NEW YORK - Later today, Ford’s Investor Relations group is hosting a major session for Investors and Analysts to talk about our progress on the One Ford plan, but more importantly where we’re going over the next few years.
@Ford spoke with Alan Mulally about the importance of the day. Following is his interview, and then please check @Ford Online for information throughout the day.
Q: Why is this an important day for all of us at Ford?
A: This is not only an important day, but it is a very exciting day. All of our work for the last five years has been to put together a very comprehensive strategy that delivers on our compelling vision of serving all of our customers around the world with the best cars and trucks in the world. So we are now sharing where we are going to take the company over the next few years with a complete family of best in class vehicles and accelerate our service especially to our customers in the Asia Pacific region.
Q: What are we going to share with Investors and Analysts?
A: The neat thing is that this is exactly the same plan that we all put together about five years ago. And remember we knew the most important thing was to aggressively restructure to operate at the lower industry demand, but also the changing model mix to smaller vehicles. Also that we wanted to accelerate the development of all the new vehicles that people really do want and value with a complete family of best in class vehicles. And of course another key part of the plan was to refinance the plan with our home improvement loan and then repay our debt and improve our balance sheet, but most importantly to work together as a team worldwide. And what we’re getting a chance to share today are the results of all this work that we’ve done together. Because we are now positioned to serve our customers around the world with the very best cars and truck in the world and that’s what we’re sharing.
Q: What should our employees tell their friends and family about our news today?
A: I think all of us have a great story to tell. Ford not only survived but is creating an exciting viable profitably growing company. And now we get a chance to serve all the customers in all of the major markets around the world. Especially the growth areas in Brazil, in Russia, in India and in China – we’re going to be able to provide all of these fantastic Ford vehicles all on the same platforms quality, FE, and safety and provide them to all the consumers around the world. This is a very exciting day for everybody associated with our Ford.
Ford 2011 Investor Day
Alan Mulally, president and CEO
Lewis Booth, executive vice president and CFO
Mike Bannister, executive vice president, chairman and CEO, Ford Motor Credit Company
Mark Fields, executive vice president and president, The Americas
Jim Farley, group vice president, Global Marketing, Sales and Service
Derrick Kuzak, group vice president, Global Product Development
Tuesday, June 7 from 1 - 4 p.m. EDT
Ford Motor Company will hold its Investor Day in New York. The event will include presentations along with question and answer sessions. Senior management in attendance will be:
The presentations (listen-only) and supporting materials will be available on the Internet at www.shareholder.ford.com during the event.