Ford Motor Credit cutting payroll by 2,000

DEARBORN, Mich., Sept. 28 (UPI) -- Ford Motor Credit Co. said Thursday it will cut its North American salaried payroll by 2,000 people.

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.

Ford Motor to increase buyouts

DEARBORN, Mich., Aug. 30 (UPI) -- Ford Motor Co. will increase the buyouts being offered to 325 of the 1,500 workers at the U.S. automaker's Woodhaven Stamping Plant.

Ford Motor offers interest-free loans

DEARBORN, Mich., Aug. 25 (UPI) -- Ford Motor Co. of Dearborn, Mich., is offering no-interest loans for up to six years to clear out 2006 model year vehicles.

Robert Rubin leaves Ford Motor's board

DEARBORN, Mich., Aug. 25 (UPI) -- Former U.S. Treasury Secretary Robert E. Rubin has resigned as a director of Ford Motor Co. citing a potential conflict of interest arising from his duties as a member of the chairman's office at Citigroup Inc.

Ford aims to reduce number of dealers

DETROIT, Aug. 15 (UPI) -- Ford Motor Co. wants to decrease the number of U.S. retailers selling its vehicles, the Detroit Free Press reported Tuesday. The No. 2 U.S. automaker, which has 4,300 U.S. dealers, has targeted Ford, Lincoln and Mercury dealerships in 18 markets.

GM, Ford, Mazdas getting iPod connections

CUPERTINO, Calif., Aug. 3 (UPI) -- California's Apple Computer Inc. says new vehicles from General Motors Corp., Ford Motor Co. and Mazda Motor Corp. will have iPod connections.

Ford hires outsider to propose divestments

DEARBORN, Mich., Aug. 2 (UPI) -- Michigan's ailing Ford Motor Co. has decided to take a fresh and radical look at its various businesses to see which, if any, it should dump.

Ford considers new plant in Mexico

MEXICO CITY, June 16 (UPI) -- Ford Motor Co. is considering building a new plant in Mexico amid plant closures in the United States, the Wall Street Journal reported Friday.

Mazda designer to remake dull Fords

DETROIT, May 2 (UPI) -- Ford Motor Co. is turning to Mazda's design chief to makeover domestic vehicles that auto industry critics and the buying public have found lack pizazz. Ford Monday named Mazda design head Moray Callum chief designer for its domestic cars, the Detroit New

Ford Motor Co. plans reality TV show

DEARBORN, Mich., April 27 (UPI) -- Ford Motor Co. of Dearborn, Mich., is getting into the reality TV show business, it was reported Thursday.

Ford recalls Mustang Cobras

DEARBORN, Mich., April 11 (UPI) -- Ford Motor Co. is recalling nearly 20,000 Mustang Cobra vehicles in North America to fix the accelerator pedal.

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 to make hybrids in Canada

OAKVILLE, Ontario, Feb. 16 (UPI) -- The Canadian unit of Ford Motor Co. says it will become the first automaker to assemble hybrid vehicles in Canada.

Ford to drop $150,000 GT sports car

DEARBORN, Mich., Feb. 3 (UPI) -- Michigan-based Ford Motor Co. won't develop a high-performance version of its Explorer Sport Trac pickup. The No. 2 U.S. carmaker also says it will halt production of both the Lincoln LS sedan and Ford GT sports car this year, the Detroit News said Friday
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Ford Motor
Sen. Debbie Stabenow, D-MI, and Sen. Carl Levin, D-MI, participate in a news conference announcing Ford Motor Company's deliverance of several Ford Escape Hybrid E85 vehicles to various DC-area organizations for real world testing on Capitol Hill in Washington on June 13, 2007. (UPI Photo/Roger L. Wollenberg)

The Ford Motor Company (NYSE: F) is an American multinational corporation and the world's fourth largest automaker based on worldwide vehicle sales, following Toyota, General Motors, and Volkswagen. Based in Dearborn, Michigan, a suburb of Detroit, the automaker was founded by Henry Ford and incorporated on June 16, 1903. In addition to the Ford, Lincoln, and Mercury brands, Ford also owns Volvo Cars of Sweden, and a small stake in Mazda of Japan and Aston Martin of England. Ford's former UK subsidiaries Jaguar and Land Rover were sold to Tata Motors of India in March 2008.

Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines. Henry Ford's methods came to be known around the world as Fordism by 1914.

In 2007, Ford fell from the second-ranked automaker to the third-ranked automaker in US sales for the first time in 56 years, behind General Motors and Toyota. Based on 2007 global sales, Ford fell to the fourth-ranked spot behind Volkswagen. By 2009, Ford had become the second largest automaker in Europe (only behind Volkswagen), with large markets in the United Kingdom and Germany and sales that exceed those in the United States. Ford is the seventh-ranked overall American-based company in the 2008 Fortune 500 list, based on global revenues in 2008 of $146.3 billion. In 2008, Ford produced 5.532 million automobiles and employed about 213,000 employees at around 90 plants and facilities worldwide. Starting in 2007, Ford received more initial quality survey awards from J. D. Power and Associates than any other automaker. Five of Ford's vehicles ranked at the top of their categories and fourteen vehicles ranked in the top three.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Ford Motor."
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