Ford to close plants
DET2002011103- 11 JANUARY 2002- DEARBORN, MICHIGAN, USA: Ford Motor Company executives (LtoR), Martin Inglis, Ford CFO & group vice -president; Bill Ford, Ford Chairman & CEO, Nick Scheele, president and chief operating officer and Jim Padillo, Group vice- president address the media regarding Ford's future plans. Ford announced that five U.S. plants will close, eliminating 37 thousand jobs, worldwide. The company will also discontinue four current models. bg/Ford Motor Company UPI.
Latest Headlines
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.
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.
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.
DETROIT, Jan. 22 (UPI) -- Electric cars can drive Detroit to a new era of progress, Ford's Executive Chairman Bill Ford says.
ANN ARBOR, Mich., Jan. 21 (UPI) -- Ford Motor Executive Chairman Bill Ford told University of Michigan business students "if you are thinking about staying in Michigan please do. We need you."
WILMINGTON, Del., May 13 (UPI) -- U.S. automaker Ford Motor Co. said Thursday it was aiming to reduce its $34 billion debt before it would resume paying dividends to shareholders.
DETROIT, Jan. 13 (UPI) -- Ford Motor Co. executives at the North American International Auto Show in Detroit said a quick bow was enough, then it was time to get back to work.
DETROIT, Jan. 11 (UPI) -- Ford Motor Co. said Monday it would assign production of a new hybrid and an electric car to the Michigan assembly plant, where the Ford Focus is built.
WILMINGTON, Del., May 14 (UPI) -- Ford Motor Co. shareholders in Delaware Thursday called for more executive pay disclosures, but praised executives for avoiding federal bailout funds.
WASHINGTON, Sept. 17 (UPI) -- U.S. automakers have shifted their focus in Washington from requesting a $50 billion loan to securing $25 billion promised last year, observers said.
Quotes
United Press International
United Press International
United Press International
United Press International
United Press International