Articles Tagged with "Ford"

Ford suspends vehicle assembly in Venezuela

U.S. automaker Ford (F.N) has halted operations in Venezuela on Monday due to a lack of foreign currency to import parts for assembly, workers at its plant said.

May 7 , 2014
Ford profit driven down by North America, warranty costs

Ford Motor Co posted a lower-than-expected first-quarter profit on Friday as the No. 2 U.S. automaker reported $400 million in higher warranty costs in North America, sending shares down more than 3 percent.

Apr. 29 , 2014
Ford, IBM to face renewed U.S. lawsuit over apartheid-era abuses

Ford Motor Co (F.N) and IBM Corp (IBM.N) will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases.

Apr. 18 , 2014
Ford plans $350 million charge on drop in Venezuelan currency

Ford Motor Co., which warned in December about volatility in its Venezuelan operations, will take a charge of about $350 million in the first quarter for a change in how it values the South American nation's currency.

Apr. 2 , 2014
Mitsubishi Motors to buy a Ford plant in the Philippines

Mitsubishi Motors Corp (7211.T) will buy a car plant from Ford Motor Co (F.N) in the Philippines for around 10 billion to 15 billion yen ($97 million-$145.7 million), the Nikkei newspaper reported on Monday without citing sources.

Apr. 2 , 2014
Ford CEO Mulally gets $13.8 million in stock for 2013 performance

Ford Motor Co (F.N) Chief Executive Alan Mulally was awarded performance bonuses for 2013 worth $13.8 million, the No. 2 U.S. automaker disclosed to U.S. regulators on Thursday.

Mar. 10 , 2014