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Ford Says It Will Appeal $18 Million Jury Verdict
AHN
Ford Motor Co. says it will appeal an $18 million verdict handed down in a lawsuit over a fatal rollover accident. Kathleen Vokes, a spokeswoman for the car company, says driver error was responsible for the 1999 accident.
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Business Group Sues Illinois For Sanctions Against Sudan
AHN
The National Foreign Trade Council sues Illinois, saying sanctions the state imposed against Sudan are unconstitutional. Businesses that are part of the NFTC include Boeing Co., Caterpillar Inc., Chevron Corp., Exxon Mobil Corp., Microsoft Corp., Ford Motor Co., General Motors Corp. and...
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Ford may sell Land Rover and Jaguar arms
YAHOO
Reuters - Automaker Ford Motor may sell Land
Rover, a maker of four-wheel-drive vehicles, along with Jaguar,
as part of a shake-up of its British brands, The Sunday Times
newspaper reported.
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Apple to connect iPod in cars
YAHOO
Reuters - Apple Computer Inc. on
Thursday said it has teamed up with three major automakers to
link its popular iPod music player with car stereos, laying
down a new challenge to a fragmented radio industry.
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Apple warns some profits may be erased
YAHOO
AP - Apple Computer Inc. warned Thursday that it probably will wipe out some of its profits recorded since 2002 after uncovering more evidence that it improperly accounted for employee stock options.
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Apple to delay quarterly filing
YAHOO
Reuters - Apple Computer Inc. said
on Thursday it will delay the filing of its Form 10-Q for the
quarter ended July 1, 2006 due to an ongoing investigation into
the issuance of certain stock option grants made between 1997
and 2001.
Sources: YAHOO
Auto makers, Apple team up to make iPod-friendly cars
YAHOO
AFP - Mazda, General Motors and Ford Motor Company have teamed up with Apple Computer to build iPod-friendly cars and trucks, the maker of the world's top-selling MP3 players said.
Sources: YAHOO
Ford Recalls 1.2 M Vehicles Over Engine Fire Threat
AHN
Ford Motor Corp. on Thursday recalled 1.2 million gasoline-fueled, speed control equipped trucks, citing the risk of potential engine fires. The recall does not involve the vehicles fueled by diesel.
Sources: AHN
Apple's iPod compatibility in more cars
YAHOO
AP - In the latest boost to its dominance in portable music players, Apple Computer Inc. is teaming with General Motors Corp., Ford Motor Co. and Mazda Motor Corp. to integrate the iPod into car audio systems.
Sources: YAHOO
Apple in deals to connect iPod in new car models
YAHOO
Reuters - Apple Computer Inc. on
Thursday said it had reach agreements with Ford Motor Co.
, General Motors and Mazda (7261.T) to make it
easier to connect its popular iPod music player to car stereos.
Sources: YAHOO
Ford's Quarterly Loss Zooms To $254M
AHN
Ford Motor Co.'s second-quarter loss ballooned to $254 Million, almost double from what the American car maker previously reported. The losses are attributed to higher-than-expected pension costs and its luxury car division that is not very profitable this year. In documents filed with the...
Sources: AHN
Ford hires M&A expert
YAHOO
Reuters - Ford Motor Co. on Wednesday said
its second-quarter loss was more than double what it previously
reported due to higher pension-related costs and now expects
its luxury unit to be unprofitable for the year.
Sources: YAHOO
Ford revises 2Q loss to $254M on costs
YAHOO
AP - Ford Motor Co. said late Wednesday that its second-quarter loss was more than double what the automaker previously reported due to higher-than-expected pension costs, and added that its luxury car division won't turn a profit this year based on recent sales trends.
Sources: YAHOO
Ford revises 2Q loss to $254M on costs
YAHOO
AP - Ford Motor Co. said late Wednesday that its second-quarter loss was more than double what the automaker previously reported due to higher-than-expected pension costs, and added that its luxury car division won't turn a profit this year based on recent sales trends.
Sources: YAHOO
Ford Motor revises Q2 loss, wider than reported
YAHOO
Reuters - Ford Motor Co. said in a
filing on Wednesday that its second quarter loss was $131
million more than previously reported because of an increase in
estimates for the company's pension curtailment loss.
Sources: YAHOO
Ford reviewing operations like Jaguar: report
YAHOO
Reuters - Ford Motor Co. is launching a
strategic review of operations such as the Jaguar brand, that
may lead to asset sales or alliances with other companies, the
Wall Street Journal reported on Wednesday, citing people
familiar with the situation.
Sources: YAHOO
Ford says '06 inventory to be lower than '05
YAHOO
Reuters - Ford Motor Co. on Tuesday said
its inventory at the end of July was lower than a month before,
and inventory at the end of 2006 should be lower than a year
earlier.
Sources: YAHOO
Chrysler, Ford hit as sales weaken
YAHOO
Reuters - Chrysler Group and Ford Motor Co.
on Tuesday reported steep declines in July vehicle sales, a
drop expected to cost both U.S. automakers share in a weaker
market overshadowed by concerns about fuel efficiency and high
gasoline prices.
Sources: YAHOO
Ford July sales down
YAHOO
Reuters - Ford Motor Co. on Tuesday said
U.S. vehicle sales fell 34 percent in July, hurt by a decline
across most of its vehicle lines as it faced incentives-boosted
numbers from last year.
Sources: YAHOO
Ford Marketing Car By Putting Toy Version In Cereal Boxes
AHN
Ford Motor Co. has decided to market its mid-sized Fusion car by putting toy Fusion Hot Wheels cars into Kellogg Co. cereal boxes. Boxes of Froot Loops, Apple Jacks, Frosted Flakes and Cocoa Krispies containing the car are being sold at Target throughout the U.S....
Sources: AHN
Ford Asking Workers About Benefits, Working Conditions
AHN
Ford Motor Co. is asking its employees what they think about their benefits and working conditions. The automaker is asking for feedback before it makes decisions about how to save money.
Sources: AHN
GM says second-quarter global sales up
YAHOO
Reuters - General Motors Corp. said on
Friday that it sold 2.4 million vehicles globally in the second
quarter, a 8.7 percent increase over the previous quarter.
Sources: YAHOO
GM posts 2Q loss of $3.2 billion
YAHOO
AP - General Motors Corp. said Wednesday it lost $3.2 billion in the second quarter as it absorbed heavy charges for its massive restructuring program. But the world's largest automaker reported an operating profit that handily beat Wall Street estimates and its sales surged 12 percent.
Sources: YAHOO
Ford Shares Down After Reporting 2Q Loss
AHN
The nation's second-biggest automaker, Ford Motor Co. says that it lost $123 million in the second quarter due to slumping sales and the cost of shedding personnel. Ford says it would cut production more than previously planned this quarter and plans to announce new restructuring measures within...
Sources: AHN
Ford posts loss as SUV sales slump
YAHOO
Reuters - Ford Motor Co. on Thursday posted
an unexpected second-quarter loss as sales of sport utility
vehicles, its most profitable models, slumped on higher U.S.
gasoline prices and it took charges for employee buyouts.
Sources: YAHOO
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