Ford plans to secure $18 bln in financing
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NEW YORK/DETROIT  - Ford Motor Co.  said on Monday it plans to borrow $18 billion by pledging assets as collateral for loans, an unprecedented requirement that highlights its worsening financial condition.
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DETROIT  -Ford Motor Co.  said on Friday it  would pay veteran aerospace executive Alan Mulally $18.5  million to join the troubled automaker as its new chief  executive in addition to an annual salary of $2 million.
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DETROIT -- Cash-strapped Ford Motor Co. has sold a controlling stake in the Aston Martin brand, made famous by its exotic sports cars appearing in James Bond movies, raising $848 million to help fund its turnaround plan.
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Ford Motor Co.  said on Monday it plans to raise $18 billion in debt financing to fund its restructuring, the latest sign the automaker is struggling to turn around its money-losing North American operations.
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Ford Motor Co.  said on Wednesday it estimates that its restructuring plan, dubbed "Way Forward," will cost the automaker a total of $11.18 billion, with most of that going to programs to lay off employees.
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Ford Motor Co. plans to announce an $800 million redevelopment of its plant in Oakville, Ontario, the Toronto Star reported Friday.
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Ford Motor Co. said on Monday it had reached a preliminary agreement to sell its Automotive Components Holdings (ACH) unit's climate-control business to French car parts maker Valeo.
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Ford Motor Co.  expects to secure  a contract with the United Auto Workers union that puts the  struggling No. 2 automaker in a stronger competitive position,  one of Ford&#39;s chief negotiators said on Monday.
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Ford Motor Co  said on Tuesday it  plans to invest $500 million in India to double manufacturing  capacity by 2010 and make a small car and engines to compete  more effectively in the fast-growing market.
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NEW YORK/DETROIT  - Ford Motor Co.  said on Monday it plans to borrow $18 billion by pledging assets as collateral, an unprecedented requirement that highlights its worsening financial condition.
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Ford Motor Co., the nation's second-biggest automaker, said Thursday it swung to a profit of $104 million in the fourth quarter from a loss of $793 million a year ago, when it incurred heavy charges for restructuring in Europe and a new agreement with its top supplier hurt the bottom line.
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Ford Motor Co.  on Tuesday reported a higher-than-expected quarterly profit on strength in its finance arm.
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VAN BUREN TOWNSHIP, Mich. - Visteon Corp. is offering its 8,100 white-collar employees $1,000 cash bonuses to buy Ford Motor Co. vehicles and boost its largest customer and former parent company in its race with General Motors Corp.
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Ford Motor Company  has  earmarked 1 billion pounds (&#36;1.84 billion pounds) in Britain to  develop environmentally friendly technology for its cars, Ford  of Europe said on Monday.
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Ford Motor Co. said on Tuesday it  was offering low-rate financing deals on many of its 2007  model-year vehicles and interest-free loans on its 2006  vehicles to boost sales.
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Aston Martin is one of three British companies that Ford may sell as part of its effort to finance a turnaround in North America.
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Ford Motor Co.  expects to secure a contract with the United Auto Workers union that puts the struggling No. 2 automaker in a stronger competitive position, one of Ford's chief negotiators said on Monday.