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Ford Motor Company Chief Operating Officer Mark Fields speaks during a news conference in Dearborn, Mich., Thursday, May 1, 2014. Ford announced Fields will replace CEO Alan Mulally when he retires July 1. (AP Photo/Paul Sancya)

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Ford Motor Company Chief Operating Officer Mark Fields speaks during a news conference in Dearborn, Mich., Thursday, May 1, 2014. Ford announced Fields will replace CEO Alan Mulally, who is retiring July 1. (AP Photo/Paul Sancya)

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Ford Motor Company President and CEO Alan Mulally, left, and Executive Chairman Bill Ford Jr., smile during a news conference in Dearborn, Mich., Thursday, May 1, 2014. Ford announced Mulally will retire July 1 and be replaced by Chief Operating Officer Mark Fields. (AP Photo/Paul Sancya)

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Ford Motor Company President and CEO Alan Mulally, from left, Executive Chairman Bill Ford Jr., and Chief Operating Officer Mark Fields appear during a news conference in Dearborn, Mich., Thursday, May 1, 2014. Ford announced CEO Alan Mulally will retire July 1 and be replaced by Fields. (AP Photo/Paul Sancya)

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FILE - In this April 16, 2014 file photo, Ford Motor Company Chief Operating Officer Mark Fields delivers his keynote address at the New York International Auto Show, in New York's Javits Convention Center. Ford says CEO Alan Mulally will retire July 1 and be replaced by Fields. (AP Photo/Richard Drew, File)