International Business News - Ford http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Ford Motor Co. said Thursday it lost $8.67 billion in the second quarter largely because of a reduction in the value of assets. The company also announced that it will bring six European small car models to North America by the end of 2012 as it deals with a market shift from trucks to cars brought on by high gasoline prices. The company also will retool two more North American truck and sport utility vehicle plants to build small, fuel-efficient vehicles. http://www.ibtimes.com/articles/20080724/ford-posts-8-7b-2q-loss-on-asset-write-downs.htm Thu, 24 Jul 2008 07:48:01 EDT WHAT: Ford Motor Co. plans to retool U.S. truck and SUV plants and bring six vehicles to the U.S. from overseas to meet growing demand for more fuel-efficient cars, according to a person briefed on the company's plans. The person requested anonymity because Ford doesn't plan an announcement until Thursday. http://www.ibtimes.com/articles/20080722/summary-box-ford-to-revamp-truck-plants-for-cars.htm Tue, 22 Jul 2008 17:32:58 EDT Ford Motor Co. plans to revamp some U.S. plants and bring six small vehicles to the U.S. market from overseas to meet customers' growing demand for more fuel-efficient options, a person briefed on the company's plans said Tuesday. http://www.ibtimes.com/articles/20080722/ap-source-ford-to-revamp-plants-bring-small-cars.htm Tue, 22 Jul 2008 17:33:20 EDT The facilities where Ford Motor Co. will offer its latest round of buyouts next week to hourly workers: MICHIGAN http://www.ibtimes.com/articles/20080721/a-look-at-where-fords-buyouts-will-be-offered.htm Mon, 21 Jul 2008 18:06:03 EDT After falling short in previous attempts to trim its hourly ranks through buyouts, Ford Motor Co. is trying again--likely to make room for new hires making about half the wage of current workers. http://www.ibtimes.com/articles/20080721/ford-expands-buyout-offers-at-mich-ohio-plants.htm Mon, 21 Jul 2008 18:11:35 EDT Ford of Europe said Tuesday that sales at its main 19 European markets fell nearly 5 percent in June, hurt by lower sales of its top-selling Fiesta and Focus sedans. http://www.ibtimes.com/articles/20080715/ford-of-europe-sales-fall-5-percent-in-june.htm Tue, 15 Jul 2008 14:13:38 EDT Prosecutors introduced evidence Monday from last year's Tennessee Waltz public corruption case in a second, unrelated federal trial against former state Sen. John Ford. http://www.ibtimes.com/articles/20080714/tennessee-waltz-tapes-played-in-fords-2nd-trial.htm Mon, 14 Jul 2008 15:32:57 EDT Ford Motor Co. insists the federal government owes it hundreds of millions of dollars. The automaker filed a lawsuit Thursday in federal court in Detroit, claiming it deserves at least $445 million in accrued interest on nine years of tax overpayments. http://www.ibtimes.com/articles/20080711/ford-sues-government-in-dispute-with-irs.htm Fri, 11 Jul 2008 17:38:24 EDT A federal appeals court asked a lower court to re-examine a lawsuit claiming Ford Motor Co. exaggerated its dealings with small and minority-owned businesses in order to win government contracts. http://www.ibtimes.com/articles/20080710/ford-minority-contract-case-returns-to-lower-court.htm Thu, 10 Jul 2008 10:43:53 EDT A federal appeals court has reinstated a lawsuit alleging that Ford used an earlier model engine known to have problems in its 2004 F-250 Series Super Duty trucks. http://www.ibtimes.com/articles/20080709/appeals-court-reinstates-suit-over-ford-engine.htm Wed, 09 Jul 2008 17:46:39 EDT General Motors and Ford reported first-half sales grew strongly in China's booming auto market Tuesday, a rare bright spot for global automakers. GM said sales of its Buick, Chevrolet and Cadillac brands rose 12.7 percent from the first half of last year to 590,126 vehicles. Ford Motor Co. said its sales rose 21 percent from the year-earlier period to 172,411 vehicles. http://www.ibtimes.com/articles/20080708/ford-report-strong-china-sales.htm Tue, 08 Jul 2008 06:48:49 EDT Leading US automaker General Motors is preparing to cut thousand white-collar jobs and is considering whether to sell more of its brands in a bid to increase profitability by 2010, according to media reports released Monday. http://www.ibtimes.com/data/articleimgs/87372-.jpg http://www.ibtimes.com/articles/20080707/mulling-job-and-brand-cuts-report.htm http://www.ibtimes.com/articles/20080707/mulling-job-and-brand-cuts-report.htm Mon, 07 Jul 2008 14:14:09 EDT Ford Motor Co. isn't commenting on a Chinese business journal report that China's Chery Automobile Corp. is interested in buying Ford's Volvo unit. Caijing Magazine quotes unidentified sources as saying Chery is looking for bank and equity investor help for a possible bid for Volvo, Ford's Swedish nameplate. http://www.ibtimes.com/articles/20080707/ford-wont-comment-on-report-chery-wants-volvo.htm Mon, 07 Jul 2008 17:09:05 EDT Ford Motor Co. said Tuesday its June U.S. sales tumbled, on steep drop in demand for sport utility vehicles and pickup trucks. Ford sold a total of 173,582 light vehicles in June, down 28 percent from 240,845 in the same month last year. http://www.ibtimes.com/articles/20080701/june-auto-sales-ford.htm Tue, 01 Jul 2008 13:19:40 EDT Ford Motor Co. is considering extending the life of its aging Ranger small pickup truck because high gasoline prices have boosted its sales, a person who has been briefed on Ford's plans said Wednesday. http://www.ibtimes.com/articles/20080625/source-ford-might-extend-rangers-run-in-st-paul.htm Wed, 25 Jun 2008 18:18:07 EDT Credit rating agency Fitch said Wednesday it will review the ratings of Ford Motor Co. for possible downgrade over the next six weeks, citing "unrelenting industry and economic pressures." http://www.ibtimes.com/articles/20080625/fitch-to-review-ford-ratings-over-next-6-weeks.htm Wed, 25 Jun 2008 12:53:14 EDT Ford-owned Volvo said Wednesday it had given layoff notices to 1,200 workers in Sweden following a $151 million first-quarter loss on declining U.S. sales. http://www.ibtimes.com/articles/20080625/fords-volvo-lays-off-1-200-workers.htm Wed, 25 Jun 2008 07:30:46 EDT Analysts cut their earnings estimates on Ford Motor Co. after the automaker said it was cutting vehicle production and delaying its new F-150 pickup truck. http://www.ibtimes.com/articles/20080623/ahead-of-the-bell-analysts-cut-estimates-on-ford.htm Mon, 23 Jun 2008 09:02:32 EDT Ford Motor Co. announced Friday it will delay introduction of its new F-150 pickup truck by two months and further cut production because of the declining market for pickups and sport utility vehicles. Ford expects to detail changes to its restructuring plan when it announces earnings in July. Until then, the company said it would make the following production changes: http://www.ibtimes.com/articles/20080620/production-changes-at-ford-motor-co.htm Fri, 20 Jun 2008 16:49:58 EDT Standard & Poor's Ratings Services on Friday put Ford Motor Co. on a negative credit watch list because of worries about the health of the U.S. auto industry. http://www.ibtimes.com/articles/20080620/standard-poors-puts-ford-on-negative-watch-list.htm Fri, 20 Jun 2008 14:25:17 EDT