Ford sell-off raises job concerns
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Union leaders voice concerns about Ford's decision to put its UK luxury car firms Jaguar and Land Rover up for sale.
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Ford Motor Co. said Friday its US sales fell in September despite aggressive month-end incentives. Ford (F: up $0.05 to $14.10, Research, Estimates), the nation&#39;s second-largest automaker
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Ford Motor Co. could announce a new round of salaried job cuts as soon as Friday, according to a published report.
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Britain said Tuesday it has contacted ailing US automaker Ford amid concern for 19,000 British jobs following a report that Ford sought to sell its British luxury brands Jaguar and Land Rover.
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Another disappointing sales month at General Motors Corp. and Ford Motor Co. led the nation&#39;s two largest automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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The joint venture has drawn concern that the imports could lead to job losses at Detroit-based manufacturers.
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Trade union leaders said they would meet with bosses at Ford this week amid reports the US car giant plans to shut a plant in Warwickshire making luxury Jaguar cars, resulting in 2,000 job losses.
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General Motors Corp. and Ford Motor Co. this week reported disappointing US sales for August, prompting the nation&#39;s two largest automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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General Motors Corp. and Ford Motor Co. reported disappointing U.S. sales Wednesday, prompting the nation's two largest automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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Ford Motor Co. said Tuesday it was reviewing its position on Jaguar and Land Rover, fueling speculation that the Dearborn-based company is getting closer to selling them.
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Ford Motor Co.  on Wednesday said a total of 38,000 employees -- almost half of the automaker's U.S. factory workforce -- had accepted buyout offers to leave the company.
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Fordâs decision comes after the companyâs board met last week, according to people with knowledge of the situation.
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Ford Motor Co.  on Thursday said  it was trying to sell its Aston Martin luxury unit to free up  funds to invest in its other brands amid a sharp downturn in  sales.
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DETROIT -- General Motors Corp. and Ford Motor Co. reported disappointing US sales yesterday, prompting the nation's two largest automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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By Christopher Hope Business Correspondent (Filed: 28/08/2004). A question mark is hanging over the future of Jaguar&#39;s three British plants, which employ 7,500 staff, after its owner Ford said it was cutting
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Ford says it might sell off the luxury Aston Martin brand following a review of the unit's future.
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Ford Motor Co. F.N posted its seventh   consecutive decline in U.S. monthly sales on Friday,   underscoring pressure on the automaker as it readies an   accelerated turnaround plan driven by a collapse in the market   for trucks and sport utility vehicles.