Ford loss narrows; to offer buyouts
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Ford Motor Co  posted a sharply  narrower fourth-quarter loss on Thursday after cutting costs  and boosting margins on vehicles and said it expects a net loss  for the full year 2008.
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Ford Motor Co.  had preliminary talks with Cerberus Capital Management about selling Cerberus its Jaguar and Land Rover brands, but the discussions have been inconclusive, according to a report on the website of The Wall Street Journal.
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Ford Motor Co.  has hired  investment banks to help it explore options including a sale of  its Jaguar and Land Rover European luxury brands, sources  familiar with the matter said, as several companies ruled  themselves out from bidding.
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Ford would prefer not to keep a stake in its Jaguar and Land Rover units, when and if the automaker finds a buyer for the two luxury brands.
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BUSINESS IN BRIEF  FORD POSTS RECORD  LOSS OF $12.7 BILLION  DEARBORN, Mich. - Ford Motor Co. posted a $12.7 billion loss in 2006, the largest annual loss in the fabled automaker's 103-year history.
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DETROIT -- Ford Motor Co. plans to offer buyout and early retirement packages to more than 75,000 of its employees, a United Auto Workers union official said Thursday.
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Loss-making Ford Motor Co.  is planning to sell Swedish car maker Volvo  and German carmaker BMW  could be a possible buyer, a Swedish newspaper said on Monday.
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Ford Motor Co.  had preliminary  talks with Cerberus Capital Management about selling Cerberus  its Jaguar and Land Rover brands, but the discussions have been  inconclusive, according to a report on the website of The Wall  Street Journal.
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Ford Motor Co.  is expected to  post its eighth straight quarterly loss on Thursday as  investors focus on signs of progress in the automaker&#39;s  turnaround and its sale of luxury brands, analysts said.
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Ford Motor Co.  said on Monday it  plans to obtain financing totaling about $18 billion to address  near-and medium-term negative operating-related cash flow, to  fund its restructuring, and to provide added liquidity.
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Ford Motor Co  posted a sharply narrower fourth-quarter loss on Thursday after cutting costs and boosting margins on vehicles and said it expects a net loss for the full year 2008.
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By Ja'Rena Lunsford, The Daily Oklahoman  Feb. 8--Record net losses, a shrinking market share and job cuts have hit Ford Motor Co. hard over the last few years. But the automaker is determined to hit back and prove to its critics that Ford is not about to crash.
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The decision to talk to interested buyers comes as Ford also is trying to sell its two other European luxury brands, Jaguar and Land Rover.
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Ford Motor Co. swung to a third-quarter profit, but losses at the automakerâs global automotive operations widened, underscoring the difficulty Ford still faces
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Ford manages to half its latest losses, but still warns that it will most likely fail to make a profit in 2008.
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Ford Motor Co. F.N will offer buyout   packages of up to $140,000 to all of the more than 75,000   workers at its U.S. plants, the United Auto Workers union said   on Thursday, a day before the automaker details a revised   turnaround plan in response to slumping sales.
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Ford Motor Co. is seeking buyers for its Volvo, Jaguar, and Land Rover brands in Europe as the money-losing automaker tries to focus on North America, two people familiar with the strategy said.