• AP Source: Ford replaces CEO in push to transform business

    DETROIT (AP) — Ford Motor Co. is replacing CEO Mark Fields amid questions about its current performance and future strategy, according to a person familiar with the situation.

  • Ford to cut 1,400 jobs in North America, Asia

    DETROIT (AP) — Ford — facing heavy costs for new technology and slowing U.S. car sales — is cutting 1,400 non-factory jobs in North America and Asia Pacific this year in an effort to boost profits and rescue its sagging stock price.