Ford to Offer 75,000 Buyouts Under New Plan
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Further job cuts, spending cuts and changes in FordÂs lineup of car and trucks are also expected.
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Ford will raise $848 million toward its overhaul plan by selling Aston Martin, its British luxury sports car brand.
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The Ford Motor Company plans to announce on Monday that it will offer Sirius Satellite Radio in more of its cars and trucks and that it will begin installing the satellite
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LONDON (CBS.MW) -- Ford Motor Co. (F) said it has agreed to sell its Formula One businesses for an undisclosed price, as part of its plans to boost its Jaguar Cars units.
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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
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Ford Motor Co. F.N will present to   its board of directors on Wednesday a massive corporate   restructuring plan that will lower white-collar costs by 30   percent and include cutting jobs and benefits, according to the   online version of The Wall Street Journal.
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Cash-strapped Ford Motor Co. took a step yesterday toward selling its Jaguar and Land Rover units when it received an undisclosed number of opening bids for the British automaking businesses.
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Ford Motor Co  on Thursday posted a narrower fourth-quarter loss after cutting costs and boosting margins on vehicles and said it would offer broad buyouts to union workers in the United States.
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A variety of companies, including private equity firms and possibly other automakers, have been preparing bids to buy two of Fordâs luxury brands.
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The Ford Motor Company raised its third-quarter earnings guidance today and unveiled the beginning of a restructuring plan for its struggling Jaguar division.
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The U.A.W. agreed on a program to offer buyouts of up to $140,000 each to all of FordÂs hourly workers in the U.S.
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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 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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Ford said its estimated $11.18 billion accelerated overhaul plan would go toward programs to lay off employees.
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Ford Motor Co.  on Wednesday said about 38,000 of its union workers have accepted its buyout offers, part of a broad restructuring effort at the second-largest U.S. automaker.
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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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Chrysler LLC said on Monday it is offering buyouts of up to $100,000 each to an unidentified number of hourly workers at 12 of its Detroit-area facilities as part of its November plan to eliminate up to 10,000 unionized jobs.