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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Ford Motor Co.

Ford Motor Co. stories: 9 news summaries

 Ford's Inflatable 
 Seat Belts Not 
 Just Hot Air 

More comfortable, and safer than regular airbags

Nov 5, 09 7:43 PM CST
(Newser) - Still not a fan of wearing your seat belt? Ford’s latest take on the safety standby could change your mind: It’s inflatable, as with vehicle air bags, and its softer webbing has been a comfortable hit with test groups. And unlike many front-seat airbags, the belts inflate with... More »

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auto industry • car safety • Ford Explorer • seat belt • air bag • Ford Motor Co.

 Ford Posts $1B Q3 Profit 



Surprise swing to black driven by cost cuts, Cash for Clunkers

Nov 2, 09 6:41 AM CST
(AP) - Ford earned $1 billion in the third quarter, fueled by US market share gains, cost cuts, and the government's Cash for Clunkers rebates. The automaker, reporting net income of $997 million, or 29 cents per share. says it now expects to be "solidly profitable" in 2011. The company lost... More »

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United Auto Workers • US automakers • Ford Motor Co. • Cash for Clunkers

 Ford Looks to Sell 
 Volvo to China 

Geely is only bidder remaining for Swedish subsidiary

Oct 28, 09 8:52 AM CDT
(Newser) - Ford put its Volvo unit up for sale last December, and it's narrowed the possible buyers to just one bidder: a Chinese consortium led by Geely, the country's largest private automaker. Geely first approached Ford about the purchase in summer 2008 and is prepared to pay about $2 billion, less... More »

MORE ABOUT:
mergers and acquisitions • Ford • Volvo • auto industry • Ford Motor Co. • Geely Automobile Holdings

MARKETs

 Home Sales Send Dow 
 Over 9,000 


Jul 23, 09 10:22 AM CDT
(AP) - The Dow Jones industrials are back above 9,000 today for the first time since the beginning of January. A report of a jump in home sales eased investors' worries about one of the economy's biggest trouble spots. They responded by buying stocks across the market, lifting the major indexes... More »

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stock market • housing market • Dow Jones • Hershey • home sales • Phillip Morris • Wyeth • Ford Motor Co.

(Newser) - A rare sentiment emerged from the auto industry today: cautious optimism. New sales figures show that Americans bought 860,000 vehicles in June, the Wall Street Journal reports. That's down 28% from last year, but it's also the smallest monthly sales drop of the year. Ford and Toyota both declared... More »

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Chrysler • Toyota • General Motors • auto industry • auto sales • Ford Motor Co.

(Newser) - Hoping to profit from its rivals' pain, Ford will ramp up this year's third-quarter production 10% over last year's, in a bid to grab market share from GM and Chrysler as they recover from bankruptcy, the Wall Street Journal reports. It’ll be Ford’s first production bump in... More »

MORE ABOUT:
bankruptcy • Ford • auto industry • pickup trucks • Ford Motor Co.

Q1 RESULTS

Ford Loses Just $1.4B,
Turns Down Treasury Money

Automaker burns through cash but remains healthier than rivals

Apr 24, 09 6:49 AM CDT
(Newser) - Ford announced today a loss of $1.4 billion for the first three months of 2009—its worst Q1 result in 17 years, but nevertheless one that beat expectations, Bloomberg reports. The automaker said it expected to break even or possibly turn a profit in 2011, and it would not... More »

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Ford • auto industry • quarterly reports • losses • first quarter earnings • automobile • Ford Motor Co.

 Rival Bankruptcies 
 Spook Jealous Ford 

It's kinda jealous

Apr 1, 09 6:58 AM CDT
(Newser) - Ford Motor Co., the lone member of the “Big Three” not to accept government help, is suddenly looking across town with dread and a touch of jealousy, the Wall Street Journal reports. A bankruptcy at GM or Chrysler could wreak havoc on Ford’s supply chain, as shared... More »

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bankruptcy • Ford • Alan Mulally • auto industry • auto bailout • Ford Motor Co.

 Ford Reports Record $14.6B 
 Loss for 2008 

The nation's No. 2 automaker says it has enough cash and credit available for 2009

Jan 29, 09 7:17 AM CST
(Newser) - Ford Motor Co. today reported its worst year in its 105-year history, driving through more than $5.9 billion in cash in the fourth quarter on its way to a $14.6 billion loss for the year, reports Bloomberg. The company said it had enough cash reserves and credit available... More »

MORE ABOUT:
United Auto Workers • corporate earnings • auto industry • auto bailout • Ford Motor Co.

9 Stories


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