Ford of Europe's third-quarter pretax profit fell by 76 percent compared with the same period a year ago. The carmaker reported a $69 million third-quarter pretax profit, down from $293 million a year ago.
Ford has posted a net loss of US$129mn, or $0.06 a share, for the third quarter of 2008, an improvement on the $380m net loss in Q3 2007. The operating loss, excluding special items, was $2.7bn, down from a $194m profit a year ago. More US jobs are to go but most new product development remains on track.
Ford Motor Co. posted a $3.0 billion operating loss in the third quarter and took further steps to cut costs in the wake of plummeting consumer confidence and tighter credit availability.
Ford Motor Co. posted a $2.7 billion operating loss in the third quarter and took further steps to cut costs in the wake of plummeting consumer confidence and tighter credit availability.
Ford Motor Co. said its losses narrowed in the third quarter as the automaker announced new cost cuts to address declining sales in the wake of plummeting consumer confidence and tighter credit availability.
Ford Motor Co. posted a $3.0 billion operating loss in the third quarter and took further steps to cut costs in the wake of plummeting consumer confidence and tighter credit availability.
General Motors and Ford were expected to post massive third quarter losses this afternoon (7 November), a day after automaker and union chiefs went to Washington to seek extra help from the country's political leadership.
The U.S. automobile industry's requests for federal assistance now exceed $50 billion. The CEOs of General Motors, Ford Motor Co. and Chrysler LLC met behind closed doors today with Congressional leaders to make personal appeals.
DETROIT -- Ford Motor Co. will shut down its Hermosillo, Mexico, assembly plant for the month of January after the automaker starts building the restyled mid-sized sedans made there, said supplier sources with knowledge of the plan.
The Canadian-born racer Michael Valiante will co-drive the No. 6 Michael Shank Racing Ford-Riley with John Pew in 2009.
DETROIT -- Ford Motor Co. will shut down its Hermosillo, Mexico, assembly plant for the month of January after the automaker starts building the restyled mid-sized sedans made there, said supplier sources with knowledge of the plan.
The U.S. automobile industry's requests for federal assistance now exceed $50 billion. The CEOs of General Motors, Ford Motor Co. and Chrysler LLC met behind closed doors today with Congressional leaders to make personal appeals.
The U.S. automobile industry's requests for federal assistance now exceed $50 billion. The CEOs of General Motors, Ford Motor Co. and Chrysler LLC met behind closed doors today with Congressional leaders to make personal appeals.
Resurrected Caterham gets Ford Duratec unit
Workers at Ford's three production units in Brazil will have their Christmas holiday break lengthened as sales of cars and trucks slow.
Ford is focusing its purchasing more closely on its 65 most important suppliers.
Ford has lifted the veil on the latest arrival in the F-150 lineup, the Raptor SVT. After months of production delays, the SVT is once again joining the pool of production vehicles. Style-wise, the Raptor is very different from the regular production model. Immediately apparent is the imposing grille proudly displaying the manufacturer's name across its length, updated headlamps and integrated taillamps. It also features a slew of badges, both inside and outside the colour-coordinated cabin.
Ford rally team principal Malcolm Wilson says Francois Duval's injured co-driver Patrick Pivato is making good progress in hospital in Japan.
This week, Auto123.com features the following road tests: The Ford Mustang Bullitt, a 300-horsepower machine that will take you back to the epic days of Steve McQueen. The 2009 Nissan Murano, a 5-seat SUV whose futuristic design is still turning heads. The Volvo C30 T5 R-Design, a compact hatchback coupe combining luxury and power. Don't miss the video filmed just a few days ago when we tested the 2009 Toyota Venza. Discover the features of this modern SUV, tested for you in Pennsylvania.