Ford sees challenges in first half of 2008
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Ford Motor Co  expects a challenging first half of 2008 for all automakers in the United States with a drop in industrywide retail sales, Ford's North American president said on Monday.
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Despite rising fuel prices that threaten sales of Ford Motor Co.'s bread-and-butter trucks and sport utility vehicles, chairman Bill Ford says the nation's No. 2 automaker is poised to sustain a financial turnaround by increasing its retail sales in the crucial American market.
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Ford Motor Co . is set to choose a frontrunner to buy European brands Jaguar and Land Rover around the end of this week as it moves towards a sale early in 2008, said a person close to the matter on Monday.
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The way that Detroit auto executives have been talking, 2008 will be a bad year to sell cars and trucks in the United States.
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Ford Motor Company is nearing a deal to sell its Aston Martin brand in an effort to free up cash as the company's North American business faces challenges, The Wall Street Journal reported Monday.
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Ford Motor Co.  is on  track to meet its goal of making its North American auto  business profitable by 2008 and remains committed to that  target, a senior executive said on Wednesday.
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Ford (NYSE: F) may have proclaimed the 2005 model year as the &quot;Year of the Car,&quot; but DaimlerChrysler (NYSE: DCX) threatens to steal its thunder in 2005 and beyond.
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Despite FordÂs latest revamping vision, Wall Street analysts still downgraded the company and criticized its turnaround plan.
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What a difference six years make. Just ask Ford Motor Co., which is beset on so many fronts these days that it might as well consider adding "Struggling" to its name.
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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.  Chief  Executive Alan Mulally said on Monday that the No. 2 U.S.  automaker was keeping its target to return to the black by  2009, although the world economy might be hurt by the U.S.  mortgage crisis.
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DEARBORN, Michigan  - Ford Motor Co.  is ahead of where it expected to be in reducing an overhang of excess production capacity at this point in its turnaround effort and has made "encouraging progress" in stabilizing its U.S. market share, a senior executive said on Friday.
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Ford Motor Co.  on Wednesday said it was setting first-quarter North American production below the 2004 quarter's levels as U.S. sales fell again in November.
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Ford Motor Co's  Chairman Bill Ford on Sunday said the automaker's plan to return its North American operations to profitability in 2009 is "progressing very well."
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The recovery of Ford Motor Co. -- even   with plans to cut 45,000 jobs, close 16 factories and save $5   billion -- hinges on a deceptively simple solution: it has to   build cars people want to drive, analysts said.
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Ford Motor Co.  President and  Chief Executive Alan Mulally said on Thursday the automaker  would realign its organization to put more focus on worldwide  markets and customers.
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Ford admits its sale of Jaguar and Land Rover is being affected by the markets turmoil, but says the process is not slowing down.