Ford Motor Company (NYSE:F) chief financial officer Bob Shanks pointed to the falling ruble and the worsening economy as factors that makes a heavy pressure on the carmaker’s market share in Russia. In an interview with German daily Handelsblatt quoted by Reuters, Hanks said that “2015 does not look good” for Ford. The company have…
Ford Motor Company (F) Margins Down on Higher Costs
Ford Motor Company (NYSE:F) reported a meager quarterly earnings of a penny per share at $52 million, a sharp slip of almost $3 billion over the previous year, The result highlights the carmaker’s higher costs for the year on account of special charges for restructuring operations in Europe, as well as expenses associated with the…
Ford Motor Company (F) Reveals New GT Supercar
Ford Motor Company (NYSE:F) revealed the latest version of its GT supercar on Monday at the 2015 North American International Auto Show in Detroit, showing car aficionados the successor to the Ford GT that the U.S. automaker made way back in 2005 to 2006. The new supercar shows the company’s confidence in the reviving auto…
Ford Motor Company (F) Trying to Allure Investors With Heightened Dividends, Ready to Introduce All-New F150 Truck
Ford Motor Company (NYSE:F), one of the most successful automaker in the U.S., is all set to increase its dividends by 20% despite of declining profit for fiscal 2014. At the same time, the automaker is all set to launch an all-new version of F150 truck, which took more than six years to develop. According…
Ford Motor Company (F) Heeds U.S. Regulator for Additional Takata Driver-Side Air Bag Recall
Ford Motor Company (NYSE:F) announced on Thursday that it will implement an additional recall of old Mustang cars with defective Takata driver-side air bags with inflators in accordance with a directive from the U.S. National Highway Traffic Safety Administration. A total of 502,500 vehicles will be covered by the expanded recall. Although Ford Motor Company…
Ford Motor Company (F) Favors BlackBerry Ltd (BBRY) Over Microsoft Corporation (MSFT) for Sync 3, Ditches MyFord Touch
Ford Motor Company (NYSE:F) is rolling out an all new Sync 3 next fall. With the new in-car connectivity platform performing more like a smartphone, Ford is hoping that consumers concerns with past two versions will be sufficiently addressed and satisfaction ratings will rise. According to Reuters, the most recent version of the interactive touch-screen…
New Aluminum F-150 Truck from Ford Motor Company (F) Fuel Efficient, A Boost to Aluminum Industry
Ford Motor Company (NYSE:F) has announced the features of its new aluminum bodied D-150 truck, revealing a 700 pound lighter version of the F-150 that is also more economical in terms of fuel. Official estimates from Ford says that the new F-150 offers as much as 20 percent better fuel economy compared to the previous…
Bayerische Motoren Werke AG (BMW) Worried About Slowing Growth Rate And Demand In China
The high-growth Chinese premium car market seems to be stabilizing according to Bayerische Motoren Werke AG (ETR:BMW)’s China Head. The premium automaker is all set to maximize local production for double-digit growth. At the same time, the competition in the luxury car segment is on the rise with Ford Motor Company (NYSE:F) introducing Lincoln brand…
Ford Motor Company (F) All Set To Start Production Of Remodeled F-150 Truck, Sales To Commence in December
The second-largest automaker in United States, Ford Motor Company (NYSE:F), is all set to start production of its best-selling vehicle, F-150 Truck. The new model features an aluminum intensive design and is likely to go on sale in December. The production is said to start at the Dearborn, Michigan assembly plant of the automaker and…
Ford Motor Company (F) Continues To Recall Vehicles In North America
Ford Motor Company (NYSE:F) announced it is recalling 202,241 vehicles in separate campaigns to correct safety issues such as faulty gas tanks and incorrect repairs in past recalls. The company admitted awareness of a single accident related to an incorrectly repaired vehicle but added that no injury resulting from such accident is on record so…