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Possible Ford Plant Closing
AHN
On Thursday the United Auto Workers announced Ford Motor Co. plans to close its St. Paul plant in 2009.
A written bulletin from the United Auto Workers reads, The international union informed your union leadership at 7:20 a.m. today...
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Ford to close Virginia assembly plant: union
YAHOO
Reuters - Ford Motor Co. plans to close its
Norfolk, Virginia, assembly plant by 2008 as part of the
automaker's broader restructuring plan, a local United Auto
Workers union official said on Thursday.
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Ford recalling 134,365 SUVs
YAHOO
Reuters - Ford Motor Co. is recalling
134,365 Escape and Mercury Mariner sports utility vehicles to
adjust the padding on the driver's side to prevent injuries
during a collision, according to U.S. safety regulators.
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Ford's European vehicle sales rise 2 pct in March
YAHOO
Reuters - Ford Motor Co's overall
vehicles sales in Europe rose 2 percent in March to 191,300
units but its market share edged down 0.2 of a percentage point
to 9.5 percent given weak industry sales in main market
Britain, it said on Thursday.
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Ford says rate of US share decline slowing
YAHOO
Reuters - Ford Motor Co.'s is seeing the
rate of decline in its U.S. market share slowing, Mark Fields,
president of the automaker's Americas unit said on Wednesday at
the New York International Auto Show.
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Bill Ford Takes Pay Cut
AHN
As per the proxy statement filed with Federal regulators Bill Ford, Chairman and CEO of Ford Motor Co faced a 40 percent pay cut in 2005 as the company's North America division lost over $1 billion.
Bill...
Sources: AHN
Senior Ford executive retires in management revamp
YAHOO
Reuters - Ford Motor Co. said on
Thursday that the company's second-highest ranking executive
was retiring, the latest in a series of management changes
linked to the automaker's bid to slash costs and return to
profitability in its biggest market.
Sources: YAHOO
Padilla Stepping Down As Ford President
YAHOO
AP - Ford Motor's president and chief operating officer, Jim Padilla, is stepping down after 40 years at the automaker, the company said Thursday.
Sources: YAHOO
Padilla Stepping Down As Ford President
YAHOO
AP - Ford Motor's president and chief operating officer, Jim Padilla, is stepping down after 40 years at the automaker, the company said Thursday.
Sources: YAHOO
Sales of Major US Automakers Fall
AHN
The trend of favoring Asian vehicles continued amongst consumers as Ford Motor Co. and General Motors Corp. posted lower March U.S. Sales. Another reason was the U.S. automakers holding back on less profitable fleet sales.
Ford sales dropped...
Sources: AHN
GM, Ford March U.S. sales fall
YAHOO
Reuters - General Motors Corp. and Ford
Motor Co. posted lower March U.S. sales on Monday, as
consumers favored Asian vehicles and the top two U.S.
automakers held back on less-profitable fleet sales.
Sources: YAHOO
Mazda Takes Stake in Changan Ford
YAHOO
AP - Mazda Motor Corp. said Tuesday that it has taken a 15 percent stake in a Chinese automobile joint venture set up by Ford Motor Co. and Changan Automotive Group to strengthen its tie-up with the two automakers in the growing Chinese auto market.
Sources: YAHOO
Ford March sales fall, Chrysler up
YAHOO
Reuters - U.S. automakers posted mixed March U.S.
sales on Monday with Ford Motor Co. hurt by sluggish
sports utility vehicle sales and Chrysler reporting a
third-straight monthly gain.
Sources: YAHOO
Ford's US sales fall 4.6 pct in March
YAHOO
Reuters - Ford Motor Co. on Monday said
U.S. vehicle sales fell 4.6 percent in March as the Mercury and
Jaguar brands saw demand weaken.
Sources: YAHOO
GM, Ford seen losing US market share
YAHOO
Reuters - U.S. sales of vehicles followed a
familiar path in March with General Motors Corp. and Ford
Motor Co. losing market share to nimble foreign rivals led
by Toyota Motor Corp.(7203.T), analysts said.
Sources: YAHOO
More bankruptcies expected among US auto suppliers: analysts
YAHOO
AFP - More bankruptcies are expected among US auto suppliers which are being squeezed by demands for lower prices for fewer parts as General Motors Corp and Ford Motor Company implement massive restructuring plans, analysts said.
Sources: YAHOO
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