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0Report: Ford family keeps special voting rights 1368225000
Ford Motor Company has a dual-class stock structure of Class A and Class B shares. The roughly three billion Class A shares are for the general public like you and me, while the roughly 71 million Class B shares are all owned by the Ford family. Each Class A share gets the shareholder one vote, ...
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Report: Why Tesla will need more loans to make it through 2013 1356702240
It's fun to bet against Elon Musk and Tesla – that's the best reason we can find for so many people doing it even though the man, his company and his cars are still here and still very popular. The latest name inscribed in the column labeled "Skeptical of Tesla" is John Shinal at Market ...
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Official: Ford reports 58% drop in Q2 profits on European losses 1343228280
Ford Motor Company announced Wednesday that it has posted a $1 billion profit for the second quarter of 2012. That sounds like good news for the Blue Oval, until you take into account that Ford posted a $2.4 billion profit for Q2 a year ago. That is a substantial 58 percent loss. Ford also ...
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Official: Blue Oval no longer in hock as Ford credit rating upgraded 1337725800
Moody's upgraded Ford's credit rating to investment grade today, the final step for the company to be able to reclaim its Blue Oval. Ford had offered its globally recognized trademark as part of a 2006 loan package. According to the Detroit Free Press, the collateralized logo and the rest of ...
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Report: Ford no longer junk at Fitch as bonds return to investment grade 1335373260
No doubt Ford has seen the light shining at the end of its turnaround plan for a while, but now The Blue Oval is getting so close to the daylight it might even be able to smell the fresh air. By the end of 2005, Ford bonds were rated so low by the three major ratings agencies they was floating in ...
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Report: GM leads worst performing auto stocks of 2011 1325604540
In spite of General Motors standing poised to retake the top sales spot, Chevrolet perhaps breaking its all-time sales record, and an anticipated Buick and two new Cadillac models coming, GM's stock price got beat like a goat in 2011. On January 2, 2011 the stock traded at $37.06, on January 2, ...
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Official: Ford reinstates dividend, first one in half-decade 1323376140
In another sign of its success, Ford has announced that it will be paying out a quarterly dividend, the first time it will do so in over five years. The five-cents-a-share dividend will begin on March 1, 2012. According to The Detroit Free Press, the move will cost Ford about $200 million per ...
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Report: Delphi planning $550M IPO 1320672720
It took Delphi four years to exit bankruptcy, but after a major restructuring and staggering losses, the parts maker is once again ready to sell shares to the public. The Detroit News reports that Delphi will offer a $550-million stock offering later this month. The move comes after Delphi ...
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Williams F1 team considering IPO stock issue 1295877420
Rubens Barrichello tests the Williams FW32 with new Pirelli tires at Yas Marina Circuit in Abu DhabiWhat's the best way to make a small fortune in Formula One? Arrive with a large one. Williams has another idea though, and it's a radical one in the field of motor racing: The British outfit may ... -
Tata out to raise $1 billion to reduce debt and expand JLR product line 1278500280
2011 Jaguar XJ – Click above for high-res image galleryFord spent a fortune to buy Jaguar in 1989 and Land Rover in 2000, then spent billions on each of them getting them into fighting shape. Tata spent billions to buy JLR in 2008, and has since been raising and spending billions to retain ...

