Ford&#39;s out to put a lid on costly incentives
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Ford Motor&#39;s (F) striking market-share plunge should be over within six months, and the company is banking on new products to regain share while allowing it to cut back incentives, CEO Bill Ford said Wednesday in an interview with USA TODAY.
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Plans to triple London's congestion charge for the most polluting vehicles are expected to be announced.
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Ford Motor Co.  has hired  investment banks to help it explore options including a sale of  its Jaguar and Land Rover European luxury brands, sources  familiar with the matter said, as several companies ruled  themselves out from bidding.
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Ford Motor Co. F.N is offering a $500  cash rebate, in addition to other hefty discounts, to millions  of full-time college students and recent graduates seeking to  buy or lease a Ford or Lincoln-Mercury vehicle, the company  said on Tuesday.
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DEARBORN, Mich. -- Ford Motor Co. said Monday it plans to get about $18 billion in financing in part to address near- and medium-term negative operating-related cash flow and fund its restructuring.
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Ford in negotiations with Indian automaker over sale of its two subsidiary luxury brands.
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The federal Securities Exchange Commission has asked General Motors, Ford and Navistar Corp., a maker of trucks and engines, to provide financial information about their pension and post-retirement healthcare plans.
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When Ford Motor Co. outlined a plan to shed a third of its workforce, I remembered my first reaction to the Way Forward turnaround strategy the troubled company launched last winter.
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General Motors Corp. (GM.N: Quote, Profile, Research) and Ford Motor Co. (FN: Quote, Profile, Research) launched new US sales incentives on Friday as both automakers struggle with
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Union leaders received an update on FordÂs condition Tuesday, but said they were not told about any specific steps the company planned to take.
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Ford Motor Co.  will announce on  Wednesday a massive corporate restructuring that will lower  white-collar costs by 30 percent and include cutting jobs and  benefits, according to the online version of The Wall Street  Journal.
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Ford Motor Co.  said on Wednesday it estimates that its accelerated restructuring plan, announced in September, will cost $11.18 billion, with most of that going to programs to lay off employees.
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With the shrinking of Fordâs core United States business nearly completed, chief executive Alan R. Mulally is eager to get Fordâs global operations hitting on all cylinders.
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A private equity arm of JPMorgan Chase  & Co.  is eyeing some of Ford Motor Co.'s  luxury  brands, a source familiar with the matter said on Friday, the  latest sign the struggling carmaker is looking to unload assets  as part of a turnaround bid.
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Ford Motor Co. said Tuesday it was reviewing its position on Jaguar and Land Rover, fueling speculation that the Dearborn-based company is getting closer to selling them.
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By Ja'Rena Lunsford, The Daily Oklahoman  Feb. 8--Record net losses, a shrinking market share and job cuts have hit Ford Motor Co. hard over the last few years. But the automaker is determined to hit back and prove to its critics that Ford is not about to crash.
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Ford Motor Credit Co., the finance subsidiary of Ford Motor Co. , said on Friday a previously announced restructuring plan would result in charges of $290 million, including $200 million to fund job cuts.