ford supercar is definitely going to be revealed at the Detroit show in early January. However, the model is not necessarily the next-generation Ford GT in terms of its name or design aesthetic. Instead, one of these people indicates that the new halo model might drop retro styling altogether. If the latest reports are to be believed, Ford's high-performance project goes beyond something to just grab headlines and rocket down the street. According to Autoweek, the automaker is also reportedly employing Chip Ganassi Racing to run a two-car racing effort in the Tudor United SportsCar Championship in 2016. That would allegedly include a trip to the 24 Hours of Le Mans to race on the 50th anniversary of the Ford GT40's win in 1966. The speculation goes that at least the racing version might use a twin-turbo EcoBoost V6 for power. However, the motorsports part of the program may not be announced during the auto show reveal. Rumors about the new halo car from the Blue Oval and its racing intentions have been percolating for months. The company might have considered an LMP2 entry, but speculation popped up later about the production supercar. A more recent report suggested that Ford might show a new Shelby GT350R Mustang, a successor to the F-150 Raptor and next Ford GT in Detroit.

Ford board OK with Mulally stepping down earlier

Ford's board is open to CEO Alan Mulally stepping down before his planned departure in 2014, inside sources are telling Reuters. Ford's plan of succession, aside from who would be his actual successor, has been something approaching common knowledge - the 68-year-old former Boeing exec had plans to stay through 2014. This was recently confirmed by Mulally himself on Bloomberg Television and in Automotive News.
Motivation for the about-face comes from what Reuters calls a "growing confidence" in the current crop of Ford execs, led by Mark Fields. Fields, Ford's current chief operating officer, has been tipped as Mulally's ultimate successor, although he's far from the only person with eyes on Ford's top job. Normally, Ford's board saying they're open to an executive, that's done very well for the company, stepping down early would be nearly unremarkable. It's the timing of this announcement, though, that makes this a big piece of news.
Recently, Mulally has been the subject of rumors that he's interested in taking the CEO position at tech giant Microsoft. The Redmond, Washington-based company's CEO, Steve Ballmer, told the media in August that he'd be retiring in a year's time. The fires were stoked when tech website AllThingsD speculated that Mulally would take the top spot, despite denials from the man himself. Could Ford's current boss become the new top dog at Microsoft? Will Mark Fields replace him? Could recently departed Renault exec Carlos Tavares land at Ford in some capacity? Let us know what you think below in Comments.