Exclusive: Most of Buick's future U.S. cars may come from overseas
Reuters - Business News
DETROIT | By Paul Lienert & Bernie Woodall | Aug 18, 2015
Most Buick vehicles sold in the United States after 2016 could be imported from China and Europe, according to two sources familiar with parent...
Reuters: Ford to spend a ton saving Lincoln
According to the exclusive Reuters report:
•Ford namesake Chairman Bill Ford has renewed his backing for a revived Lincoln, approving a multi-year, multi-billion-dollar Lincoln overhaul outlined by Fields.
The investment will include developing a...
Daimler sees $780 million windfall from sale of Tesla stake
Oct. 21, 2014 23:18 CET
Auto News Europe
FRANKFURT -- Daimler AG on Tuesday said it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc.
A cooperation agreement to supply...
Insight: Ford 'lifers' get second chance as CEO readies exit - Reuters
By Deepa Seetharaman - Mon Dec 16, 2013
Every Wednesday, Ford Motor Co's top executives gather before sunrise to work through some of the company's most vexing problems. Notably absent is Chief Executive Alan Mulally.
Ford revamps internal outlook as Europe woes drag - Reuters
By Deepa Seetharaman
Thu Jun 7, 2012 6:07pm EDT
Revamped business plan to be presented in mid-July
Plan being tailored to account for European woes-CFO
DETROIT, June 7 (Reuters) - Ford Motor Co is revamping its internal five-year...
Mazda to raise $2 billion in share issue, loans, Reuters reports
February 21, 2012
TOKYO (Reuters) -- Japan's Mazda Motor Corp. plans to raise $2.1 billion to shore up its finances and invest in a new plant in Mexico, financial sources said today -- a bigger-than-expected...
Ford to sell most of its Mazda stake -Nikkei
By Bernie Woodall
Oct 15, 2010
DETROIT, Oct 15 (Reuters) - Ford Motor Co (F.N) will sell almost all of its remaining stake in Mazda Motor Corp (7261.T) as it distances itself from the Japanese automaker it once controlled, the Nikkei...
Ford says no comment on reported Volvo sale to Changan
Wednesday December 10, 6:08 am ET
SHANGHAI (Reuters) - Ford Motor (NYSE:F - News) said on Wednesday it was still evaluating an option to sell its Volvo car unit but declined to comment on a local media report which named its China...
GM, Chrysler considering bankruptcy to get bailout: report
(Reuters) – General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi-billion dollar government bailout, Bloomberg reported, citing a person familiar...
GM November sales drop 41 percent
Tuesday December 2, 2:24 pm ET
DETROIT (Reuters) - General Motors Corp (NYSE:GM - News) reported a 41 percent drop in overall U.S. sales for November, saying continued economic uncertainty was hurting consumer confidence.
The sales results, reported...
House Speaker backs auto industry aid
WASHINGTON (Reuters) – House of Representatives Speaker Nancy Pelosi said on Tuesday federal aid for the failing U.S. automobile industry was urgently needed and that she was confident Congress could act on emergency bailout legislation next week...
Reuters - Ford appears strongest of struggling U.S. automakers
Sun Oct 12, 2008 6:31pm EDT
By David Bailey
DETROIT (Reuters) - Ford Motor Co may be a $2 stock, but the company looks the strongest of the three U.S.-based automakers and has options for raising more cash if needed to buy time to...
Report: Ford has had talks with Renault to sell Volvo
Automotive News | June 30, 2008 - 3:00 pm EST
NEW YORK (Reuters) -- Ford Motor Co. has had exploratory talks with French automaker Renault SA to sell Volvo, but the initial talks broke down due to price differences, sources familiar...
AUTOSHOW-Ford to up the ante with new F-150 truck
We are pleased to bring you the new F150.. Read the Reuters story below.
DETROIT, Jan 11 (Reuters) - Ford Motor Co's revamped F-150 full-size pickup truck that will debut at the Detroit Auto Show will be towing some unusually heavy...
Bill Ford says Mulally changing Ford's culture
Wed Dec 12, 2007 12:01am ES
By Poornima Gupta
DETROIT (Reuters) - Ford Motor Co. Chief Executive Alan Mulally is a focused leader who has hit or exceeded targets set for turning around the U.S. automaker, Ford Executive Chairman Bill Ford Jr...
DETROIT (Reuters) - General Motors Corp (GM.N: Quote, Profile, Research) said on Monday its U.S. light vehicle sales fell 11 percent in November as consumer demand softened amid a weak housing market and high gas prices.
GM said it sold 261,273 light vehicles in the United States last month...
FORD OF EUROPE'S SALES RISE 8.4 PER CENT IN OCTOBER
COLOGNE, November 13, 2007– Ford of Europe's vehicle sales climbed by 8.4 per cent for the month of October when compared to last year. Total sales for the year so far are 1,531,600.
Across its main 21 markets, the company sold more than...
Report: Ford family to keep stake, wait for turnaround
Reuters via Automotive News
October 30, 2007 - 12:01 am ET
SINGAPORE (Reuters) -- Henry Ford's heirs have patched up differences and agreed to wait for the outcome of a radical turnround plan before considering any possible change in...
Ford gets $931 million for Aston Martin
Automotive News | August 8, 2007 - 12:42 pm EST
Ford Motor Co. got $931 million for Aston Martin, the automaker said in a government filing.
The payoff for Aston Martin was a combination of cash and preferred stock in Primrose Cove...