Alan Mulally

  • Aired:  12/05/13
  •  | Views: 17,469

Ford CEO Alan Mulally talks about the 50th anniversary of the Mustang, the 2008 auto bailout and revitalizing Detroit's economy. (5:25)

>> WELCOME BACK, EVERYBODY.

MY GUEST TONIGHT IS THEPRESIDENT AND CEO OF THE FORD

MOTOR COMPANY.

WE'LL SEE IF HE REALLY IS LIKE AROCK.

PLEASE WELCOME ALAN MULALLY!

[ CHEERS AND APPLAUSE ] HEY!

>> THANKS FOR COMING OUT.

>> Stephen: ALL RIGHT.

FANTASTIC.

GREAT TO HAVE YOU ON.

YOU ARE THE PRESIDENCY OF THEFORD MOTOR COMPANY, JUST LIKE

YOU ARE AN ICON OF AMERICANCAPITALISM:CONGRATULATIONS!

CONGRATULATIONS.

>> THANK YOU.

>> DID YOU DREAM OF RUNNING ACAR COMPANY WHEN YOU WERE A KID.

>> WHAT DID YOU DO BEFORE THEN?

>> I STARTED OUT AS A BAGCHECKER.

>> Stephen: A BAG CHECKER?

>> YES.

THE AT THE GROCERY STORE.

>> Stephen: REALLY? DID YOUWANT TO BE THE CEO OF BAG

CHECKERS?

>> NO.

I DIDN'T.

BUT I LOVED SERVING PEOPLE.

>> Stephen: NOW, YOU ARE HEREBECAUSE WE ARE COMING UP ON THE

50TH ANNIVERSARY OF THE ORIGINALMUSCLE CAR.

>> THE MUSTANG.

>> Stephen: THE MUSTANG.

LET'S SHOW WHAT WE ARE TALKINGABOUT HERE.

WHEN I WAS A KID THIS WAS ADREAM CAR.

[ CHEERS AND APPLAUSE ]>> Stephen: YOU HEAR THAT?

AND THAT IS THE MUSTANG.

THAT SOUND RIGHT THERE.

THAT'S ENOUGH.

I WILL GET AN ERECTION.

ALL RIGHT.

NOW, THIS IS ONE OF THE COOLESTCARS EVER MADE.

AND NOT ONLY WAS IT SORT OF COOLTO SEE ON THE STREET BUT IT WAS

IN THE MOVIES.

THIS IS WHAT STEVE MCQUEEN DROVEIN BULLET.

WHY DO YOU THINK SOME CARSBECOME ICONS AND SOME CARS DO

NOT?

>> WELL, I THINK, IN THIS CASE,THE MUSTANG JUST CHANGED THE

WORLD IN 1965, BECAUSE IT WASTHE FIRST REAL SPORTS CAR THAT

ALSO WAS A HIGH UTILITY, BECAUSEIT HAD TWO SEATS IN THE BACK, IT

HAS HAD A TRUNK.

>> Stephen: OF COURSE IT HADTWO SEATS IN THE BACK.

IT WAS A MUSTANG.

THE REASON IT BECAME AN ICON ISBECAUSE IT GOT YOU LAID.

[ CHEERS AND APPLAUSE ]>> Stephen: I HOPE YOU HAVEN'T

TAKEN THAT OUT OF THE DESIGN.

>> NO, NO.

IT IS STILL VERY MUCHAPPRECIATED.

>> Stephen: OKAY.

GOOD.

NOW, WHEN WAS IT INTRODUCED?

>> IT WAS INTRODUCED IN 1965 ATTHE WORLD'S FAIR RIGHT HERE IN

NEW YORK CITY.

>> Stephen: IN SUPPORT OF THATYOU ARE INTRODUCING A NEW 50TH

ANNIVERSARY.

>> ABSOLUTELY.

>> Stephen: OF -- THERE IS THE20 -- THIS IS THE 2015 MUSTANG.

UH WOW.

[ APPLAUSE ]>> Stephen: MY QUESTION IS,

THOUGH YOU STILL KNOW IT IS2013, RIGHT? AND YET WE ARE

LOOKING AT THE 2015 MUSTANG.

>> YES.

>> Stephen: I ASSUME YOU HAVECOME HERE TO TELL ME ABOUT IT IN

THE 2028 FORD TIME MACHINE.

DOES IT HAVE A JET PACK?

>> THAT IS THE FUTURE.

THAT IS THE FUTURE, YES.

>> Stephen: WE SHOULD HOPE SO.

>> ABSOLUTELY.

>> Stephen: NOW, SPEAKING OFCARS OF THE FUTURE, YOU GUYS,

LET'S TALK ABOUT CARS OF THEPAST AND CAR COMPANIES OF THE

PAST.

>> YES.

>> Stephen: BECAUSE BACK INTHE OLD AUTO BAILOUT YOU ARE THE

ONLY ZERO COMPANY THAT DIDN'TTAKE A BAILOUT.

>> RIGHT.

>> Stephen: GM AND CHRYSLERHAD TO BE BAILED OUT.

WHAT IS IT ABOUT FORD AND ONE OFTHE REASONS I LIKE YOU GUYS IS

THAT YOU ARE CAPITALISTS UNLIKETHOSE BOLSHEVIKS OVER AT GM AND

CHRYSLER.

COMRADE! WHAT DO YOU THINK OFTHOSE GUYS SUCKING ON THE

GOVERNMENT TEAT?

>> ISN'T IT BETTER FOR THEM TOBE WHIPPED OUT OF THE GENE POOL?

>> WELL, STEPHEN, CLEARLY THEUNITED STATES WAS IN A VERY,

VERY TENUOUS SITUATION, SO EVENTHOUGH WE BELIEVE IN CAPITALISM

WE ACTUALLY WENT AND TESTIFIEDON BEHALF OF OUR BANKRUPT

COMPETITORS, I THINK WE DID THERIGHT THING FOR THE ECONOMY AND

THE UNITED STATES OF AMERICA ATTHE TIME.

[ APPLAUSE ]>> Stephen: HOW ABOUT DETROIT

NOW? HOW DO WE SAVE DETROIT?

>> I WOULD SAY.

>> Stephen: THEY JUST DECLAREDBANKRUPTCY? HOW DO YOU PAY OFF

THAT DEBT? YOU ARE STILL INMICHIGAN.

>> DEARBORN.

>> TEN, 20 MILES FROM DETROIT? WHAT DO WE DO? DO WE PAY OFF

THE DEBT BY JUST PULLING THEGOLD FROM THE PENSIONERS OR DO

WE JUST LET THE GREAT MOATRECLAIM DEDETROIT? WHAT DO WE

DO?

>> I THINK THEY ARE DOING THERIGHT THING AND ADDRESSING ALL

OF THE AREAS OF CONCERN,EVERYBODY HAS TO PULL TOGETHER

AND DEVELOP A BETTER PLAN.

THE THING ABOUT FORD, THOUGH,STEPHEN IS THAT EVEN THOUGH WE

ARE NOT INSIDE DETROIT ITSELF WEARE VERY CLOSE AS YOU SAID AND

ALL OF OUR OPERATIONS ARE THERE,OUR SUPPLIERS ARE THERE AND

BASED ON THE STRENGTH OF OURPRODUCTS WE ARE ACTUALLY GROWING

PROFITABLY AND HIRING 15,000 NEWEMPLOYEES, WHICH IS THE BEST WE

CAN DO TO HELP DETROIT.

>> Stephen: NOT UNION, THOUGH,YOU ARE NOT HIRING UNION, ARE

YOU?

>> YES A LOT ARE REPRESENTED BYUNION.

>> UNIONS ARE WHAT AREDESTROYING AMERICA DON'T YOU

UNDERSTAND THAT? IT IS IN THEUNION CHARTER, DESTROY AMERICA.

DENTAL COVERAGE AND DESTROYAMERICA.

>> WELL, AS YOU WELL KNOW,UNIONS SIGNED THESE AGREEMENTS

OVER THE YEARS AND WE ENDED UPNOT BEING COMPETITIVE IN FORD'S

CASE WE WORKED TOGETHER ANDWANTED TO HAVE A COMPETITIVE I

HAVE AND COMPETE WITH THE BESTIN THE WORLD SO WE REDID ALL THE

AGREEMENTS AND THAT'S WHY WE AREBRINGING PRODUCT BACK TO THE

UNITED STATES AND COMPETING WITHTHE BEST IN THE WORLD RIGHT HERE

IN THE UNITED STATES OF AMERICA.

>> Stephen: GOOD LUCK WITH THENEW ROLLOUT.

I LOVE IT.

ALAN MULALLY, CEO OF FORD MOTORCOMPANY, THE 50TH ANNIVERSARY OF

THE MUSTANG.

WE WILL BE RIGHT BACK!

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