Ford plans to secure $18 bln in financing
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NEW YORK/DETROIT  - Ford Motor Co.  said on Monday it plans to borrow $18 billion by pledging assets as collateral, an unprecedented requirement that highlights its worsening financial condition.
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Ford Motor Co., the nation's second-biggest automaker, said Thursday it swung to a profit of $104 million in the fourth quarter from a loss of $793 million a year ago, when it incurred heavy charges for restructuring in Europe and a new agreement with its top supplier hurt the bottom line.
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Ford Motor Co. F.N on Tuesday  reported a higher-than-expected quarterly profit on strength in  its finance arm.
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TORONTO - Ford Motor Co. is reported to be on the verge of announcing a $1-billion investment at its plant in Oakville, Ont. The company has decided to build a flexible manufacturing plant at the site, the Toronto Star reported Friday.
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U.S. giant Ford Motor Co  has offered 57 million euros ($78 million) for the Romanian government's majority stake in troubled carmaker Automobile Craiova SA , officials said on Friday.
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Ford Motor Co . could announce the sale of its Aston Martin luxury performance cars unit for more than 450 million pounds ($865 million) as early as this week, a source familiar with the matter 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  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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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.  said on Wednesday it estimates that its restructuring plan, dubbed "Way Forward," will cost the automaker a total of $11.18 billion, with most of that going to programs to lay off employees.
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DEARBORN, Mich. -- Ford Motor Co. said Monday it plans to get about $18 billion in financing in part to address near- and medium-term negative operating-related cash flow and fund its restructuring.
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Ford Motor Co.  said on Wednesday it estimates that its accelerated restructuring plan, announced in September, will cost $11.18 billion, with most of that going to programs to lay off employees.
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DETROIT -- Ford Motor Co. plans to offer buyout and early retirement packages to more than 75,000 of its employees, a United Auto Workers union official said Thursday.
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Ford is understood to have chosen three investment banks to help it sell Britain's Jaguar and Land Rover.
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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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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  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.