Ford hires M&A expert
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Ford Motor Co.  on Wednesday said  its second-quarter loss was more than double what it previously  reported due to higher pension-related costs and now expects  its luxury unit to be unprofitable for the year.
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Buyout firm Cerberus Capital Management LP  has hired Chrysler's former chief operating officer to advise it on a possible bid for the U.S. carmaker, the Financial Times reported on Wednesday.
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Business & money: Ford has appointed investment bankers to investigate the prospects of selling its two luxury UK brands, three months after it sold Aston Martin.
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Ford Motor Co. Tuesday surprised the auto industry by tapping senior Boeing executive Alan Mulally as its new chief executive officer, succeeding current CEO Bill Ford, who will stay on as chairman.
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Ford Motor Co.  announced on  Thursday a shake-up of its top management intended to  streamline vehicle development efforts and bring Chief  Executive Alan Mulally closer to key operations.
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Automaker Ford Motor Co.  is in  talks to sell some luxury-auto brands to an investment group  led by its former Chief Executive Officer Jacques Nasser,  Bloomberg news service reported on its Web site, citing four  people familiar with the discussions.
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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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Ford Motor Co. may again help its  former unit Visteon Corp., but the struggling parts maker has  some hard decisions to make first, Ford Chairman and Chief  Executive Bill Ford Jr. said Wednesday.
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Ford Motor (nyse: F - news - people ) pulled over for an executive tune-up today, announcing that two company veterans, President Nick Scheele and Vice Chairman Allan Gilmour will retire from the company.
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The Indian company said that it was entering detailed talks with Ford about the takeover of Jaguar and Land Rover, confirming what investors and analysts have anticipated for months.
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DETROIT  -Ford Motor Co.  said on Friday it  would pay veteran aerospace executive Alan Mulally $18.5  million to join the troubled automaker as its new chief  executive in addition to an annual salary of $2 million.
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- Ford Motor Co.  said it signed a memorandum of understanding (MoU) for the sale of its automotive components holdings climate control business to France-based Valeo .
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Ford Motor Co. named former Boeing   executive Alan Mulally as chief executive on Tuesday, ending   the troubled five-year stint of Bill Ford Jr. as the   operational head of the automaker founded by his   great-grandfather.
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The boss of troubled carmaker Ford admits the firm needs a new business model to return to profitability.
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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.
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The decision to talk to interested buyers comes as Ford also is trying to sell its two other European luxury brands, Jaguar and Land Rover.
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With the hiring of a new chief executive, Ford is said to believe it can resolve its financial crisis without any outside help.