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Ford CEO is replaced on grounds Ford falling behind on autonomous (electric) vehicles

2978 Views 15 Replies 11 Participants Last post by  Ladogaboy
Last Friday the Board of Ford Motors replaced Mark Fields, the CEO of Ford. The complaint seems to have been that Ford is falling behind on autonomous vehicles, which, because you need a lot of power for the autonomous electronics, also means electric vehicles. Fields was replaced by the previous head of autonomous vehicles, suggesting the putative reason for the dismissal was the actual reason.

Though very knowledgeable, Fields was out front in the effort to get the Trump Administration to roll back the CAFE standards, and he was not exactly a supporter of electric vehicles. So really not terribly forward thinking. (I simply don't understand why the car companies are so hot to alienate their future customers by blocking climate change mitigation measures. Seems insane.)

For electric vehicles this is probably a big win since not only will Ford be more focused on electrics, that focus and the shakeup at Ford may send a message to other companies.
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Had to make Mary Barra feel good that she was being used as a yardstick. At the same time, she should not rest on her laurels. I suspect she isn't. Don't forget she was working on the Bolt EV almost on the heels of the Volt Gen 1 release. Her team is likely working on another EV or EREV as we speak...
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