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Ford hopes to regain part of car market with redesigned Fusion and Milan, plus hybrid versions (Minneapolis-St. Paul Star Tribune)
DETROIT - While two of the Detroit Three have no new models to unveil at this year's Los Angeles Auto Show, Ford Motor Co. stayed in and will show off a revamped midsize car that is an example of how serious it is about gas mileage and about clawing its way back into the car business.
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Mazda deal to give Ford more cash (Detroit Free Press)
Ford Motor Co., reeling from plunging U.S. car sales and a sinking share price, will raise about $540 million selling part of its stake in Japanese affiliate Mazda Motor Corp. to ease cash concerns.
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Ford Sells $540 Million of Mazda Stock to Ease Crunch (Update3) (Bloomberg)
Nov. 18 (Bloomberg) -- Ford Motor Co. , reeling from plunging U.S. car sales and a sinking share price, will raise about $540 million selling part of its stake in Japanese affiliate Mazda Motor Corp.
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Ford UK slashes spend as part of $9bn thrift drive (Mad.co.uk)
Ford UK is expected to slash advertising spend, as its ailing US parent company seeks to make $9bn (£6bn) cost-savings over the next year. The car company says it is looking to shave costs where possible, with advertising being reviewed on a global basis. ...
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Ford India expects 10% drop in sales in 2008 (Business Standard India)
Ford India, the wholly-owned subsidiary of Ford Motor Company of US, today said it expects 10 per cent drop in its car sales during the year 2008 to 36,000 units compared to 2007.
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Ford gets extra gear (Herald Sun)
FORD'S Geelong workers were given an early Christmas present yesterday when the car giant announced it would keep its engine plant open beyond 2010.
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Ford Sells $540 Million of Mazda Shares, Easing Cash Concerns (Bloomberg)
Nov. 18 (Bloomberg) -- Ford Motor Co. , reeling from plunging U.S. car sales and a sinking share price, said it will raise about $540 million selling part of its stake in Japanese affiliate Mazda Motor Corp.
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AP source: Ford planning employee pricing offer (ABC 7 Chicago)
Ford Motor Co. is preparing to offer car buyers employee pricing, plus cash rebates, on most 2008 and 2009 models as part of a year-end clearance sale starting next week.
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Corker Questions UAW President And CEOs Of Ford, Chrysler, GM (The Chattanoogan)
Sen. Bob Corker (R-TN) on Tuesday took part in a Senate Banking Committee hearing with testimony from the CEOs of the Big Three U.S. automakers, Ford, Chrysler and General Motors.
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Ford Counts on Revamped Mustang to Stem Sales Slide (Update1) (Bloomberg)
Nov. 18 (Bloomberg) -- Ford Motor Co. , the second-biggest U.S. automaker, is unveiling a redesigned Mustang after the sports car's sales in its home market slid 30 percent this year.
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