Showing posts with label Alan Mulally. Show all posts
Showing posts with label Alan Mulally. Show all posts

Saturday, January 8, 2011

The Electric Future of Ford

“Electrification is now a core competency for Ford”- Bill Ford





Yesterday, Ford Motor Company’s CEO Alan Mulally revealed Ford’s 2012 Focus Electric at the Las Vegas Consumer Electronics Show (CES). Simultaneously, there was a press event in New York City featuring Bill Ford, Executive Chairman of Ford Motor Company who spoke about the future of Ford’s electric vehicles.

Ford Motor Company is aware that customers are shopping around and educating themselves when deciding which vehicle to purchase. In order to differentiate the brand from competitors, Ford realizes that they need to give their customers a variety of options and choices. Because of this, Ford has plans to manufacture 5 different electric vehicles by 2012 in North American markets as well as European. (The first Ford electric vehicle was the Transit Connect Electric.) *

The company wants to be “a leader in fuel economy in every segment”, not just targeting demographically those who can afford expensive high-end vehicles. In order to accomplish their goal of becoming a leader in the electric vehicle market, Ford plans to house the assembly of these vehicles in one Plant in Wayne, Michigan. About this move, Bill Ford remarked, “We are investing more dollars to design, develop, and build electrified vehicles…we are working to create a center of electrification, bringing much of the work in-house.”*

Here is a summary of what you can expect from the 2012 Ford Focus Electric:

• Entirely powered by a 23kWh lithium-ion battery pack
Little if not any C02 emissions
100 miles on a full charge
• Will be able to be charged within 3 to 4 hours (1/2 the time of competitors)
• Will use a 240v at home charging station as well as have the option of charging stations on the road
• Top speed of about 84 mph
Instant torque
• The interior of the car, more specifically the seats, are made from 100% sustainable materials. Actual recycled blue jean fabric will be used for insulation.
• Ford will be partnering with Best Buy and the Geek Squad to make an set up of the charging station easy
Convenient and removable charging unit

Ford also unveiled My Ford Mobile. This is an application for smart-phones which will be free for users for the first 5 years of vehicle ownership. What you can expect from this application:

• The ability to access controls and settings of your vehicle with the touch of a button
• Be able to see how many gallons of gasoline and lbs of C02 you have saved
• The application will learn your driving style and apply the information to help the driver make more calculated decisions
• The owner will be able to start charging their vehicle at home just by using their phone
MapQuest will work with SYNC to map out charging stations and you will be able to save your favorites on the app
• Reward features such as receiving Foursquare badges and Xbox live credit

This is the future of the automotive industry. The consumers are ready for a change and Ford is stepping up to the plate and giving them what they are asking for. Mulally predicts that in 10 years,1/4 of global auto sales will be from electric vehicles.** The Focus Electric will be in dealerships later this year. For now I will leave you with this last quote from Mulally:

“Drive a Ford, feel the difference”- Alan Mulally

* Press Coverage of Event

** Automotive News

Friday, November 19, 2010

Fortune's Businessperson of the Year Award - Winner Announced

The title of Fortune’s Businessperson of the Year for 2010 can now proudly claimed by Netflix’s CEO, Reed Hastings.

The rising success and expansion of Netflix has not gone unnoticed by the world. Every major player in the electronics industry is trying cash on the Netflix sensation by integrating the technology in their products (ex. Nintendo Wii, Sony PlayStation, etc.). Stock in Netflix has risen more than 200% since January of this year and Netflix is one major contributor as to why Blockbuser declared bankruptcy *. These are just some of the reasons why Fortune has named Reed Hastings Business Person of the Year.

While Hastings won the official title, he only ranked 3rd in the Reader’s Choice portion of the competition. Alan Mulally placed first from the reader’s votes and placed second overall from Fortune.

One thing is clear, Alan Mulally has made a huge impact on Ford over the past year and the people have noticed.

For the official word on the standings, follow the article from Fortune below.

* http://bit.ly/9bLe9N

Thursday, November 18, 2010

Alan Mulally- Reader's Choice Winner of Fortune's Busniessperson of the Year

Today, Fortune will announce their official Businessperson of the Year. As mentioned in one of our previous posts, Mulally made it to the final round of the competition where he was matched up against Apple’s CEO Steve Jobs. With an astounding 94% of the reader’s votes, Mulally is named the winner of the Reader’s Choice. This is only one factor that Fortune will use to determine who will win the coveted title of Businessperson of the Year.

Stay tuned to hear who wins the official title.

For Fortune’s full article on this victory please follow the link below.

bit.ly/bLW4VH

Thursday, November 4, 2010

Vote Ford's CEO Alan Mulally Businessperson of the Year!

Ford's CEO Alan Mulally has made it to the final round in Fortune's contest which awards one exceptional business leader the title, Businessperson of the Year 2010. Mulally faces off against Apple's CEO Steve Jobs. While Steve Jobs represents a company that thrives on innovation, Mulally has proven that Ford is a company that cannot be stopped.

In the first round of the contest Mulally beat out Mark Zuckerberg, the CEO of Facebook, with 64% of the votes compared to Zuckerberg's 36%.

In the second round, Mulally beat Michael Duke, the CEO of Wal-Mart, with an astounding 94% of the votes while Duke only held 6%.

In the third round, Mulally was up against Ellen Kullman. Kullman is the CEO of DuPont and she only received 25% of the votes while Mulally held 75%.

In the fourth round, Mulally blew Warren Buffett out of the water with 94% of the votes.

Other notable industry leaders that were featured in the competition were Bob Igler (CEO,Disney), Jeff Bezeo (CEO,Amazon), Reed Hastings (CEO,Netflix), Eric Schmidt (CEO,Google), and Lloyd Blankfein (CEO,Goldman Sachs).

The contest will conclude on Thursday November 18th. Please be sure to visit the link below and vote!

http://money.cnn.com/magazines/fortune/businessperson_year/2010/poll/index.html