Just how bad were things at Ford (NYSE:F) when Alan Mulally took over in 2006? And how did Mulally right the ship? In this installment of "The Motley Fool Money Radio Show," we talk with award-winning Detroit News journalist Bryce Hoffman, author of "American Icon: Alan Mulally and the Fight to Save Ford Motor Company."

Chris Hill has no position in any stocks mentioned. The Motley Fool recommends Ford. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.