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Wednesday, Nov 18
Ford Fusion is Top Car; Billionaire Buys Stock
Ford Motor Co. scored a hat trick on Tuesday. Motor Trend magazine selected the Ford Fusion midsize sedan as its car of the year. Billionaire financier George Soros revealed his investment arm has purchased $52.9 million in Ford stock. And, the company's stock price hit a 2-year high of $9 per s...
Thursday, Nov 12
Ford Sales Surge in Europe in October
Ford Motor Co. (NYSE:F) on Wednesday reported its best October sales in 12 years in Europe, but said both Ford and industry sales are likely to decline next year as government incentive programs end. In October, Ford sold 121,000 new cars and trucks in Europe, a 12.8% increase compared with t...
Wednesday, Nov 4
GM, Ford Report Sales Increases; Chrysler Drops 30 Percent
GM (NYSE:GM) and Ford (NYSE:GM) Tuesday released positive reports for auto sales in October, while struggling Chrysler said sales had dropped 30 per cent. General Motors' 4.1-per-cent rise from the year-ago period was its first annual increase in 21 months, signalling hope for US car ma...
Tuesday, Nov 3
GM, Ford Say Sales Up; Chrysler Down
DETROIT(UPI) -- Two out of three U.S. automakers reported vehicle sales increased in October, with Chrysler Group LLC reporting sales slumped significantly, down 30 percent. General Motors Co. said it sold 177,603 vehicles in the month, while Ford said it sold 132,483....
Monday, Nov 2
Ford Workers Say No to Cost-saving Effort
Union workers at Ford Motor Co. factories rejected contract changes the U.S. automaker wanted to reduce its labor costs, officials said Saturday. Two of the United Auto Workers' largest units at Kentucky and Dearborn, Mich., assembly plants voted down the contract Friday, sealing its fate...
Ford Posts Profits of $997 million 3Q
US giant automaker Ford Motor Company (NYSE:F) announced Monday a net income of 997 million US dollars in the third quarter, surprising many analysts as weak economic conditions continue worldwide. This marks the company's first operating profit since the first quarter of 2008, the co...
Friday, Oct 30
Geely Group to Buy 100% of Volvo from Ford
Chinese private group Geely Holding Group, parent of Hong Kong-listed automaker Geely Automobile Holdings Ltd. (SEHK: 0175), will acquire a 100 percent stake in Volvo Car Corp. from Ford Motor Co (NYSE:F)....
