"The future is not a fantasy. It's not where Bill [Ford] and I are making things up. We talk to lots of people around the world who are really smart. We're triangulating all of these forces to try to come up with a competitive set, to figure out where we're gonna play and how we're gonna win," said new Ford CEO Jim Hackett during a press conference.
Fiat has updated the slow-selling 500L. The people-mover gets a new look that's more rugged, more standard equipment, and additional tech features. As of writing, the updates only apply to the 500L sold in Europe.
"We had a board meeting on Friday. After that, Mark and I got together and we decided it was the right time for him to resign. Only at that point did we activate Jim [Hackett] as CEO," said executive chairman Bill Ford during a press conference.
Jim Hackett has replaced Mark Fields as Ford CEO. Reports say Fields was ousted, but the company explains he unexpectedly retired. 62-year old Hackett will work with executive chairman Bill Ford to turn the Blue Oval from a car manufacturer to a mobility provider.
The brand-new Toyota Camry has received the TRD treatment in Japan. It gets a full body kit that gives it a more muscular appearance, and bigger wheels wrapped by low-profile tires. The Camry TRD likely won't reach our shores, however.