VOTING RESULTS FROM FORD MOTOR COMPANY'S 2009 ANNUAL MEETING OF SHAREHOLDERS
May 14, 2009
WILMINGTON, Del., May 14, 2009 â A total of 98 people attended Ford Motor Company's [NYSE: F] 54th Annual Meeting of Shareholders today at the Hotel du Pont in Wilmington, Delaware. Preliminary voting results indicate that a total of 1,945,535,622 shares of common stock and 70,852,076 shares of Class B stock were ... Continue reading
Ford Gains Retail Share as Fusion Sets Sales Record
May 1, 2009
- Ford gains retail share - for the sixth time in last seven months - Ford Fusion sets monthly sales record and grows strength in mid-size car segment - Ford hybrids combine to eclipse year-ago sales; Kelley Blue Book names Fusion Hybrid and Escape Hybrid to Top 10 Green Cars list - Ford, Lincoln and Mercury sales tota ... Continue reading
Ford Adds Community, Charity 'Advantage' to Plan
Apr 28, 2009
--Building on the Ford Advantage Plan, Ford will donate $20 in the name of each prospective customer that test drives a Ford, Lincoln or Mercury vehicle through June 1, up to $1 million to Susan G. Komen for the Cure(R); dealers also can match the contribution. --Ford Motor Company and its dealers have dedicated more t ... Continue reading
Flexible Manufacturing Comes To Ford Louisville Truck Plant
Apr 27, 2009
LOUISVILLE, Ky., April 23, 2009; Ford Motor Company has completed a $200 million investment in the retooling of its Kentucky Truck Plant for production of the Ford Expedition and Lincoln Navigator. The retooling includes the installation of a flexible body shop that will allow the plant to produce more fuel efficient 2 ... Continue reading
Apr 24, 2009
DEARBORN, Mich., April 24 -- -- Net loss of $1.4 billion, or $0.60 per share, for the first quarter of 2009; pre-tax operating loss of approximately $2 billion, excluding special items++ -- Results for total company operations improved as compared with the fourth quarter of 2008 -- Ended first quarter with Automotive g ... Continue reading
Ford Reports Smaller Than Expected Loss
Apr 24, 2009
DETROIT April 24, 2009; David Bailey and Poornima Gupta writing for Reuters reported that Ford Motor Co posted a smaller-than-expected first-quarter loss and said it was on track to at least break even in 2011 and did not expect to seek U.S. government loans, sending its shares up more than 22 percent. The company also ... Continue reading
Ford Jumps on Hyundai Bandwagon to Cover Payments in Job Loss
Mar 31, 2009
Ford leads the industry in boosting consumer confidence with the new Ford Advantage Plan Ford will cover payments for up to 12 months on any new Ford, Lincoln or Mercury vehicle if customers lose their jobs 0 percent financing is also offered through Ford Motor Credit on select Ford, Lincoln and Mercury vehicles Ford a ... Continue reading
2010 Lincoln MKZ: More Standard Luxury and Segment-Exclusive Safety, Starts Under $35,000
Mar 18, 2009
- The 2010 Lincoln MKZ offers more standard luxury features compared to other midsize luxury sedans, such as the Lexus ES350 and Cadillac CTS - A new Sport Appearance Package is available for the 2010 Lincoln MKZ that offers a variety of custom details, including 18-inch chrome wheels - Base price of $34,965 includes d ... Continue reading
Ford Says Modified UAW Agreement Brings Parity With Transplant Labor
Mar 11, 2009
Ford says UAW concessions bring wages and benefits in line with overseas transplants DETROIT March 11, 2009; Kimberly S. Johnson writing for the AP reported that Ford Motor Co. says recent modifications to its contract with the United Auto Workers union help the company achieve parity with wages paid in the United Stat ... Continue reading
Ford Reports February 2009 Sales
Mar 3, 2009
- Ford, Lincoln and Mercury February sales totaled 96,044, down 48 percent compared with a year ago. - Ford's Czubay: "We're focused on building a foundation for future growth." - Ford continues to align production and inventories with demand. - February inventories totaled 405,000 vehicles. - Ford announces second qua ... Continue reading
Why The Auto Channel's Press Pass Coverage of the 2009 Geneva Motor Show is So Important?
Mar 1, 2009
This may be the last great international auto show GENEVA - February 28, 2009: One of most visible effects of the current economic depression on the automotive world is what has happened to the once fabulous new car expositions. Not only have important shows in Los Angeles, Detroit and Chicago been neutered by the abse ... Continue reading
Mar 1, 2009
IIHS Top Crash Test Results - 72 winners of 2009 Top Safety Pick awards; almost every category from minicar to large pickup has a winner ARLINGTON, VA - Seventy-two vehicles earn the Insurance Institute for Highway Safety's Top Safety Pick award for 2009. This is more than double the number of 2008 recipients and more ... Continue reading
Did You Miss the 2008 Auto Shows? We Didn't! Experience Them Here! - EXCLUSIVE VIDEO COVERAGE
Feb 28, 2009
Even if you were at the 2008 Auto Shows in Los Angeles, London, Geneva and Detroit there was so much to see and the media introduction schedules were so hectic that chances are you would have missed something. And you may have missed some of the best. But don't worry, because we have it all on TheAutoChannel.com. In ad ... Continue reading
Back to Reality - Bankers Slow Down on Buying Fast Cars
Feb 25, 2009
Washington DC February 25, 2009; The AIADA newsletter reported that for the past several years January has been Christmas for many luxury car dealers. That's when investment bankers, flush, with their hefty bonuses, used to begin prowling through their local Mercedes and Maserati dealerships. Luxury brand vehicles were ... Continue reading
President Obama Backs Retooled U.S. Auto Industry
Feb 25, 2009
Obama backs retooled auto industry but won't protect manufacturers from own bad practices WASHINGTON DC February 24, 2009; The AP reported that President Barack Obama says his administration is committed to a retooled auto industry, but it won't protect auto makers from their own bad practices. Obama says the nation th ... Continue reading
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