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Ford investor concerned with departures

DEARBORN, Mich., Oct. 22 (UPI) -- U.S. billionaire investor Kirk Kerkorian is concerned high level departures at Ford Motor Co. signal trouble at the company, a source said.

Ford pays top executives top dollar

DEARBORN, Mich., April 4 (UPI) -- Ford Motor Co. paid Chief Executive Alan Mulally $21.7 million in 2007, a filing with the Securities and Exchange Commission revealed Friday.

Ford shopping warranty service subsidiary

DEERBORN, Mich., Oct. 11 (UPI) -- No. 2 U.S. carmaker Ford has begun exploring options regarding its automobile Protection Corp., with an eye toward selling the business.

Report: GM, Ford talk merger

DETROIT, Sept. 18 (UPI) -- Executives from Ford Motor Co. and General Motors Corp. have discussed a merger or alliance, Automotive News reported Monday.

Quality costs at Ford rise $500 million

DETROIT, Oct. 23 (UPI) -- Ford Motor Co. says its quality-related costs have increased by $500 million this year over the first nine months of 2004.

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.

Toyota's stars looking even brighter

TOKYO, July 22 (UPI) -- Japan's economy is on the road to recovery, thanks to a surge in exports and aggressive cost-cutting as well as restructuring efforts by companies. But one of t

S&P cuts Ford's credit rating

NEW YORK, Nov. 12 (UPI) -- Standard and Poor's cut Ford Motor Co.'s credit ratings to one notch above junk status Wednesday, the Detroit Free Press reported.
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