Ford Motor News

“Our plan is working, and these priorities will remain our priorities for the foreseeable future”

Ford Motor Co. welcomed a significant investment by billionaire Kirk Kerkorian and executives told shareholders yesterday it underscored the strength of turnaround plans for the second largest American car ... via London Free Press

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Ford Motor Co. Executive Chairman Bill Ford Jr. praised company Chief Executive Officer Alan Mulally at the annual shareholder meeting, sources said. via The Post Chronicle

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“The momentum is on Ford's side at this point”

Ford's most prominent new shareholder is not expected at the automaker's annual meeting Thursday, but his formidable presence will be felt. via International Business Times

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A software solutions provider, Chesapeake System Solutions, today announced that Ford Motor Company recently implemented Chesapeake's flagship product, T-Recs Enterprise, to automatically the reconcile ... via Customer Interaction Solutions

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“They also deliver improved acceleration and smoother shifting, all at a great value for consumers”

Ford Motor Co. said Wednesday it plans to greatly increase the use of more fuel-efficient six-speed automatic transmissions, doubling their number by the end of next year and putting them in 98 percent of its ... via MLive.com

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“Reporting strengthens our capacity to identify and respond to opportunities and risks facing the business, which in turn will enhance our competitive position.”

For the second time in five years, Ford Motor Company has won the award for "Best Sustainability Reporting" from the Coalition for Environmentally Responsible Economies and the Association of Chartered ... via Paddock Talk

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“We are not considering the sale of Volvo at this time”

So much for being passive. Less than a week after stressing that billionaire Kirk Kerkorian's Tracinda Corp. via Detroit Free Press

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“It's part of our ongoing plan to adjust capacity with demand.”

Ford Motor Co. will offer buyouts to about 1,300 workers at assembly plants in Chicago and Louisville, Ky., as part of the automaker's plan to adjust capacity with demand for its vehicles, a spokeswoman said ... via Newsday.com

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“We expanded our margins and remain focused on additional cost reduction through the implementation of our restructuring plan and our overhead cost reduction initiative”

During the first three months of the year, Visteon Corp. narrowed its loss to $105 million, or 81 cents per share, as the company saw savings from its restructuring efforts and strong foreign currency cushioned ... via Detroit Free Press

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“If we keep losing market share there's no guarantees”

Canadian Autoworkers president Buzz Hargrove says the union and Ford have reached an agreement on a tentative three-year "master economics" contract offer. via CBC News

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