Detroit News (Free subscription) | yesterday
WASHINGTON -- Likely Democratic presidential nominee Barack Obama issued a statement today praising Ford Motor Co.'s latest restructuring plan, unveiled by the automaker on Thursday.
Auto Channel (Free subscription) | yesterday
To access the call, please dial 800-299-0433 about 10 minutes prior to the start time and ask to be connected to the Ford sales conference call. For international participants, please dial 617-801-9712. Following the call, a telephone replay will be available through Friday, August 8 at 888-286-8010 or 617-801-6888 (for international participants), passcode 18342934.
Auto Channel (Free subscription) | 07/24/2008
During the second quarter of 2008, higher fuel prices and the weak economic climate in North America resulted in a pronounced shift in consumer preferences from full-size trucks and traditional sport utility vehicles to smaller, more fuel-efficient vehicles. This shift in consumer preferences combined with a weak economic climate caused a significant reduction in auction values for used full-size trucks...
San Diego Union (Free subscription) | yesterday
DEARBORN, Mich. – Bleeding cash and with its very survival uncertain, Ford Motor Co., an icon of American automaking, will try to import some of its success from across the Atlantic. Ford reported its worst-ever quarterly loss yesterday and announced plans to bring over six small, fuel-efficient cars it makes in Europe and start selling them in North America, where Ford is losing billions on its truck-heavy...
atHome Top Story (Free subscription) | yesterday
Ford Motor Co. posted the worst quarterly performance in its history yesterday, losing $8.67 billion (U.S.) in the second quarter.
The Washington Times (Free subscription) | yesterday
Ford Motor Co., the world's third-biggest automaker, posted a record quarterly loss of $8.7 billion and accelerated a conversion to fuel-efficient vehicles to wean itself from money-losing trucks.
Philadelphia Inquirer (Free subscription) | yesterday
DETROIT - Ford Motor Co. posted its worst quarterly loss ever yesterday in a roiling global auto market that also saw profits fall at Daimler AG, Hyundai Motor Co. and AutoNation Inc. Renault SA reported a profit increase in the first half of the year but still plans to cut jobs and scale back production.
Deseret Morning News (Free subscription) | yesterday
Ford Motor Co. on Thursday reported a second-quarter loss of $8.7 billion, or $3.88 a share the company's worst quarterly results ever.
Detroit News (Free subscription) | yesterday
Ford Motor Co.'s decision to accelerate its automotive emigration plan -- in the wake of a record $8.7 billion second-quarter loss and a shift in consumer demand toward fuel-sipping cars -- shouldn't surprise anyone. The automaker should have opened that border years ago.
Detroit Free Press (Free subscription) | yesterday
Alan Mulally, nearly two years after leaving Boeing Co. to quarterback Ford Motor Co.'s comeback effort, just got knocked on the seat of his pants. Now we get to see what he's made of.
Tampa Bay Online (Free subscription) | yesterday
Bleeding cash and with its very survival uncertain, Ford Motor Co., an icon of American automaking, will try to import some of its success from across the Atlantic.
New York Newsday (Free subscription) | yesterday
As truck and SUV sales fall, CEO Alan Mulally says it will move toward producing smaller, more fuel-efficient cars. Three months ago, Ford Motor Co. reported an unexpected $100-million first-quarter profit, and quiet jubilation ensued on Wall Street. But on Thursday, Ford brought down the hammer of reality, reporting its largest quarterly loss ever. It blamed the $8.7-billion shortfall on soaring gasoline...
Seattle Post-Intelligencer (Free subscription) | yesterday
Ford Motor Co., which posted its worst quarterly loss ever Thursday, expects the U.S. economy will begin to recover in 2010, said Chief Executive Alan Mulally. Ford, however, will not.
Financial Time (Free subscription) | yesterday
Ford Motor has unveiled an ambitious facelift for its troubled North American operations aimed at shifting its focus from big pick-up trucks and sport-utility vehicles...
Seattle Times (Free subscription) | yesterday
Ford Motor Co. posted its worst quarterly loss ever Thursday in a roiling global auto market that also saw profits fall at Daimler AG, Hyundai Motor Co. and AutoNation Inc. Renault SA reported a profit increase in the first half of the year but still plans to cut jobs and scale back production.
