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0Official: Ford posts decade-best $2.1B profit in Q1 2013 1366817400
As predicted, Ford has reported that its first quarter of 2013 was a resounding success overall, with a pretax profit of $2.1 billion ($0.41 per share), and a net income of $1.6 billion ($0.40 per share). In fact, Ford made a pretax profit of some $2.4 billion in its home North American market, ...
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Official: Transit Courier completes Ford's new commercial van line, will we get it? 1365865200
This week Ford rolled out the 2014 Transit Courier, the fourth addition to its Transit range. Ford says its the first time for the nameplate in the compact van segment. "Ford has now completely transformed its commercial vehicle line-up, with four all-new, class-leading Transits for European ...
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Official: Ford nets $5.7B in 2012, $1.6B in fourth quarter 1359487800
Ford brought in $5.7 billion in net income during 2012, which is around $307 million less than one year prior. Even so, the automaker closed out 2012 with the highest pre-tax profit for a single quarter in nearly 10 years, earning $1.7 billion in the fourth quarter thanks largely to a ...
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Report: Ford closing two more plants in Europe, cutting 6,200 jobs 1351177260
Automotive News Europe reports that Ford is set to close two more facilities in Europe as it braces for losses in excess of $1.5 billion in the region. The move will see Ford reduce its production capacity by around 355,000 vehicles and slash its workforce by 6,500 employees. The automaker says ...
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Official: Ford announces plan to close Belgian plant, restructure European manufacturing 1351108920
The latest development in this ongoing saga that is the European economic crunch is word that Ford will shutter production of its Genk Assembly Plant in Belgium, eliminating some 4,300 positions. Ford could potentially reduce costs by $300 to $500 million annually as a resulting of closing the ...
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Report: Ford Europe goes further with American vehicles 1346956080
Just weeks before the Paris Motor Show, Ford Motor Co. has taken the wraps off of much of its new lineup for Europe in an effort to shore up its efforts for European dealers. The webcast press conference from Amsterdam ended with the official announcement that the Dearborn, Michigan-based car ...
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Official: Ford debuts familiar all-new Mondeo, shows wagon version [w/poll] 1346945280
Ford showed the world its all-new Mondeo in Amsterdam today, alerting Europeans that a new "flagship" for the Blue Oval brand has arrived. The new Ford, a lookalike of the Fusion model available here in the United States, makes its European debut with flavors of powertrain and body style that ...
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Video: Ford Mustang headed to Europe 1346941680
We've known for sometime now that Europeans love the Ford Mustang. Gray market importers have made plenty of cash by shipping the ponies from the United States to the EU for years, but now it looks as if buyers will be able to sink their teeth into brand-new, factory-perfect examples of the ...
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Official: Ford expands European design center 1341840660
It's a big week for buildings: after the announcement of Lamborghini's prototype center, not only is Ford not pulling out of Europe, it has spent €11.6 million ($14.3M U.S.) to expand its design center in Germany. The 3,000 square-meter architectural addition to the location charged with ...
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Report: Should GM and Ford give up on selling cars in Europe? 1340972940
The economic turmoil, lack of consumer confidence and howls for "More austerity!" in Europe have delivered a UFC-like beating to every automaker's books. And with some analysts still wondering if the current euro zone will even survive, it is obvious that it won't be over soon. But is that a ...

