Ford Motor executives Lewis Booth and Derrick Kuzack are to retire April 1st.
Bob Shanks, the current vice president for Ford, and Raj Nair, vice president of engineering, will succeed Booth and Kuzack respectively.
Rumor has it that in August, Booth may step up to CEO, succeeding Alan Mulally, and Mark Fields, head of Ford’s American operations, and Joe Hinrichs, head of operations in China and Asia, are to succeed Mulally.
Toyo Tire (not to be mistaken with Toyota) is recalling over sixty thousand tires due to defects.
The recalled tires were sold in the United States between September 2009 and November 2010. It is the the P225/60R-16 Extensa A/S tires that are being recalled. The tires are labelled “Made in the USA.” Tires made in Japan and China are not being recalled.
The tires are said to be defected due to a kink in the bead, which can lead to deflation and tire failure.
The recall begins February 2, and owners can contact Toyo anytime at (800) 442-8696.