Ford Motor Company
Mar 19, 2013 16:55 EDT
US automaker Ford said Tuesday that it would pay at least $750 million to workers being let go as it closes its plant in Genk, Belgium, after reaching an agreement with unions.
Mar 10, 2013 17:29 EDT
Sebastien Ogier, driving a Volkswagen, won the Rally of Mexico on Sunday, seeing off Citroen's Mikko Hirvonen of Finland and Belgian Thierry Neuville, who claimed his first podium finish in a Ford Fiesta.
Mar 10, 2013 07:48 EDT
After being the starring act for several years, the electric car backed into the shadows at this year's International Geneva Motor Show as carmakers grow weary of waiting for sales to take off.
Mar 07, 2013 06:21 EST
Small crossovers, a downsized combination of sports utility vehicle (SUV) and passenger car, were a big hit at the Geneva Motor Show this week, with many manufacturers keen to squeeze into the promising niche amid an otherwise depressed market.
Mar 05, 2013 10:29 EST
The Geneva International Motor Show opens its doors Tuesday under a dark cloud, with no sign of a speedy rebound in sight for the troubled European market.
Mar 05, 2013 09:50 EST
The European car market still has a long, bumpy road ahead before it can hope to again see sales numbers approaching the pre-crisis glory days, Ford's European chief said Tuesday.
Mar 04, 2013 13:31 EST
The number of new cars sold in Europe's top market, Germany, fell by 10.5 percent in February compared with the same month a year earlier to 200,683 vehicles, the German transport office KBA said on Monday.
Mar 04, 2013 01:48 EST
Jaguar Land Rover, the British luxury car unit owned by Tata Motors, is considering manufacturing vehicles from scratch in India, a report says.
Mar 01, 2013 19:29 EST
US auto sales grew four percent in February amid rising fuel prices, snowbound dealerships and uncertainty over the impact of looming government budget cuts on a fragile economy, data showed Friday.
Feb 28, 2013 13:25 EST
Automobile giants at the world's biggest mobile fair are showing off a new technology that turns a car into a smartphone accessory, allowing a driver to use cutting-edge apps without veering off the road.
Feb 26, 2013 16:33 EST
Honda grabbed three places and German luxury cars two, but no American make made it onto the influential Consumer Reports list of top cars for 2013, unveiled Tuesday.
Feb 25, 2013 18:16 EST
US safety regulators are investigating Ford sedans and sport utility vehicles following complaints of a sudden reduction of engine power.
Feb 11, 2013 14:55 EST
India's once-booming passenger car sector looked set to post its worst annual performance in a decade, an industry group said Monday, after reporting a 12 percent plunge in auto sales in January.
Feb 01, 2013 17:35 EST
US consumers flooded car dealerships in January, pushing sales up 14 percent and extending months of solid growth as the industry recovers from a deep downturn, automakers said Friday.
Feb 01, 2013 11:57 EST
US carmakers extended their lengthy streak of gains in January, with General Motors, Ford and Chrysler all posting double digit sales growth Friday.
Jan 29, 2013 12:59 EST
Ford posted sharply lower profits in both 2012 and the fourth quarter Tuesday but managed to beat expectations despite a worsening situation in the US automaker's European unit.
Jan 24, 2013 02:22 EST
Shares in Tata Motors slumped nearly 10 percent on Thursday after its luxury car arm Jaguar Land Rover warned investors that its profit margin for the latest quarter would be "slightly lower" than previously.
Jan 16, 2013 03:02 EST
Pickup trucks may be the essence of the identity of the American working man, rugged, beefy, and powerful, but they're now also about soft leather interiors, iPad mounts, easy steps to scale the rising floorlines and fuel efficiency.
Jan 16, 2013 01:29 EST
From navigation systems serving as game consoles to sound systems doubling as amplifiers and nail polish matching a paint job, automakers are trying new tricks to lure fickle young buyers.
Jan 15, 2013 18:17 EST
Renault announce plans Tuesday to cut its staff in the country by 7,500 workers to become more competitive and prepare for the hiring of others with specific skills.
Facts from the Wikipedia page:
|Type||Public (NYSE: F)|
|Founded||June 16, 1903|
|Headquarters||Dearborn, Michigan, United States|
|Key people||William C. Ford, Jr.|
Alan R. Mulally
(President & CEO)
|Services||Automotive finance, Vehicle leasing, Vehicle service|
|Revenue||▼ US$ 146.277 billion (2008)|
|Operating income||▼ US$ -9.293 billion (2008)|
|Net income||▼ US$ -14.672 billion (2008)|
|Total assets||▼ US$ 222.977 billion (2008)|
|Total equity||▼ US$ -17.311 billion (2008)|
|Employees||87,700 (US, 2008)|
213,000 (World, 2008)
|Subsidiaries||Automotive Components Holdings|
Mazda (13% minority)
Volvo (cars only)