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Ford moves to trim its ranks as its CEO faces test

Investors are questioning the leadership of its chief executive Mark Fields as Ford's stock has declined about 40% since he took over three years ago, and 10% since Jan 1

Published Thu, May 18, 2017 · 09:50 PM

Detroit

IT was not long ago that Ford Motor Co was considered the healthiest of the Detroit carmakers.

Unlike General Motors and Chrysler, Ford survived the financial crisis that began in 2007 without the help of bankruptcy or a government bailout, and had appeared well positioned to take advantage of the booming US vehicle market.

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