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Ford Motor Company COO Mark Fields delivers his keynote address at the 2014 New York International Auto Show at the Javits Convention Center in New York, Wednesday, April 16, 2014. A photo of Henry Ford II during the introduction of the Ford Mustang at the 1964 World's Fair is projected in the background. (AP Photo/Richard Drew)
Ford Motor Company President and CEO Alan Mulally, left, Executive Chairman Bill Ford Jr., center, and Chief Operating Officer Mark Fields speak during a news conference in Dearborn, Mich., Thursday. Ford announced CEO Alan Mulally will retire July 1 and be replaced by Fields. (AP Photo/Paul Sancya)