Detroit Auto Show: Ford CEO will retire when not having fun

By Peter Chubb - Jan 12, 2010

Alan Mulally, Ford CEO has been talking at the Detroit Auto Show, saying that he will only retire from his job when he gets bored with it. And he would not move to another automaker. Mulally is far from being bored, as Ford is on track for an amazing comeback in 2010.

Alan Mulally joined Ford back in 2007, after being lured away from Boeing; he must have liked their offer as he had been with the Boeing for 37 years. He was a little apprehensive at first but told Reuters that he has grown to love the Detroit based carmaker.

There have been a number of rumors that Mulally had been approached by GM, he was asked to comment on this, in which he replied, “I love Ford.” We have to wonder why the CEO would want to leave Ford considering their recent success.

Reuters reports that Ford had lost $30 billion from 2006 through to 2008, but its recent turnaround has put them on target for “solidly profitable” in 2011. The Blue Oval knows that they have to concentrate on their small to mid-size car lineup, as these are the models that will appeal to consumers the most this year.

Ford has already had a great start to the North American International Auto Show, they have taken Car and Truck of the Year, and have announced a great lineup for the future, will this resurgence carry on, only time will tell.

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Also See: Small cars at 2010 North American International Auto Show