Managing Automotive

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Managing Automotive

Ford ousts CEO as auto industry faces biggest transformation ever

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Ford ousts CEO as auto industry faces biggest transformation ever

In the latest sign that driverless cars and other revolutionary new technologies are shaking automakers to their roots, the chief executive of Ford Motor Co. just got tossed.

The replacement of Mark Fields with Jim Hackett, who had been running a new unit focused on cutting-edge transportation, is a big deal for Ford. But with the auto industry in upheaval, it’s only the opening act in a long-running drama that will roil the automakers for many years to come.

[Los Angeles Times]

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