Ford management &#39;to blame
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US carmaker Ford&#39;s latest Formula One programme failed because it was not headed by the &#39;right management.&#39;. That&#39;s the claim of 1964 world champion and 70-year-old Briton John Surtees.
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DETROIT -- A top Ford Motor Co. executive defended the company's revised turnaround plan against criticism that it did not go far enough, saying yesterday that moving any faster would end up costing the automaker more.
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Cruising along the ever-stretching road of decline. Auto giant Ford Motor (nyse: F - news - people ) reported vehicle sales in October that fell 5% from a year ago.
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Ford Motor Co  needs a new business  model and may turn to outside executives and alliances with  other carmakers, according to a Financial Times report on  Sunday citing a memo it said was sent to staff by chairman and  chief executive Bill Ford.
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DIAGNOSING the problems faced by Europeâs car industry isnât rocket science - but listening to Europeâs auto bosses youâd think the causes of the malaise were unfathomable.
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Ford Motor Company has announced the retirement plans of President Nick Scheele and Vice Chairman Allan Gilmour. Chief Operating Officer Jim Padilla will become Ford president and has been elected to the Board
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n an apparent mea culpa, the chief executive of Wal-Mart Stores said yesterday that the company&#39;s &quot;message has not in fact gotten out&quot; and called it &quot;management&#39;s failure.
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Ford motors yesterday blamed Jaguar, the iconic British luxury car manufacturer, for the bulk of its huge losses in its upmarket car division, saying it was forced to axed 1,150 jobs in the UK to save the business from ruin.
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Ford has ditched Oracle&#39;s online purchasing system eVEREST, because of flaws in the software. The car manufacturer has reportedly spent more than $200m trying to get the system to work since it bought it in 2000.
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In &quot;The Reckoning,&quot; his masterful 1986 book on the US auto industry, the journalist David Halberstam criticized the Big Three automakers - General Motors, Ford and Chrysler - and their unionized workers for complacency and shortsightedness that he said
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Eddie Jordan says he is angry with Ford, not only because of their decision to withdraw from F1, but also the way they are behaving towards him.
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Ford Motor Co. lost $5.8 billion in the fourth quarter amid slumping sales and huge restructuring costs, pushing the fabled automaker's deficit for the year to $12.7 billion, the largest in its 103-year history
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Ford&#39;s sale of elite sports-car maker Aston Martin is a sign of deeper troubles at the US automaker after a failed foray into luxury European brands and a loss of focus on its critical US market, said analysts.
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Ford Motor Co. F.N is recalling about  40,000 minivans because their wheel hubs may develop cracks.
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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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Henry Ford once said that his factories didn&#39;t make cars, &quot;they make money.&quot; It is a philosophy Bernie Ecclestone would surely understand more than most after his surgically dispassionate decision yesterday not to include the British grand prix on the
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Ford's US sales fall 10%, adding to the pressure on the carmaker but rival General Motors enjoys a rise in sales.