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To avoid a meltdown in 2006, Ford Motor Co. mortgaged the farm putting up its assets – including its Blue Oval logo, and F-150 pickup and iconic Mustang trademarks – to secure $23.5 billion in credit.
DETROIT, April 26 (UPI) -- General Motors, 32 percent owned by U.S. taxpayers, has implored the government to allow it to raise pay levels for top-level executives.
President Obama went to the Daimler Truck Manufacturing Plant in Mount Holly, N.C., last week and proposed spending $1 billion to help 10 to 15 U.S. communities put in infrastructure to support electric and other alternative-fuel vehicles.
AUBURN HILLS, Mich., March 7 (UPI) -- Chrysler Group Chief Executive Officer Sergio Marchionne worked without compensation in 2011, the second straight year he has done so, company documents reveal.
Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
DEARBORN, Mich., Oct. 26 (UPI) -- Ford Motor Co. said Wednesday its North American production target for the fourth quarter was 660,000 vehicles, up 15,000 from a previous company forecast.
DEARBORN, Mich., Oct. 3 (UPI) -- United Auto Workers leadership signaled without confirmation that they were close to reaching a tentative deal with U.S. automaker Ford Motor Co.
MARTHA'S VINEYARD, Mass., Aug. 23 (UPI) -- President Barack Obama got advice for his jobs plan from billionaire investor Warren Buffett and Ford chief Alan Mulally, a White House spokesman said.
DEARBORN, Mich., April 2 (UPI) -- U.S. automaker Ford Motor Co. can "forget about" asking for concessions from union workers in contract talks this year, a professor of labor relations said.
DEARBORN, Mich., March 8 (UPI) -- U.S. automaker Ford Motor Co. revealed that it had paid its top two executives nearly $100 million in 2010.
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