Ford mulls Russian expansion, eyes Romania bid
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Ford Motor Co will consider adding production capacity in Russia to meet rising demand in Europe's fastest-growing major market, the head of the automaker's European operations said on Wednesday.
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Ford Motor is desperate for cash, so it is considering selling its European luxury car maker Volvo.
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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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Ford Motor Company signed a collective bargaining agreement with the union representing its Russian employees, averting a strike in a country that has been a bright spot for the automaker. Sales in Russia are booming; Ford made 60,000 Focus cars in Russia last year and plans to produce 75,000 this year. The company agreed to raise wages 14 percent to 20 percent and to guarantee that jobs will not be lost in outsourcing to subcontractors, according to Aleksei V. Etmanov, the union president.
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NANJING, China  - 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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Ford said it was working with financial advisers to sort out the future of the two British brands.
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STUTTGART, Germany  - Potential buyers have   already approached Ford Motor Co F.N about its prestigious   British brand Aston Martin, a spokesman for the U.S. carmaker's   European group of premium brands said on Thursday.
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Fordâs decision comes after its board met last week, according to people with knowledge of the situation.
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Ford Motor Co.  is considering  selling its Volvo Cars business as it assesses the future of  its European operations, a source familiar with the matter said  on Sunday.
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Ford Motor Co  has submitted the sole bid in a tendering for a majority stake in Romanian car-maker Daewoo Automobile Craiova, state privatisation agency AVAS said on Thursday.
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The US automaker Ford Motor Co. is negotiating with Slovakia&#39;s government to build an auto parts plant in the nation&#39;s east, a newspaper reported Tuesday.
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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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Chrysler Group  plans to strengthen its presence in Russian car sales and production, a top executive said in the advance abstract of an interview with Automotive News Europe.
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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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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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ST PETERSBURG, Russia  - U.S. car maker Ford Motor Co  will resume full production at its Russian plant on Monday after a four-week strike that threatened to curtail a planned increase in output.
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U.S. car maker Ford  is  considering building an assembly plant in Slovakia, the  economic daily Hospodarske Noviny said on Wednesday, citing  unnamed sources.