7sins |
04-18-2002 08:38 PM |
"The man Ford brought in to run its own luxury-brand group appears to be on the way out. Wolfgang Reitzle, head of Ford’s Premier Automotive Group , will be leaving the second-largest automaker to join Linde AG, an industrial gas and engineering group as CEO, senior Ford sources tell TheCarConnection.com. He is to be replaced, according to numerous insiders, by Mark Fields, currently the youthful chairman of Ford's Japanese affiliate, Mazda Motor Co. Barring a last-minute change in plans, the shake-up will be accompanied by other changes. Among other things, Ford will wrest control of struggling Lincoln-Mercury away from the
London-based PAG and return it to the company's world headquarters in Dearborn, Mich."
|