Tagged: Ford Motor Company

Ford Motor Company launched the new Fusion today - in five different cities.

The big splash highlights the importance of the car to Ford.

More people buy midsize cars in the U.S. than any other size-- and midsize cars are becoming more popular in other regions of the world, too.

Ford wants to topple the dominant player, the Toyota Camry --and says the new Fusion will make even further inroads.

Ford Motor Company CEO Alan Mulally says he has NOT told his company's board when he will retire-- contrary to recent media speculation.

Mulally's retirement date is an obsessively pursued story in the auto press.

Bloomberg, Reuters and the Wall Street Journal especially are all vying to be the first to get it right.

Bloomberg said last week that the Board of Ford Motor Company was poised to promote Mark Fields, Ford's President of the Americas.

Three days after Bloomberg was the first to break the news that  Ford's Board may promote Mark Fields to Chief Operating Officer, and that CEO Alan Mulally is to retire at the end of 2013, Reuters' Bernie Woodall and Deepa Seetharaman report this:

DETROIT (Reuters) - Ford Motor Co's (F.N) board of directors is considering keeping Chief Executive Alan Mulally involved with the No. 2 U.S. automaker after his retirement as nonexecutive chairman, a person familiar with the matter said on Thursday.