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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Ford

Ford stories: 194 news summaries

61 - 80 of 194 Stories | << Prev 1 2 3 4 5 6 7 8 ... 10 Next >>

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As GOP Stiffens, Auto Bailout Prospects Hit the Skids

McConnell, GOP move further away from supporting Detroit aid

Dec 11, 08 3:59 PM CST
(Newser) - As Republican resistance to the $14 billion auto-industry bailout mounted, proponents flogged today's dismal unemployment figures to bolster their case, Politico reports. Mitch McConnell abandoned the White House, which continued to push the bill; the Senate minority leader unexpectedly said the measure "promises taxpayer money today for reforms that... More »

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Chrysler • General Motors • Mitch McConnell • Ford • auto industry • Big Three • bailout • auto bailout

MARKETS

 Bank Woes Push Dow Down 196 

JPMorgan Chase, Bank of America, Citigroup all see big drops

Dec 11, 08 3:23 PM CST
(Newser) - The markets slid today as JP Morgan’s CEO made pessimistic comments about home prices, the Wall Street Journal reports. Adding to investor malaise was a Labor Department report that unemployment insurance claims are at a 26-year high, and continued uncertainty about the Detroit bailout. The Dow was down 196.... More »

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NASDAQ • Citigroup • Bank of America • New York Stock Exchange • General Motors • Ford • auto industry • financial institutions • S&P 500 • bailout • Dow Industrial • JPMorgan Chase • oil prices • financial crisis

ANALYSIS

 Bailout Would Help 
 German Giants, Too 

Detroit bankruptcies would ripple through entire industry's supply chain

Dec 10, 08 2:20 PM CST
(Newser) - German giants BMW and Daimler are rooting for a bailout of the Big Three, since a bankrupt Detroit would devastate sales and cripple parts-makers they all share, Bloomberg reports. The US is the top market for BMW, No. 2 for Daimler’s Mercedes-Benz. Meanwhile, Fiat, Peugeot, and Renault—which compete... More »

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Chrysler • Germany • Europe • General Motors • Daimler • Michigan • automaker • Ford • BMW • US automakers • financial crisis

 Ford Eyes Chinese 
 Buyer for Volvo 

Ford's last European car on the block

Dec 10, 08 3:40 AM CST
(Newser) - Beleaguered Ford is poised to sell Volvo to a Chinese automaker, reports the Times of London. Ford and Volvo executives are in talks with Changan, Ford’s manufacturing partner in China—one of the country’s biggest car makers. Over the last two years Ford has sold Aston Martin, Jaguar... More »

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Chrysler • General Motors • Ford • Volvo • bailout • Changan • Xu Liuping • Dongfeng Motor Group

MARKET Open

 Stocks Saunter Downward 

Mild drop as investors hold breath

Dec 9, 08 8:59 AM CST
(Newser) - Stocks dipped at the open today, as investors digested downbeat corporate news while awaiting an auto bailout. The Dow fell as much as 145; the Nasdaq and S&P were off 1.3% and 1.4%, respectively. Auto shares retreated after yesterday’s gains, the Wall Street Journal reports, with... More »

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stock market • General Motors • Sony • Ford • Nasdaq • Texas Instruments • auto industry • FedEx • S&P 500 • Dow Industrial

UPDATED

 Big 3 Bailout Plan 
 Goes to White House 

Measure has provision for watchdog, but other questions remain

Dec 8, 08 3:38 PM CST
(Newser) - A draft of the multibillion-dollar bailout agreement for the Big Three automakers went from Capitol Hill to the White House this afternoon and found a chilly reception, the AP reports. The draft legislation calls for a government watchdog appointed by the Bush administration to oversee the companies' operation, but its... More »

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Congress • Chrysler • White House • General Motors • Ford • auto industry • Big Three • congressional Democrats • bailout

MARKETS

 Dow Up 299 on Stimulus, Autos 

Industries likely to benefit from Obama building plan see gains

Dec 8, 08 3:17 PM CST
(Newser) - Stocks rallied today, led by automakers, which look ever likelier to get a federal bailout, and industrial firms expected to benefit from President-elect Barack Obama’s proposed public-works programs, MarketWatch reports. The Dow gained 298.76 to close at 8,934.18. The Nasdaq rose 62.43, closing at 1,... More »

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Chrysler • Dow Jones • General Motors • Ford • Nasdaq • economic stimulus package • S&P 500 • oil prices • commodity prices • financial crisis • public works

 Auto Bailout Must Be
 Paid Back: Bush 

Bush supports some aid, but it must be done his way, he warns Dems

Dec 5, 08 12:14 PM CST
(AP) - Using the word "recession" for the first time to describe the US economy, President Bush today demanded that Congress adopt his approach to an auto bailout and require car companies to pay back any federal aid. But he displayed skepticism about the wisdom of new aid, saying he is... More »

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Congress • Chrysler • General Motors • Detroit • Ford • Big Three • bailout • George W. Bush • auto bailout

editorial

Detroit Paper to Congress: You Cannot Turn Away


Dec 4, 08 9:29 PM CST
(Newser) - In an open letter to members of Congress, the Detroit Free Press insists that the government cannot turn its back on the auto industry. If it does, "there will be economic hell to pay—not just in Detroit, but all across America, including in your state, in your district.... More »

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Chrysler • General Motors • Detroit • Ford • Alan Mulally • Robert Nardelli • Rick Wagoner

UPDATED

 Big 3 Execs Finish With Senate 

CEOs to make their case to the House tomorrow

Dec 4, 08 4:14 PM CST
(Newser) - The CEOs of the Big Three wrapped up a six-hour session with the Senate Banking Committee during which they asked for a minimum of $34 billion in aid, the Washington Post reports. Chairman Chris Dodd vowed to draft a bill “in the next 24-48 hours" that stood a chance... More »

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Chrysler • General Motors • automaker • Ford • Chris Dodd • auto industry • Big Three • Rick Wagoner • US automakers • bailout • auto bailout

UPDATED

Big 3 Would Agree to Oversight if Bailed Out

CEOs admit bad management

Dec 4, 08 1:07 PM CST
(Newser) - Detroit’s Big Three automakers would accept federal oversight in return for financial support, the Wall Street Journal reports. The chiefs of GM, Ford, and Chrysler all said that they would accept a bailout styled after that of Chrysler in the late ‘70s, which put the firm under the... More »

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Chrysler • General Motors • oversight • Ford • auto industry • Rick Wagoner • bailout • auto bailout

 Dodd Endorses 
 Big 3 Bailout 
  as CEOs Hit Hill Again 

Senate Democrat enlisted to work on compromise package

Dec 4, 08 10:57 AM CST
(Newser) - Sen. Chris Dodd welcomed the Big Three CEOs back to the Senate Banking Committee today by declaring his support for an auto bailout, the AP reports. Chariman Dodd said inaction would be akin to playing “Russian Roulette with the economy.” He praised the automakers for making a better... More »

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Congress • Chrysler • Harry Reid • Senate Democrats • General Motors • Detroit • Ford • Chris Dodd • auto industry • bailout • financial crisis • auto bailout

OPINION

In DC Corral, the Big 3
Dare Congress to Shoot

Including a breakdown of the industry's ridiculous demands

Dec 3, 08 8:50 AM CST
(Newser) - The Big Three, their creditors, the unions, and Congress are locked in “a standoff worthy of a spaghetti western,” writes Steven Pearlstein in the Washington Post. “But none really wants to pull the trigger.” In the end, there’s little doubt Congress will step... More »

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Chrysler • General Motors • Detroit • Ford • auto industry • Big Three • bailout • financial crisis

OPINION

 Saving Detroit: 
 It's Now or Never 

Auto industry in danger of going under while lawmakers haggle over lifeline

Dec 3, 08 7:00 AM CST
(Newser) - If Congress is going to save America's auto industry it needs to quit the grandstanding and finger-pointing and take action right now, Tom Walsh writes in the Detroit Free Press. The Big Three have submitted their survival plans as requested, Walsh writes, and the figures show they aren't bluffing—they... More »

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Congress • Chrysler • General Motors • Detroit • Ford • auto industry • Big Three • bailout

(Newser) - Automakers may be returning to Capitol Hill humbled into driving instead of flying, but that won't stop them from holding out their hands for even more money. Collectively, they told Congress today to be willing to shell out a total of $34 billion in loans and lines of credit—up... More »

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Congress • Chrysler • General Motors • Detroit • Ford • US automakers

UPDATED

GM Sales Off 41%; Toyota, Ford, Honda All Down 30%

Bad times for autos of every stripe

Dec 2, 08 1:25 PM CST
(AP) - General Motors' November US sales plunged 41%, while Ford's dropped 31%, dashing hopes that the industry-wide drop in vehicle demand might be easing as Detroit's automakers prepare to state their second case for a federal bailout. Their overseas rivals posted abysmal results as well. Toyota's November sales tumbled 34%, and... More »

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Toyota • General Motors • Honda • Ford • auto industry • auto sales

 Ford Unveils Plan, Seeks $9B 

Promises to be profitable by 2011

Dec 2, 08 11:08 AM CST
(Newser) - Ford unveiled a new plan to restructure its operations today and predicted a return to profitability—or at least break-even—by 2011, the Wall Street Journal reports. The plan calls for aggressive cost cutting and an increased focus on fuel efficiency. One of the costs on the chopping block?... More »

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Ford • Alan Mulally • restructuring • auto industry • Big Three • bailout • Bill Ford Jr.

Big 3 CEOs Head Back to DC—This Time by Car

CEOs of America's automakers will renew plea for bailout today

Dec 2, 08 8:55 AM CST
(Newser) - The Big Three CEOs are heading back to Washington this week, and this time two of them will be driving, the Wall Street Journal reports—Alan Mulally in a Ford Escape hybrid, and Rick Wagoner in a Chevrolet Malibu hybrid. The CEOs will attempt Thursday to persuade Congress to extend... More »

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Chrysler • General Motors • Ford • Alan Mulally • Robert Nardelli • auto industry • Big Three • hybrid car • Rick Wagoner • bailout • financial crisis • auto bailout

 Ford May Sell Off Volvo 

Company's US sales off 28% in '08; Swedish government in talks

Dec 1, 08 10:29 AM CST
(Newser) - Ford is looking to cut costs wherever it can, and that might mean selling off its Volvo unit, the Wall Street Journal reports today. US sales for Volvo dropped off 28% in the first 10 months of 2008, and Ford, bleeding cash, plans to trim down and focus on its... More »

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Ford • Volvo • Alan Mulally • Sweden • US automakers • financial crisis • Saab

Once United, Big 3 Take Different Roads to Bailout

Automaker bring different bailout concerns in appeal for federal aid

Dec 1, 08 9:53 AM CST
(Newser) - When the automakers return to Congress this week to beg for a federal bailout, they’ll no longer be presenting one case among them. Each company will unveil its own rejuvenation plan, reports the New York Times. Ford, in best financial shape, wants only the promise of access to federal... More »

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Congress • Chrysler • Congressional hearings • General Motors • automaker • Ford • Big Three • bailout • financial crisis

61 - 80 of 194 Stories | << Prev 1 2 3 4 5 6 7 8 ... 10 Next >>


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