David Thursfield, head of Ford Europe is to assume control of Ford's Premier Automotive Group (PAG), the Ford Motor Company has announced. Thursfield is a noted cost-cutter and, along with, Nick Scheele – whose PAG function he now takes - is credited with successfully turning round Ford's European operations.
Ford Motor Company reached agreement with unions in London last night over a two-year pay deal for its hourly-paid workforce.
In a turbulent week for the development of ultra clean transport, Ford Motor Company announced it was to pull the plug on its Think electric car division while one French firm was preparing to present its “air car” to business chiefs in London.
DuPont Automotive has won the Ford Motor Company Excellence Award.
It's difficult to overestimate the importance of the new Mazda 6 to the Mazda franchise. This is Mazda's comeback car; a car intended to not only re-invent Mazda's image in a critical mainstream market segment, but also signpost the future direction for Mazda as one of Ford Motor Company's eight brands.
Ford Motor Company has posted its fourth consecutive quarterly loss, though the $800m (£553m) deficit for the Jan-March period was better than expected. Turnover fell six per cent to $39.86bn (£27.55bn). The vehicle manufacturer blames a sales slump in the crucial US market for the poor performance.
Ford Motor Company has blamed worldwide restructuring charges, low volume at its US operations and “significantly higher” marketing and product costs for a record £3.8bn loss last year.
Ford Motor Company announced today it expects fourth quarter results to be worse than it had previously forecast.
Directly praising and indirectly offering sharp criticism of his company's former CEO, Jacques Nasser, Ford Motor Company's new boss made it clear “we lost our focus,” leaving the number-two automaker with plenty of problems that need to be fixed.
Ford Motor Company is to halve the annual capital expenditure on its European operations to $800m as part of a continuing restructuring.
The new chairman and chief executive officer of Ford Motor Company's Bill Clay Ford has made his first move to establish a new order at the company following the ousting of Jac Nasser last week, announcing a series of management changes.
Ousted chief executive Jac Nasser is thought to have signed a deal with troubled Ford Motor Company preventing him from joining a rival carmaker for up two years.
Major changes at the top of Ford Motor Company - including reorganisation of its Premier Automotive Group - this week created waves of concern and speculation about the futures of top executives.
Ford Motor Company is understood to have made moves to prevent its deposed chief executive from being snapped up by a competitor.
Jac Nasser has been ousted from his position as chief executive of the Ford Motor Company and will be succeeded by William Clay Ford, who will also continue as chairman of the board.
Jacques Nasser is expected to be ousted from his position as chief executive of the Ford Motor Company.
Pendragon this week opened new Jaguar and Aston Martin outlets in California as the UK's biggest dealer group begins a new relationship with Ford Motor Company.
Ford Motor Company has vowed to expand its links with Mazda in a letter to around 20,000 employees.
Ford Motor Company has reported third quarter losses of $502m (£346m).
Jac Nasser is said to be on the brink of being ousted from his position as chief executive of Ford Motor Company.
