UAW leaders nominate lead Ford negotiator Bob King to be the union’s new president
UAW leaders nominate Bob King as new president Ford Motor to sell new police cruiser to replace Crown Victoria after 2011 phase-out
Ford plans new police model to replace Crown Vic Ford Motor announces that senior executives John Parker and Phil Spender will retire
2 Ford Motor senior executives to retire DEARBORN, Mich. — Ford Motor Co., which surprised the market by posting a third-quarter profit, said Tuesday that two of its senior executives are retiring. Ford seeks to push back payment of debt; will sell up to $3.3 billion worth of notes & equity
Ford to raise $3.3 billion in stock, debt sales Ford, reaping rewards from a turnaround, surprises with $1B profit and a bright outlook
Ford turns a profit, reaping rewards of turnaround Ford surprises with profit of nearly $1B in 3rd qtr; forecasts ’solidly profitable’ 2011
Ford surprises with $1B profit; sees profit in ‘11 Ford reports $1 billion 3Q profit; says it will be ’solidly profitable’ in 2011
Ford reports $1 billion 3Q profit DEARBORN, Mich. — Ford Motor Co. earned $1 billion in the third quarter, fueled by U.S. market share gains, cost cuts and the government’s Cash for Clunkers rebates. Ford reports surprise $1 billion 3Q profit; says it will be ’solidly profitable’ in 2011
Ford reports surprise $1 billion 3Q profit Ford, UAW running into worker opposition to contract changesDEARBORN, Mich. — Ford Motor Co. and the United Auto Workers union, which have agreed to proposed contract changes that would lower the automaker’s labor costs, are running into opposition from some workers who say they’ve given too much already. Lego-inspired ‘Castle Adventure’ exhibit opens at Henry Ford Museum in DearbornDEARBORN, Mich. — A Lego-inspired exhibit has opened at the Henry Ford Museum in Dearborn. Inspection reports from 2007, 2008 say Ambassador Bridge structurally sound, needs maintenanceDEARBORN, Mich. — Details released Thursday about the two most recent annual inspection reports on the Ambassador Bridge indicate the 80-year-old international span was structurally sound but had cracked concrete, rusted railings and corrosion. CIA boss asks Arab-American, Muslim leaders to join efforts to reduce terrorism threat in USDEARBORN, Mich. — The director of the CIA beseeched Arab-American and Muslim leaders Wednesday to join efforts to reduce the threat of terrorism in the U.S. Ford’s adopts tax preservation plan to protect $19B in future taxable incomeDEARBORN, Mich. — Ford Motor Co. said Friday its board of directors has adopted a plan designed to deter shareholders who hold more than a 5 percent stake from increasing their ownership, in order to protect its tax assets. Ford teams up with utilities to launch electric vehicles that can interact with power gridsDEARBORN, Mich. — Ford Motor Co. said Tuesday its future electric cars will “talk” to power grids across the country, allowing car owners to control when they charge vehicles and for how long. Ford to build more Focuses and Escapes, boost overall production to restock its showroomsDEARBORN, Mich. — Ford said Thursday it will build more of its popular Focus and Escape models and boost total vehicle production later this year to help dealers restock depleted showrooms. Ford to build more Focuses and Escapes in 3Q to meet demand from Cash for ClunkersDEARBORN, Mich. — Ford Motor Co. said Thursday it will build more of its popular Focus and Escape vehicles this quarter to meet growing demand from the federal government’s Cash for Clunkers program. Ford to build more Focuses and Escapes in 3Q to meet heavy demand from Cash for ClunkersDEARBORN, Mich. — Ford Motor Co. says it will build another 10,000 vehicles this quarter to meet the growing demand from the federal government’s Cash for Clunkers program. 150 dogs found dead in freezers at Mich. home after over 110 dogs, mostly Chihuahuas, rescuedDEARBORN, Mich. — Police on Friday found about 150 dead dogs packed in freezers in the basement of a Michigan house littered with feces and trash where more than 110 live dogs, mostly Chihuahuas, were rescued this week. More than 90 dogs _ mostly Chihuahuas _ taken from feces- and trash-filled Detroit-area homeDEARBORN, Mich. — A man kept more than 90 dogs — mostly Chihuahuas — in a small suburban Detroit home that from the outside looked generally well kept but inside was filled with feces and trash, authorities said Thursday. Ford Motor Co. posts surprise $2.3B 2Q profit on debt reduction and cost cutsDEARBORN, Mich. — Ford Motor Co.’s return to profitability last quarter won’t last long unless it can boost sales of cars and trucks and continue to grab market share from rivals. Ford says it will produce 4-cyclinder EcoBoost engine next year to deliver V6 feelDEARBORN, Mich. — Ford Motor Co. said Tuesday that it will offer a four-cylinder EcoBoost engine for some of its vehicles starting next year, an effort to provide greater fuel economy to consumers without compromising on horsepower. Ford to increase 3Q production as top analyst says June could have been industry’s best monthDEARBORN, Mich. — Citing better-than-expected sales and traffic at dealerships, Ford Motor Co. said Monday it plans to increase third-quarter production by 25,000 units — marking the automaker’s second production hike in recent weeks. Ford analyst says June could be the industry’s best month in ‘09; sales down less than 30 pctDEARBORN, Mich. — Ford’s top sales analyst said Monday U.S. auto sales may have stopped their month to month declines in June and could be down less than 30 percent for the first time since September of last year. Ford analyst calls June industry’s best month in ‘09; sales down less than 30 pctDEARBORN, Mich. — Ford Motor Co.’s top sales analyst says June was the industry’s best month of the year, with sales falling less than 30 percent. Ford Motor says more of its suppliers ailing this year, slashes number OK’d for future workDEARBORN, Mich. — Ford Motor Co.’s top executive for auto parts purchasing said Wednesday the number of the automaker’s suppliers that are under distress, bankruptcy protection or under observation has more than doubled in the last year. Energy Dept lends $8B to Ford, Nissan, Tesla to develop fuel-efficient vehicles, retool plantsDEARBORN, Mich. — Cultivating the next generation of fuel-efficient vehicles, the Obama administration said Tuesday it would lend $5.9 billion to Ford Motor Co. and about $2.1 billion to Nissan Motor Co. and Tesla Motors Inc. in a government-industry partnership to build green cars. Government to lend Ford, Nissan, Tesla $8B to develop fuel-efficient vehicles, retool plantsDEARBORN, Mich. — The Energy Department said Tuesday it would lend $5.9 billion to Ford Motor Co. and provide about $2.1 billion in loans to Nissan Motor Co. and Tesla Motors Inc., making the three automakers the first beneficiaries of a $25 billion fund to develop fuel-efficient vehicles. Mulally says Ford will make more moves to improve balance sheet as it works toward 2011 profitDEARBORN, Mich. — Ford Motor Co. CEO Alan Mulally said Thursday that the automaker will continue to take action to improve its balance sheet so the company can become profitable in 2011. Ford CEO Mulally says debt swap, new shares likely as automaker works to show profit in 2011DEARBORN, Mich. — Ford Motor Co. will likely trade more of its debt for equity, and sell more common stock, so it can improve its balance sheet until the company can become profitable in 2011, CEO Alan Mulally said Thursday. Ford’s May sales fall 24 percent, but more car buyers chose only US automaker free from Ch. 11DETROIT — General Motors Corp. said Tuesday its U.S. sales in May fell 30 percent from a year ago, but they improved 11 percent from April as consumers shrugged off concerns over its impending filing for bankruptcy protection and pushed the automaker to its best sales month this year. |