Ford CEO Mark Fields Sees A Day That Lincoln Sells More Cars In China Than In U.S.
Motrolix | May 20, 2015
Ford CEO Mark Fields envisions a day that the automaker’s luxury division, Lincoln, sells more cars in China than in the United States.
“If you look at the facts, today the luxury...
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...
Land Rover sees 4-month wait for new models, running plant 24-hours a day
Land Rover Range Rover SportLand Rover is, as they say, on a roll. The British luxury off-road brand seemingly can't put a wheel wrong, releasing only its fourth all-new Range Rover and its second-generation...
October 31, 2013 - 1:47 pm ET
DETROIT (Bloomberg) -- Ford Motor Co., a laggard in the U.S. luxury-auto market, said its Lincoln brand sales rose...
Ford Posts First Quarter Pre-Tax Profit of $2.1 Billion, Driven by Highest North America Profit in More than a Decade; Net Income of $1.6 Billion+
Strong total company pre-tax profit was $2.1 billion, or 41 cents per share, a decrease of $147 million from a year ago; 15th...
Report: Ford Rep Sees U.S. Potential for Compact Trucks - MotorTrend
Zach Gale, News Director
April 11, 2013
...Ford’s truck program marketing manager Doug Scott talked with Automotive.com about the challenges the automaker must overcome if we will ever see a compact Ford truck in the U.S...
Marchionne confirms Fiat's 2013 targets, sees no European market recovery
March 5, 2013
GENEVA (Reuters) -- Fiat CEO Sergio Marchionne today confirmed the company's 2013 profit targets and said he saw no recovery in store for Europe's car markets this year.
"I don't see any...
Ford plant sees last Explorer roll off line
Kentucky.com/The Associated Press
at 8:16am on Dec 17, 2010
LOUISVILLE, Ky. — Ford Motor Co.'s Louisville Assembly Plant saw its last Explorer SUV come off the line on Thursday.
The plant is shutting down for a $600 million renovation. The...
Ford sees 12 million sales rate in December; transaction prices rising
December 15, 2010
DETROIT -- Ford Motor Co. expects U.S. industry sales in December to match those of the past couple of months -- an annual sales rate of around 12 million vehicles.
But the average...
Ford CEO sees zero net debt by 2011: report
October 2, 2010
MILAN (Reuters) - Ford Motor Co (NYSE:F - News) plans to repay its net debt by the end of next year and return to an investment grade earlier than expected, Allan Mulally, chief executive of the No. 2 U.S. automaker was...
Ford CEO Sees Solid Profit This Year
Wall Street Journal
SEPTEMBER 27, 2010, 6:01 A.M. ET
By Kaveri Niththyananthan
LLONDON—Ford Motor Co. still expects to make a "solid profit" this year and plans to invest £1.5 billion ($2.37 billion) in the U.K. over the next five years, the car...
Ford Sees Uneven Car Sales Globally
The Wall Street Journal
By MATTHEW DOLAN
September 9, 2010
Top Ford Motor Co. executives said Thursday that the global auto industry is slated for improvement this year despite uneven performance in several regions around the world.
"We are seeing growth...
Ford sees Truck Sales Climbing
Full-size pickup truck sales continue to improve as the U.S. economy slowly recovers from deep recession, with year-to-date sales in May up 14.1 percent, compared with 10.9 percent a month earlier.
At AutoNation, sales of pickup trucks at its dealers rose 50...
NEW DELHI, India, June 1, 2010 –Ford India's May sales rose by a record 272 percent from the same month a year ago to 8,080 units, driven by the popular Figo, which maintained its position as the top seller in Ford's portfolio for the third consecutive month.
Ford exec sees US auto sales rising in August
By DAN STRUMPF and BREE FOWLER (AP)
NEW YORK — A top Ford executive expects industrywide U.S. auto sales to rise for the first time in more than two years this month, thanks largely to the government's Cash for Clunkers program.
Sales may have...
Lincoln sees MKS as vehicle to drive brand's comeback
Automotive News | June 16, 2008 - 12:01 am EST
“Our Lincoln brand health is not where we want it to be,” says Pei-Wen Hsu, marketing manager for the MKS.
With the 2009 MKS, Lincoln marketers say they...
GM sees big improvement in operating results
January 17, 2008 - 1:56 pm ET
DETROIT (Reuters) - General Motors told analysts on Thursday that it expected to cut annual U.S. labor costs by $5 billion and increase its revenues in all regions during 2008.
GM, in a...
JUNE AUTO SALES
Ford sees good news in June decline
Automaker cuts fleet sales; Focus, Edge moving up
July 3, 2007 - 1:08 pm
UPDATED: 7/3/07 4:38 p.m.
DETROIT -- Ford Motor Co.’s June sales were down 8.2 percent from last year, but the company said it saw some...
Ford sees strong crossover gains as SUVs decline
Thu Jun 28, 2007 6:29pm ET
By Poornima Gupta
DETROIT, June 28 (Reuters) - Ford Motor Co. sees recent sales gains for crossover vehicles such as the Edge as evidence the strategy to protect the struggling automaker's market share is...