10:28 am
Thu May 1, 2014

New Ford CEO to Take Over July 1

Alan Mulally stepping down after eight years as company's CEO
Dearborn — Ford Motor CEO Alan Mulally will retire July 1 and the company's No. 2 executive Mark Fields will take the helm, the Dearborn automaker announced Thursday.
4:09 pm
Mon May 6, 2013

Auto companies fall on Fortune 500 list, SW Michigan companies move up

GM is now in seventh place instead of fifth. Ford Motor company was also moved down in rank on the Fortune 500 to tenth place. But Kellogg moved up 13 spots to number 192, and Stryker bumped up from 308 to 305.
Washington - Wal-Mart Stores Inc. retook top spot on the Fortune 500 rankings of largest U.S. companies from Exxon Mobil as two U.S. automakers fell. General Motors Co. slid from fifth to seventh. GM fell behind Warren Buffett's Berkshire Hathaway, which rose from seventh to fifth, and Apple Inc., which rose from 17th to sixth as its revenue jumped by 45 percent in 2012.