FordMotorCo


Mulally pockets $28 million in 2006

Reuters is reporting that while Ford Motor Co. posted a $12.7 billion loss last year, its new Chief Executive earned $28.18 million. And that was for four months worth of work. Alan Mulally's pay for 2006 included salary and stock options, as well as an $18.5 million bonus. The man Mulally replaced, Chairman Bill Ford, had made good on his pledge to forego compensation until the company made a turnaround, and had no salary, bonuses, or stock earnings during the first 8 months of 2006. In the grand scheme of things, $28 million is a drop in the ... Read more →

New Ford incentives focus on Fusion and F-150 Scott Davis

Not wanting to lose the momentum from 2006, Ford Motor Co. will offer some new lease deals and cut-rate financing on the Fusion and Mercury Milan sedans. The F-150 gets in on the action as well, with ...

Toyota poised to take #2 spot from Ford Frank Filipponio

Ford Motor Co. has admitted what we saw coming for some time. The New York Times just ran a story saying Ford has announced that they fully expect Toyota to take over as number two behind General ...

Ford neuters the beancounters Frank Filipponio

Ford just amended its bylaws to take a little fiscal power away from its board. In the old version of the bylaws, the finance committee could greenlight spending on product development projects. Under ...

Whither the white collar: Ford set to buyout 10,000 salaried workers Frank Filipponio

Here come the pink slips for the white-collar guys and gals at Ford. And to speed up the exodus, 6 preprogrammed tags have been added to those termination notices. Actually, Ford Motor Co. is starting ...

Ford bolstering roofs of some models in wake of lawsuits 2 years ago on Autoblog

When a vehicle rolls over, one of the critical components in assuring the safety of its occupants is the roof structure and its ability to protect, not injure its occupants. On the heels of nearly $250-million dollars in judgments relating to injuries caused in rollover accidents, Ford Motor ...

Q4 for Ford will be even worse, stock prices still rise 3 years ago on Autoblog

Oh boy. It looks like the $5.8 billion loss Ford just reported isn't the end of the red ink for the foreseeable future. On Oct. 23, new Ford Motor Co. CEO Alan Mulally had to announce those huge third-quarter losses, the biggest quarterly loss since 1992. The Premier Automotive Group (the luxury ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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