Ford Pledges Major Assets in Financing
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Ford mortgaged nearly all its domestic assets to raise $18 billion to pay for several more years of restructuring.
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Struggling auto giant Ford Motor Co. has said it would produce about two million engines per year in the UK by 2009, thanks to a multi-million-pound investment in &quot;flexible&quot; manufacturing.
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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., the second-largest US automaker, posted a $266 million profit for the third quarter, led by its unit that makes car and truck loans.
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The bond firm plans to tackle riskier investments.
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Ford Motor Co.  heads into a round of contract talks with its major union as the automaker seeks sweeping changes worth billions of dollars that would transform it into a strong contender, according to people familiar with the upcoming negotiations.
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ChannelNet announced today that Ford's current "0% percent financing for 72 months" promotion has produced record-breaking traffic on Ford's extensive network of Web sites. Web site traffic was up 70% and new inventory searches grew 100% during the week following the launch of the promotion.
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Ford Motor Credit Co., the finance subsidiary of Ford Motor Co. , said on Friday a previously announced restructuring plan would result in charges of $290 million, including $200 million to fund job cuts.
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Ford of Europe today announced a major commitment to the World Rally Championship. The Company has entered into a four-year agreement with Malcolm Wilson&#39;s British
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Ford Motor Co., struggling to overcome record losses this year, plans to borrow as much as $18 billion to pay for US job cuts and factory shutdowns and will back its loans with collateral for the first time.
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Ford made a four-year commitment to the world rally championship Tuesday, ending fears that they could pull out of that series as well as Formula One.
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Ford Motor Co said on Wednesday it will match rival General Motors Corp.&#39;s offer of interest-free car loans for up to six years on 2004 model-year vehicles.
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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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Ford Motor Co.  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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Renders to be realised next spring, firm pledges
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Ford has raised its third-quarter and 2004 profit forecasts because of strength in its financial services business and cost improvements in its car operations.
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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.