BNET Industries
Ford Motor Co. (F) is in the Auto Industry
- Revenue
- Dec 31 2007
- $172.4B
- Profit
- Dec 31 2007
- ($2.7B)
- Market Cap
- Nov 28 2008
- $5.8B
Latest News and Analysis
Jump-Starting a Bailout
The only thing that is certain is that Detroit cannot do much worse in Washington than it did before. Tomorrow is the deadline when General Motors, Ford Motor, and Chrysler must tell Congress how they intend to overhaul their companies and how they would use $25 billion in federal...
GM Board Reviews New Turnaround Plan For Bailout
By Kevin KrolickiDETROIT (Reuters) - The board of General Motors Corp GM met on Sunday to review a restructuring plan intended to cut costs and win support for up to $12 billion in emergency funding from the government, a person familiar with the deliberations said.Along with rivals Ford Motor Co...
GM Board Reviews New Turnaround Plan For Bailout
By Kevin KrolickiDETROIT (Reuters UK) - The board of General Motors Corp GM met on Sunday to review a restructuring plan intended to cut costs and win support for up to $12 billion (7.8 billion pounds) in emergency funding from the U.S. government, a person familiar with the deliberations said.Along...
Ford, GM, Chrysler Need to Narrow Bailout Debate
U.S. automakers need to recast the debate over an auto-industry bailout to what they see as the narrow issues at hand, like the credit crisis, and away from private jets. by Jim Henry
Ford, GM, Chrysler to Take Another Run at Bailout
A House of Representatives committee gave Ford, GM and Chrysler an extra weekend to get ready for hearings into a proposed bailout, which faces stiff opposition. by Jim Henry
Company Jets and Shamed CEOs
We all watched as members of Congress repeatedly berated the chief executives of General Motors, Ford and Chrysler for winging to Washington, D.C. on company jets and asking for a $25 billion handout. Sure, Congress made hay with the finest political grandstanding I've seen in years, but unfortunately, I don't think the CEOs understood...
Congress Spanks Ford, GM, Chrysler
Detroit 3 CEOs walked into a buzzsaw in Congressional hearings regarding a bailout for the U.S. auto industry. They've gone back to the drawing board for another try. by Jim Henry
Aid for the Automakers? You Decide!
Robert Salomon submits: For those of you who have been following this blog, you know where I stand on the proposed aid package for US automakers see Preventing Moral Hazard in the Auto Industry for background. I am not opposed to aid for GM and Ford, provided that aid...
Ford, GM, Chrysler Ask Congress for Money, Not Advice
The Detroit 3 told Congress in effect that they had their turnaround plans right where they wanted them, until the credit crisis came along and spoiled everything. And by the way, they need a government bailout. Immediately. by Jim Henry
It's $25 Billion, Senator. I'll Be Waiting in My Gulfstream
Without $25 billion in federal bailouts, General Motors, Chrysler and Ford may go out of business with "catastrophic" results on the U.S. economy, GM CEO Rick Wagoner told Congress. Yet Wagoner, Ford's Alan Mulally and Chrysler's Robert Nardelli all flew to Washington to beg for bailouts on...
Automakers: Bailout Arguments, Pro and Con
Robert Salomon submits: For those of you who have been following this blog, you know where I stand on the proposed aid package for US automakers see Preventing Moral Hazard in the Auto Industry for background. I am not opposed to aid for General Motors GM and Ford F,...
General Motors Bailout: Consider Other Alternatives
John Addison submits: On September 24, Congress approved a $25 billion bailout for [[GM]], Ford F, and Chrysler. "It seemed like a lot when we first started pushing this," says Democratic Sen. Debbie Stabenow of Michigan, one of the bill's sponsors. "Suddenly, it seems so small." The three troubled automakers...
Chrysler Urges Bailout But Washington Split
By Soyoung KimDETROIT (Reuters UK) - Goldman Sachs suspended its rating on General Motors Corp GM on Thursday and said the automaker needs at least $22 billion (14 billion pounds) in federal aid, while Chrysler CBS said it would be "very difficult to survive" without government support.But U.S. lawmakers remained...
Could Capital Injections Save the Auto Industry?
Robert Salomon submits: It looks almost certain that the U.S. Government will provide aid to the Big Three automakers, and as early as next week (see Frank’s Plan Gives Ford, GM, Chrysler $25 Billion). Although I am ordinarily opposed to government involvement in the private sector, I am willing...
House Speaker Seeks Auto Bailout Bill
By John Crawley and Donna SmithWASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi sought legislation on Tuesday to bail out failing automakers, saying she was confident an emergency measure would be approved next week.Pelosi aims to amend the government's $700 billion corporate rescue law that now applies to banks...
Carmakers' Best Chance For Aid is With Congress
By John Crawley and Jeremy PelofskyWASHINGTON (Reuters) - The U.S. auto industry's best chance for $25 billion in immediate government help to survive a steep financial slide rests with Congress, which may have a brief window to act next week.The Bush administration has not dismissed outright the possibility of extending...
Hyundai Motor Stock Down on Trade Fears, Chrysler
By Cheon Jong-woo and Park Jung-younSEOUL (Reuters) - Shares in South Korea's Hyundai Motor fell on Monday as investors worried the United States may harden its stance on car trade and on talk, denied by Hyundai, that it may target parts of money-losing Chrysler.Hyundai, the country's 10th biggest company...
New Calls For U.S. Treasury to Help Carmakers
By John CrawleyWASHINGTON (Reuters UK) - There were fresh calls on Sunday for the Bush administration to help stalled U.S. automakers, but Democratic and Republican officials said taxpayers cannot repeatedly support business rescues.Republican Sen. Mel Martinez of Florida delivered important backing for those urging the Bush administration to use a...
Hyundai, Chrysler in Talks as GM Pulls Out: Sources
By Jui Chakravorty Das and Kevin KrolickiNEW YORK/DETROIT (Reuters) - South Korea's Hyundai Motor Co has had talks with Chrysler LLC owner Cerberus Capital Management about a potential acquisition of the U.S. automaker's Jeep brand and possibly other assets, people with knowledge of the talks said on Friday.The emergence...
'Big Three' Badly in Need
William Patalon III submits: The U.S. Treasury Department has rejected General Motors Corp.’s GM request of $10 billion in assistance for its potential merger with Chrysler LLC after the Bush Administration decided it didn’t want to broaden its $700 billion financial rescue program to include industrial...
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- Incorporated: 1919
- CEO: Mr. Alan Mulally
Ford Motor is engaged in producing vehicles, as well as in other businesses, including financing vehicles. 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. As of Dec 31 2007, Co.'s vehicle brands included Ford, Mercury, Lincoln, and Volvo.
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Ford Motor Co. Company Info
Board of Directors
Mr. William Clay Ford Jr.
Chairman
Mr. Gerald L. Shaheen
Mr. John L. Thornton
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
Dr. Homer A. Neal Ph.D.
Contact Information
One American Road
Dearborn, MI
313 322-3000
NAICS Code
Automobile Manufacturing: 336111
