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Inside this issue
Mulally Won't Be a Stranger to Ford, Plans to Advise CEO
7 Automakers Fixing Vehicles for Air Bag Problems as Industry Breaks Record
GM Creates 'Excellence' Post, Names New N.A. Manufacturing Head
Fiat Chrysler Automobiles Names First Members to Board
Ford to Reveal New Vehicle Today
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Top Stories
Mulally Won't Be a Stranger to Ford, Plans to Advise CEO

Ford Motor Co.'s outgoing Chief Executive Officer Alan Mulally said he'll continue to advise his successor, Mark Fields, and remain in touch with the company after he steps down next month. “I'm going to stay close to Ford going forward,” Mulally said in an interview with Matt Miller on Bloomberg Television. “Mark would like to call me and I said, Absolutely, any time.” Mulally, 68, declined to reveal what else he'll do after retiring from the second-largest U.S. automaker. Last month, Ford said Mulally had decided to depart six months earlier than planned to make way for Fields, 53, chief operating officer and a 25-year veteran of the company. Mulally has been lining up a corporate position, probably as a board director or chairman, people with knowledge of his plans have said.
Source: Bloomberg
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7 Automakers Fixing Vehicles for Air Bag Problems as Industry Breaks Record

Seven major automakers — including Ford Motor Co., Chrysler Group LLC and Toyota Motor Corp. — said Monday they will repair vehicles linked to faulty air bags that could explode and cause serious injuries. The repairs — which also include Nissan Motor Co., BMW AG, Honda Motor Co. and Mazda Motor Co. — come after the National Highway Traffic Safety Administration convened a June 13 conference call with automakers in which it pressed them to recall vehicles connected to air bag inflaters built by Takata Corp. It appears that with the new repairs — more than 2.1 million in total linked to the air bag glitch being classified as recalls by NHTSA — automakers have broken the all-time record for most vehicles recalled in a single year in the United States.
Source: The Detroit News
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GM Creates 'Excellence' Post, Names New N.A. Manufacturing Head

General Motors is moving North American manufacturing chief Gerald Johnson to a newly created "operational excellence" post reporting directly to CEO Mary Barra. He will be replaced by former labor negotiator Cathy Clegg, GM said [Monday]. Johnson, 51, will "focus on process discipline, improvement and waste elimination," GM spokesman Bill Grotz said. He will oversee the company's broader deployment of Design for Six Sigma, a business process used across industries to improve product quality and better meet customers' needs.
Source: Automotive News

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Fiat Chrysler Automobiles Names First Members to Board

Fiat has named the first three directors for Fiat Chrysler Automobiles, in a merger plan filed with the Turin Companies Register in Italy, a regulatory arm of the Italian chamber of commerce. The combined automaker, whose legal existence must be approved by Fiat shareholders before the end of September, said the first three directors are Sergio Marchionne, CEO of Fiat Chrysler Automobiles; Richard Palmer, CFO of both Chrysler and Fiat; and Derek James Neilson, chief manufacturing officer of CNH Industrial, a farm and industrial equipment manufacturer. Fiat said additional directors will be appointed later this year at a shareholder meeting. Both Fiat and Chrysler still have separate boards.
Source: Detroit Free Press
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Ford to Reveal New Vehicle Today

Reporters from across North America are in Dearborn today for an overview of the automaker's 2015 model lineup. Also on the agenda is the unveiling of a new vehicle. The Detroit Free Press can reveal full details at 6 p.m. Ford is in the midst of its most aggressive launch schedule in decades, introducing 16 vehicles in North America this year compared with five in 2013. Ford is launching 23 new vehicles globally this year.
Source: Detroit Free Press
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"I've fallen in love with Ford, it's a great company."  

    -- Ford's outgoing CEO Alan Mulally, Bloomberg, June 24

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