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Ford President of the America's Mark Fields on the new Ford F-150 and whether he'd be in line for CEO.
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Trend unveiling its 2000 -- truck of the year and it is the Ford F 150 if you haven't heard yet well.
Jeff Flock is at Ford's world headquarters Dearborn Michigan for the announcement joins us now fourth president of the Americas mark -- definitely it's -- yes this thank you.
You heard it first on the Fox Business Network we announced -- the forward.
F 152012.
Motor trend truck of the year they see that big red one back there nobody's happier.
The mark fields president of the Americas.
-- -- -- -- Well we're just really honored and humbled you know the entire -- team every -- they walk in the door.
-- thinking about how they make this truck better.
More capable more fuel efficient for customers so we're really really -- just personally went around and thanked every shook the hand of every member of the team some -- still left appear there's Derek actually your data primary element -- apparently he gets a special handshake.
And and -- the F 150.
Best selling truck of all time.
I looked at a list of best selling vehicles of all time right.
In the world -- its number two in the world well this year we're gonna cap for 35 year best selling truck.
In in in the in the country in the world.
And -- employees take a lot of pride in this this this.
Product is one of -- iconic products.
Every year they're looking to make it better in terms of fuel economy capability.
Because -- customers really use these trucks for tools things that teacher and now with that engine back here that may be Josie sent over there the engine.
That eco boost engine.
The -- power V6 fuel economy very good now we've got to move to the party unity -- -- but there you go.
He took and that's -- New York -- time isn't it they went last night if it's just kind of by the skin of their teeth.
Can you see that our guy David maybe Chris can see that that's New York Giants logo -- -- -- favorite president and high reliance.
Very well put.
Other than the tie you look like a CEO to a point launch rockets at -- these days about succession.
It's been widely.
Or talked about that Wendell Ford brought in Alan Mulally you kind of be ruled discouraged and he said he'll make you much -- next CEO and I would -- have done.
I know -- can't answer is that you're focused on the product.
Focus on today I would you rule out today ever be being the CEO for -- Well we really don't given a lot of thought we you -- -- -- -- -- -- we are all focused on continue to make progress on our one Ford plan.
It's work our employees take a lot of pride and we take a lot of pride -- -- so every day we're focusing on today we're not focusing on what's coming down the -- edition I was an executive -- tell your people make sure you know your successor -- And so course Ford would be foolish if they weren't thinking about it.
And but it was reported there's actually -- search going on.
Truthful while that's false you may have seen from our company statements that we do not have an external search going on we have not talked to external candidates.
You know we're focusing on the business and continue improving and that is our number one priority.
Alan look healthy doesn't -- very healthy very very -- but I will point out that when we did this two years ago the -- Truck -- it was such a car of the year was asked her to you Joseph.
You were here it was great there's a -- -- I understand coming out which is -- -- be very if anything at the Detroit auto show this year.
But -- was here for that.
I just see you here today.
Well Alan where we've -- we're here to celebrate with the team -- so Ford was here I saw that's that's pretty amazing -- but Allen was also very very proud of the team in terms of what we enable it to -- here and -- most proud for customers before you get away I wanna ask you though about the stock.
You just announced you're gonna have a dividend for the first time since 1000 to 2006.
-- That take -- closer to investment grade when you get to be investment grade essentially that means a big institutions want to find you again.
Well possibly I mean as we've said -- our role is to continue to improve the performance of the business.
We've been doing that the you know the rating agencies make their own choices on you know what -- do with credit ratings.
Our job is to make sure we continue to improve the business that we that they can make that decision but you know we're gonna cessation really really focused you.
Well it seems to be working I want to give our viewers can walk over would be this way because of -- Actually put that in your hands and may put some I don't call you carrier -- -- -- -- Very nice -- -- -- this will look good in the trophy case that we have in front of our product development facility where every employee can take a lot of pride when -- walked in the door.
I've interviewed mark fields a number of times over the course of time he sounds more like -- CEO today I I'm gonna catch hell for that I'm sure but being a fellow New Jersey -- -- probably giving -- -- there's a blow by the way.
Looking at -- right -- he's the editor of Motor Trend Magazine who named.
This truck to truck of the year so -- brand new editor of -- motor trend here while on the Fox Business Network as well guys and fun day.
Things get more well I like the way mark fields there hedge his bets with the lions in the giants good job he knows where is read his budget should run for president and it -- yeah exactly is very good that the -- your questions there is great thanks yes that's a beautiful looking truck and -- -- that new editor there at a red line yeah I don't like get a read one but it's a great truck now that a move after the sticks and Indian truck.
A rig the exactly -- look at for.
