Euro spec Ford Fiesta – Click above for high-res image gallery
Click above for a hi-res gallery of the American Idol Edition Ford Fusion Hybrid
1967 Ford Mustang hardtop convertible custom - Click above for an image gallery
On the surface, at least, news that a company lost $1.4 billion wouldn't normally be greeted as good news by Wall Street. However, the Ford Motor company's just-published quarterly earning reports have done just that, with the stock trading 15% ahead of yesterday and the entire Dow Jones stock market perking up at the news.
Ford's CEO Alan Mulally took hope a tidy $13.57 million compensation package for his work in 2008, While that's a handsome sum, it represents a 37 percent cut of the $21.67 million he took home in 2007 – and that's before the ex-Boeing exec takes an additional 30 percent haircut for 2009. By comparison, General Motors' CEO Rick Wagoner and Chrysler's Bob Nardelli are slated to have salaries of $1 each, although both automakers have already received $17.4 billion in federal loans.
Click above for a high-res image gallery of the Ford Escape Hybrid
Ford Motor Company says it has reached a tentative deal with the UAW regarding modifications to the Voluntary Employees' Beneficiary Association (VEGA) pact, the union's retiree health care trust. While specifics are not yet being divulged, the Blue Oval says that it has agreed to make up to half of its future payments into the fund with Ford common stock, although it may continue to use cash depending on the automaker's needs.
Click above for high-res gallery of the 2010 Ford F-150 Harley Davidson Edition
Click on the image above for a high-res gallery of the 2010 Ford Ranger
Ford is looking to bring over more C-segment crossovers from Europe to the US, and word has it that the people-hauling C-Max is toward the top of the list. The current C-Max would probably be sufficient for US duty in terms of size and performance, but with America's di
Click above for high-res image gallery of the Lincoln Concept C
Click above for a high-res image gallery of the Ford Transit Connect
A cunning photographer has grabbed some shots of what appears to be production versions of the Thailand-bound Ford Ranger Max. While hardware and interior information are scarce at this point, it's clear that some of the details have been toned down from what was shown on the concept (namely the notches on the fender flares and the hood intakes). That said, the production compact pickup remai
Click either image for a high-res gallery of 2010 Ford Taurus spy shots
A bitingly cold wind is sweeping through the Motor City this day, but the bigger chill continues to be the rapidly increasing number of idle plants from Detroit's automakers. As part of a previously-announced bid to trim first-quarter output by nearly 38%, Ford now says it will shut down ten North American factories the week of January 5. Unlike Chrysler's planned one month downtime (where they eeril
While parts sales don't typically show up in quarterly earnings reports, they can comprise a big chunk of profits. Ford is protecting its parts investment by filing a complaint with the U.S. International Trade Commission in Washington against eight companies that are reproducing Mustang parts without the Blue Oval's consent. Ford parts affected are the hood, bumper, fender, side-view mirror and tail lamp assemblies, which are all covered under Ford's 14-year design patent on design elements. Ch
Joe Laymon isn't on the short list of successors for Ford CEO Alan Mulally, and it's unlikely you've ever heard of him, but if you want to get to the top at the Blue Oval, this is the guy you stop by Starbucks for on the way to work. Laymon is in charge of keeping a list of internal candidates ready in the event Mulally retires (or quits, is fired or for some other reason exits his position), which could come as soon as 2011 when he turns 65.