Ford fired the director

According to Bloomberg , citing sources close to the company, Ford Motor Co. She fired her chief manager Jacques Nasser shortly after the announcement of more than billion losses that the concern suffered in six months.

It is assumed that he will be replaced by William Mlead Ford Jr., the great-grandson of the founder of the company. If rumors are confirmed, then he will become the first manager from the Ford family for a period of 21 years.

Analysts approve of such a solution. “It’s time for my time. According to my data, Explorer has recently surrendered its positions. This brand has been a leader in the market, and now buyers are not even looking at it,” Bloomberg quotes one of them.

During the year of ineffective management, the car concert shares fell by more than 30%.