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Ford Motor Co. (FDMT P) is in the Auto Industry
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Government Faces Pension-fund Challenge
LONDON (Reuters UK) - The government faces a legal challenge over tax on pension funds, which if successful, could see hundreds of million of pounds returned to occupational pension schemes, a pension lobby group said on Monday. The Wheels Common Investment Fund, an 8 billion pound...
Toyota Suspends China Plant After Quake
TOKYO/SHANGHAI (Reuters) - Toyota Motor Corp on Monday suspended production at a 13,000-units-a-year joint venture plant in Chengdu, southwestern China, after a powerful earthquake struck, killing at least 107 people. A spokeswoman in Tokyo said operations at the factory, held ...
Kerkorian Launches Tender Offer For Ford Shares
By David Bailey DETROIT (Reuters UK) - Billionaire investor Kirk Kerkorian on Friday launched a planned tender offer to add to a Ford F stake he called an "attractive investment," and not one he acquired to influence the automaker. Just how passive the long-time activist investor...
Ford Tells Shareholders Turnaround Gaining Traction
By David Bailey WILMINGTON, Delaware (Reuters) - Ford Motor Co's F turnaround has moved quicker than expected, Executive Chairman Bill Ford Jr. told shareholders at the automaker's annual meeting on Thursday, giving unqualified praise to Chief Executive Alan Mulally's leadership. The...
Fitch Says GM and Ford Face Heavy Cash Drains This Year
DETROIT (Reuters) - General Motors Corp GM and Ford Motor Co F will continue to face heavy cash drains in 2008 and are expected to burn cash through 2009 unless industry sales rebound, Fitch Ratings said on Wednesday. GM, which lost a combined...
ArvinMeritor to Split Off Car Unit
By David Bailey DETROIT (Reuters) - ArvinMeritor Inc ARM said on Tuesday it plans to spin off its automotive parts business from its larger trucking group in a move it hopes will improve the focus of each unit, sending its shares up 6...
Ford to Offer Union Buyouts at Two U.S. Plants
DETROIT (Reuters) - Ford Motor Co F will offer buyouts to United Auto Workers union-represented hourly employees at plants in Chicago and Louisville, Kentucky, to try to trim its ranks, the company said on Friday. Ford, which has been cutting production capacity to...
Ford's U.S. Sales Drop 12 Pct Led By Trucks
DETROIT (Reuters) - Ford Motor Co F on Thursday said its U.S. vehicle sales for April dropped 12 percent, including an 18-percent decline in truck sales. The automaker said overall sales declined to 200,727 vehicles from 228,623 a year earlier, including sales for...
Kerkorian Seeks to Boost Ford Stake
Billionaire Kirk Kerkorian is making another run at building a significant investment in a US-based automotive company, announcing plans to offer $US8.50 ($A9.11) per share in cash for up to 20 million additional shares of Ford Motor Co.The offered price represents a 13.3 per cent premium over Ford's closing...
Tracinda to Tender Offer For Ford Shares
NEW YORK (Reuters) - Tracinda Corp said on Monday it intends to make a cash tender offer for up to 20 million shares of common stock of Ford Motor Co F at a price of $8.50 per share. The offer price represents a...
GM CEO's Compensation Jumps 64 Percent in 2007
By David Bailey DETROIT (Reuters) - General Motors Corp GM Chief Executive Rick Wagoner's salary and other compensation rose 64 percent in 2007 to about $15.7 million, mainly due to option grants, according to a proxy filed on Friday. The GM compensation committee...
Tata's Buy of Jaguar and Land Rover Cleared By EU
BRUSSELS (Reuters UK) - India's Tata Motors Ltd TAMO received the green light from European Union competition authorities on Friday to buy luxury brands Jaguar and Land Rover from Ford Motor Co F for $2.3 billion (1.2 billion pounds). The decision by the EU's executive...
Charge-Offs for Bad Loans Slicing Into Ford Profit
The celebration surrounding Ford Motor Co.'s surprise first-quarter profit shouldn't drown out a couple of somber notes for ordinary consumers, within the quarterly results for finance arm Ford Credit, which makes car loans and leases. The results show a higher number of consumer loans gone bad. That's bad news for...
Car Dealer Pendragon Sees Top-of-range Results
By Alastair Sharp LONDON (Reuters UK) - Car dealer Pendragon PDG expects results this year at the upper end of forecasts amid signs of improvement in its tough markets, it said on Friday. The company, whose brands include Evans Halshaw, said net profit for each new...
Jaguar Land Rover CEO Dies After Two-year Illness
DETROIT (Reuters UK) - The chief executive of Jaguar Land Rover has died in his home country of Australia after a long illness, Ford Motor Co F said on Sunday. He was 60. Geoff Polites led the team that turned Jaguar Land Rover back to profitability...
Jaguar Land Rover CEO Dies After Two-year Illness
DETROIT (Reuters) - The chief executive of Jaguar Land Rover has died in his home country of Australia after a long illness, Ford Motor Co F said on Sunday. He was 60. Geoff Polites led the team that turned Jaguar Land Rover back...
Automakers Step Up in China as West Wobbles
By Fang Yan and Chang-Ran Kim BEIJING (Reuters UK) - Automobile industry executives at Beijing's bi-annual auto show forecast another boom year in China in 2008, with sales in the world's No. 2 car market rising and production ramping up to take advantage of lower ...
Automakers Step Up in China as West Wobbles
By Fang Yan and Chang-Ran Kim BEIJING (Reuters) - Automobile industry executives at Beijing's bi-annual auto show forecast another boom year in China in 2008, with sales in the world's No. 2 car market rising and production ramping up to take advantage of...
Ford Weighs Third China Plant to Meet Demand
By Kevin Krolicki BEIJING (Reuters) - Ford Motor Co F may build a third assembly plant in China to meet fast-growing demand for its cars just five years into its push into the booming Chinese market, a senior executive said. "We're exploring opportunities...
Turning Around Companies in Crisis
By David Bailey DETROIT (Reuters) - "The Turnaround Kid" was advertised by publisher HarperCollins as an inside account of the corporate turnarounds that author Steve Miller has been involved in as one of corporate America's "fix-it" men. But in the end it became...
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- Incorporated: 1919
- CEO: Mr. Alan Mulally
Ford Motor is a global automaker. Co.'s automotive sector manufactures and sells cars and trucks, as well as provides retail customers with a range of after-the-sale vehicle services and products through its dealer network and other channels, in areas such as maintenance and light repair, heavy repair, collision, vehicle accessories and extended service warranty. Co.'s financial services sector primarily includes Ford Motor Credit, which primarily includes vehicle-related financing, leasing and insurance. Co. also has an equity interest of approximately 33.4% in Mazda Motor Corp. at Dec 31 2007. As of Dec 31 2007, Co.'s vehicle brands include Ford, Mercury, Lincoln, and Volvo.
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Ford Motor Co. Company Info
Board of Directors
Mr. William Clay Ford Jr.
Chairman
Dr. Homer A. Neal Ph.D.
Jorma J. Ollila
Mr. Gerald L. Shaheen
Mr. John L. Thornton
Mr. John R.H. Bond
Mr. Stephen G. Butler
Ms. Kimberly A. Casiano
Mr. Edsel B. Ford II
Mr. Irvine O. Hockaday Jr.
Mr. Richard A. Manoogian
Ms. Ellen R. Marram
Mr. Alan Mulally
Contact Information
One American Road
Dearborn, MI
313 322-3000
NAICS Code
Automobile Manufacturing: 336111Brought to you by IBMSponsored Resources
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