Radical surgery on Ford Motor Co.

DEARBORN, Mich., Sept. 15 (UPI) -- Ford Motor Co. will lay off 14,000 salaried workers, close more North American factories and says it still won't make money until 2009.

Ford Motor names replacement for Bill Ford

DEARBORN, Mich., Sept. 5 (UPI) -- Ford Motor Co., the No. 2 U.S. carmaker, has replaced Bill Ford as chief executive with Boeing Co. executive Alan Mulally.

Ford CEO talks of plans to fix automaker

DETROIT, Sept. 4 (UPI) -- U.S. Ford Motor Co. Chairman Bill Ford Jr. says the No. 2 automaker has plans to fix its problems in North America. In an interview with Newsweek, Ford said, "We understand that it requires extraordinary action, and we are taking that." The interview was

Ford wants to sell Aston Martin brand

DEARBORN, Mich., Aug. 31 (UPI) -- Ford Motor Co., the No. 2 U.S. carmaker struggling to shed assets to regain profitability, wants to sell its prestigious British Aston Martin business.

Ford Motor's president resigning July 1

DEARBORN, Mich., April 7 (UPI) -- Ford Motor Co.'s president and chief operating officer, James J. Padilla, is resigning effective July 1.

Ford idling 14 plants, losing 30,000 staff

DEARBORN, Mich., Jan. 23 (UPI) -- Ford Motor Co. unveiled a radical makeover Monday, with plans to close 14 factories and lay off as many as 30,000 people.

Ford directors see restructuring details

DETROIT, Dec. 7 (UPI) -- Financially troubled Ford Motor Co. is briefing directors about plans to close 10 factories and lay off as many as 30,000 North American workers. Details of the reorganization, which was being explained to board members Wednesday and Thursday, will take p

Ford Motor solicits employee ideas

DETROIT, Oct. 25 (UPI) -- With sales lagging, Ford Motor Co. has turned to employees for advice, actively seeking ideas to turn North American operations around.

Ford to reveal restructuring in January

DETROIT, Oct. 20 (UPI) -- Ford Motor Co., which lost $1.3 billion last quarter, will not reveal a planned massive restructuring plan until January, officials said.

Three Ford execs departing

DEARBORN, Mich., Oct. 11 (UPI) -- Ford Motor Co. has announced that three of its top executives are leaving.

End of line for gas hog Ford Excursion

LOUISVILLE, Ky., Sept. 30 (UPI) -- The last Ford Excursion rolls off the line at the Louisville, Ky., assembly plant Friday as Ford Motor Co. turns to more fuel-efficient vehicles.

Many displaced in Tennessee may stay

NASHVILLE, Sept. 4 (UPI) -- Emergency management officials estimate some 20,000 people displaced by Hurricane Katrina have arrived in Tennessee, but the number could rise to 30,000.

Ford hints at big restructuring disclosure

DETROIT, Aug. 24 (UPI) -- Ford Motor Co.'s second restructuring in four years, which could include plant closures and layoffs, will be disclosed by the end of fall.

Jockstrip: The world as we know it

Software can grade college student essays ... Hot rodding making a comeback ... 'All the President's Men' a best seller ... Mustang automaker to help wild mustangs

Mustang automaker to help wild mustangs

DETROIT, June 5 (UPI) -- The automaker of the Mustang sports car will help save some 2,000 wild mustangs in the western United States.

Ford descendant moving up in the ranks

DETROIT, June 3 (UPI) -- A 38-year-old descendant of Ford Motor Co.'s founder is taking another quick step up the career ladder at the second largest carmaker in the United States.

Head of Ford Motor Co. refuses paycheck

WILMINGTON, Del., May 13 (UPI) -- The head of beleaguered Ford Motor Co. told shareholders during a Wilmington, Del., meeting he would forego pay until the company turns a profit.

Bill Gates pitches to Detroit

DETROIT, April 30 (UPI) -- Bill Gates visited Detroit's auto industry on a mission to persuade manufacturers and suppliers Microsoft Corp. software can help cars and trucks.

Former Ford CEO Trotman dead

DETROIT, April 26 (UPI) -- Former Ford chief Alex J. Trotman, who helped make the U.S. automaker the most profitable in his times, has died in Yorkshire, England, at age 71. The English-born, Scottish-educated Trotman died at home Monday after a brief illness, the Detroit Free Pres

Ford CEO earnings jump as car sales soar

DETROIT, April 7 (UPI) -- Ford Chairman and Chief Executive Officer Bill Ford's earnings took a big jump as car sales rebounded sharply, it was reported Thursday.

Ford scion to retire

DETROIT, March 10 (UPI) -- William Clay Ford Sr., a scion of the Ford Motors' founding family who guided the company since 1948, will retire from the board of directors in May.

Ford heir becomes automaker Hollywood link

HOLLYWOOD, Jan. 3 (UPI) -- this was slugged top news, but i would have made it ent. or biz. alex

Ford Motor names Padilla president

DEARBORN, Mich., Dec. 9 (UPI) -- Ford Motor Co. Thursday named Chief Executive Officer Jim Padilla president to succeed Nick Scheele, who is retiring in February.

Ford's Nick Scheele on the way out

LONDON, Nov. 15 (UPI) -- A clash between the head of Ford Motor and Nick Scheele, president of the company's British operations, has prompted Scheele to call it quits.

Ford plans new products with less rebate

DETROIT, Nov. 11 (UPI) -- Ford says it expects its market plunge to end within six months as the company banks on new products with fewer incentives.
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