9/26/07

Ford Motor Company

Ford Motor Company is an American multinational corporation and the world's third largest automaker based on worldwide vehicle sales.

In 2006, Ford was the second-ranked automaker in the US with a 17.5% market share, behind General Motors (24.6%) but ahead of Toyota (15.4%) and DaimlerChrysler (14.4%)[3]. Ford was also the seventh-ranked American-based company in the 2007 Fortune 500 list, based on global revenues of $160.1 billion [4]. In 2006, Ford produced about 6.6 million automobiles[5], and employed about 280,000 employees at about 100 plants and facilities worldwide[6]. In 2007, Ford had more quality awards from J.D Power than any other automaker.[7]

Based in Dearborn, Michigan, a suburb of Detroit, the automaker was founded by Henry Ford and incorporated in June 16, 1903. Ford now encompasses many global brands, including Lincoln and Mercury of the US, Jaguar and Land Rover of the UK, and Volvo of Sweden. Ford also owns a one-third controlling interest in Mazda.

Ford has been one of the world's ten largest corporations by revenue and in 1999 ranked as one of the world's most profitable corporations, and the number two automaker worldwide.

Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce, especially elaborately engineered manufacturing sequences typified by moving assembly lines. Henry Ford's combination of highly efficient factories, highly paid workers, and low prices revolutionized manufacturing and came to be known around the world as Fordism by 1914.


Formula One

Ford was heavily involved in Formula One for many years, and supplied engines to a large number of teams from 1967 until 2004. These engines were designed and manufactured by Cosworth, the racing division that was owned by Ford from 1998 to 2004. Ford-badged engines won 176 Grands Prix between 1967 and 2003 for teams such as Team Lotus and McLaren. Ford entered Formula One as a constructor in 2000 under the Jaguar Racing name, after buying the Stewart Grand Prix team which had been its primary 'works' team in the series since 1997. Jaguar achieved little success in Formula One, and after a turbulent five seasons, Ford withdrew from the category after the 2004 season, selling both Jaguar Racing (which became Red Bull Racing) and Cosworth (to Gerald Forsythe and Kevin Kalkhoven).[46]


Sports cars

Ford sports cars have always been visible in the world of endurance racing. Most notably the GT40 won the prestigious 24 Hours of Le Mans four times in the 1960s and still stands today as one of the all-time greatest racing cars. The GT40 is the only American car to ever win overall at Le Mans.

Ford won the manufacturers title in 2005 in the Grand-Am Cup series with the FR500C Mustang race car.

Chief Executive Officers of Ford Motor Company:

    * CEO Alan Mulally: September 5, 2006 to present.
    * Chairman William Clay Ford II: January 1, 1999 to present.
    * William Clay Ford II: October 30, 2001 [1] to September 5, 2006
    * Jacques Nasser: January 1, 1999[2] - 2001
    * Alex Trotman: November 1993 - December 31, 1998
    * Harold Arthur Poling: 1990 - 1993
    * Donald Petersen: 1985 - 1990
    * Philip Caldwell: 1979 - 1985 [3]
    * Henry Ford II 1960 to 1979 [4]


President

President of Ford Motor Company:

    * Lee Iacocca 1970-78
    * Bunkie Knudsen 1968-69
    * Robert McNamara 1960 to 1962
    * Henry Ford II 1945 to 1960
    * Henry Ford I 1943 to 1945
    * Edsel Ford 1919 to 1943
    * Henry Ford I Oct 22, 1906 to 1919
    * John S. Gray June 17, 1903 to Oct 22, 1906

Ford to Make HD Digital Radio Available Across Nearly All Product ...
CNNMoney.com - 5 hours ago
26 /PRNewswire-FirstCall/ -- Ford Motor Co. today became the first automaker to offer HD Digital Radio across multiple product lines. ...
Ford To Offer HD Digital Radio In Nearly All Models CNNMoney.com
Ford to Offer HD Radio on 2008 Vehicles The Associated Press
Ford Now Offering HD Radio Streaming Magazine
all 76 news articles »

StarPhoenix 
GM Strikes Deal, Union Ends Strike
Forbes, NY - 34 minutes ago
The UAW must now hammer out new labor contracts with Ford Motor (nyse: F - news - people ) and Chrysler. The framework from the GM deal will likely be used ...
Sector Snap: Autos Gain on Deal CNNMoney.com
To Turn the Corner Wall Street Journal
GM-UAW reach deal to end strike CNNMoney.com
Bloomberg - CNNMoney.com
all 5,022 news articles »
Dealwatch: Ford Motor Co.
The Deal Blogs, NY - 30 minutes ago
Ford's intra-state rival GM also considered a team up with Renault SA and Japan's Nissan Motor Co. Ltd. See an executive summary of GM's troubles in ...

Boston Globe 
Ford opens Nanjing plant
China Daily, China - 24 Sep 2007
By Gong Zhengzheng (China Daily) Ford Motor Co, a relative latecomer in China, yesterday opened a 160000-unit car plant in China's eastern city of Nanjing ...
Changan Ford Mazda opens 2nd plant China Knowledge Online
UPDATE: Ford CEO Says May Export Small Cars From China CNNMoney.com
Mazda Launches Nanjing Vehicle Manufacturing Plant With Joint ... Auto Racing Daily
Autochannel (press release) - Reuters
all 90 news articles »
Ford Motor Company Announces Ford Sync
Greater Tulsa Reporter Newspapers, OK - 10 hours ago
Ford Motor Company recently confirmed the distribution and pricing strategy of Ford Sync, an advanced in-car communication and entertainment system ...
Nissan hires Ford exec
Detroit Free Press, United States - 8 hours ago
Nissan Motor Co., Japan's third-largest automaker, hired Ben Poore from Ford Motor Co. to be vice president of marketing communications at its North ...
Metro briefs DetNews.com
Hyundai's top US executive resigns DetNews.com
all 3 news articles »
FIRST IMPRESSIONS: Michigan breathes a sigh of relief
Detroit Free Press, United States - 2 hours ago
If ratified at GM and then adopted in a pattern agreement by Ford Motor Co. and Chrysler LLC, that trust, called a voluntary employees beneficiary ...
GM and Union Reach Tentative Agreement New York Times
Excerpts from UAW President Ron Gettelfinger's news conference MLive.com
UAW, GM REACH TENTATIVE DEAL Detroit Free Press
all 48 news articles »
Ford Celebrates the Unveiling of an Unprecedented Tribute to ...
Emediawire (press release), WA - 11 hours ago
Ford Motor Company Underwrites National Freedom's Sisters Traveling Exhibition Honoring Extraordinary African American Women; Washington, DC Celebratory ...
GM riding on contract concessions
Globe and Mail, Canada - 1 hour ago
General Motors Corp. made a fast 7 per cent move to the upside at the opening Wednesday, taking Ford Motor Co. on a 3 per cent ride. ...
Changan Ford Mazda opens second plant in Nanjing
Auto Industry, UK - 4 hours ago
Ford Motor Company's China joint venture, Changan Ford Mazda Automobile (CFMA) officially launched operations at its new manufacturing facility in Nanjing ...
Ford Motor (F) NewsBite - Autos Up as GM Nears Deal with UAW
Market Intelligence Center, VA - 24 Sep 2007
Ford Motor (F) opened at $8.47. So far today the stock has hit a low of $8.36 and a high of $8.51. F is now trading at $8.50, up $0.27 (3.19%). ...
Ford betting big on their new wireless technology
AutoWeek - 7 hours ago
By AMY WILSON | AUTOMOTIVE NEWS Ford Motor Co. will treat the debut of its Sync wireless communication system just like a new-car launch. ...
Union seeks delay on Ford plant closure
Twin Cities Finance and Commerce, MN - 20 hours ago
"It has come to my attention that Ford Motor Company is considering extending operations at the Twin Cities Assembly Plant beyond 2008," Coleman wrote. ...
Exec Shuffle: Steve Wilhite Resigns as Head of Hyundai Motor America
Edmunds.com/Inside Line, CA - 24 Sep 2007
Inside Line has learned that Wilhite — a former Ford employee — has been courted by the Ford Motor Company and is said to be on a short list of candidates ...

Philadelphia Inquirer 
Leaders & Losers For Monday, Sept. 24
Forbes, NY - 24 Sep 2007
If GM (nyse: GM - news - people ) and the UAW manage to reach an agreement, Ford Motor (nyse: F - news - people ) and the now privately owned Chrysler will ...
GM workers walk out: Local Delphi plant not affected by strike, yet Sandusky Register
Delphi faces layoffs Tribune Chronicle
Non-GM Employees Losing Jobs Because of GM / UAW Strike WIVB
all 179 news articles »
Toyota wants swift end to GM strike
Business Report, South Africa - 6 hours ago
A prolonged dispute could potentially stall production of the Big Three automakers including GM, Ford Motor and Chrysler, but it was unlikely to be a ...
Auto workers union, General Motors announce agreement to end 2-day ...
Tonawanda News, NY - 16 minutes ago
The agreement is expected to set a pattern for contracts at Ford Motor Co. and Chrysler LLC. The deal means UAW will tell workers to head back to their jobs ...
SYNCED UP: 2008 Focus to launch with hands-free system makes calls ...
DetNews.com, MI - 9 hours ago
The Focus is the best-selling car in Ford Motor Co.'s lineup, topping 177000 units last year and 123000 through August, according to Autodata. ...
Ford focusing on N. America
Akron Beacon Journal, OH - 24 Sep 2007
Ford Motor Co. is focusing on small cars and crossover sport utility vehicles to increase sales in North America and restore profit, Chief Executive Alan ...
AUTOMOTIVE NEWS WORLD CONGRESS Automotive News
US Auto Firms Need One Goal: Build the Best! Wall Street Journal
General Motors, Ford Trade Higher Wall Street Journal
MarketWatch
all 8 news articles »
The Automaker Strikes Back
Forbes, NY - 1 hour ago
News of the deal sent shares of General Motors (nyse: GM - news - people ) and Ford Motor (nyse: F - news - people ) higher Wednesday morning prior to the ...
Techs Fly High, Stricken GM Rides Low Forbes
all 9 news articles »
Supply problem halts Ford pickup line in Dearborn
DetNews.com, MI - 21 hours ago
Ford Motor Co. sent workers at its Dearborn Truck Plant home today after logistical problems with a supplier left the automaker without sufficient parts for ...
Ford to close F-150 line at Claycomo for two weeks because of ... Kansas City Star
all 3 news articles »
US Stock-Index Futures Advance; Ford, Motorola Rise in Europe
Bloomberg - 24 Sep 2007
Ford Motor Co. climbed in Europe after the world's third- largest automaker opened another plant in China due to rising demand. Motorola Inc., the biggest ...
US Stocks Advance, Led by Computer Companies; Apple, EMC Gain Bloomberg
US Stocks Climb; General Motors, Chevron Shares Advance Bloomberg
all 24 news articles »
New ads boast presidential candidates drive Ford hybrids
DetNews.com, MI - 23 hours ago
WASHINGTON -- Ford Motor Co. will begin running ads Wednesday touting the fact that a growing number of presidential candidates are driving Ford Escape ...
Escape rides campaign trail DetNews.com
all 3 news articles »

红网 
Ford opens Nanjing plant(图)
红网, China - 24 Sep 2007
25 -- Ford Motor Co, a relative latecomer inChina,yesterday opened a 160000-unit car plant in this easterncity aspart of its catch-up plan in the worlds ...
GM strike's effects begin to be felt
Los Angeles Times, CA - 12 hours ago
The UAW is at loggerheads with GM, Ford Motor Co. and Chrysler over a range of issues, including healthcare benefits, wages, pensions and job security. ...
Little Houston impact likely in short strike Houston Chronicle
Reputation of Detroit 3, UAW seen as casualty DetNews.com
UAW on strike at GM Louisville Courier-Journal
Louisville Courier-Journal
all 8 news articles »
Marketing VP at Ford to Depart
Adweek, NY - 23 Sep 2007
By Steve Miller DETROIT Francisco Codina, group vp, North American marketing, sales and service at Ford Motor Co., will retire effective Nov. ...
Automatic auto payments get shifted into reverse
Chicago Daily Southtown, IL - 25 Sep 2007
Dear Fixer: Can you help me with Ford Motor Credit? I bought a Ford Explorer in 2005 and enrolled in the auto debit program, and my first automatic payment ...
UPDATE: Tanfield Group's First-Half Pretax Profit Trebles
CNNMoney.com - 24 Sep 2007
The London listed company also revealed it would introduce its Smith Edison model under the Ford Motor Co.'s (F) Transit shell in the US market. ...

Earthtimes.org 
Before the Bell - GM rises 6 pct on UAW deal, Ford rises too
Reuters - 4 hours ago
Shares of competitor Ford Motor Co. (FN: Quote, Profile, Research) also gained ahead of the market's open, rising 16 cents, or nearly 2 percent, ...
US STOCKS-Futures higher on GM deal, rate cut hopes Reuters
all 66 news articles »
Suit settled over Ford taxes
Chronicle-Telegram, OH - 24 Sep 2007
ELYRIA — A lawsuit between Sheffield Lake and Sheffield concerning tax collections from Ford Motor Co. was settled this summer. ...

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