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FORD APPOINTS JIM HACKETT AS CEO TO STRENGTHEN OPERATIONS

Jim Hackett named as Ford Motor Company president and CEO, succeeding Mark Fields, who is retiring. Hackett, who will report to Executive Chairman Bill Ford, is recognized as a transformational business leader   Hackett led Steelcase Inc.’s turnaround to become the world’s No. 1 office furniture maker, served as interim Athletic Director at University of Michigan and has led Ford Smart Mobility LLC since March 2016. He served on Ford’s board from 2013 to 2016 Hackett, together with Bill Ford, will focus on three priorities: Sharpening operational execution, modernizing Ford’s present business and transforming the company to meet tomorrow’s challenges Ford also named leaders to three new roles under Hackett. Jim Farley is appointed executive vice president and president, Global Markets, Joe Hinrichs is appointed executive vice president and president, Global Operations, and Marcy Klevorn is appointed executive vice president and president, Mobility Mark Truby is appointed vic...

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SSC Tuatara Hypercar Earns World’s “Fastest Production Vehicle” Title

SSC Tuatara Hypercar Earns World’s “Fastest Production Vehicle” Title Tuatara Breaks World Records, as Racer, Oliver Webb Achieves 331MPH SSC North America, America’s first hypercar company, has reclaimed the coveted title of world’s “Fastest Production Vehicle,” this time with its 1,750hp Tuatara. With internationally acclaimed professional racing driver, Oliver Webb, at the Tuatara’s wheel, the record-breaking drive took place on the morning of Saturday, October 10, outside of Las Vegas near Pahrump, Nevada along a seven-mile stretch of State Route 160. Webb pushed the SSC Tuatara to an average speed of 316.11 mph (508.73 km/h) following two consecutive high-speed test runs of 301.07 mph (484.53 km/h) and 331.15 mph (532.93 km/h). In accordance with record criteria, the Tuatara traveled in opposite directions, clocking its speeds within one hour, to break the world record for “Fastest Production Vehicle.” Officials were on site to verify all world record criteria was met -- including...

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