Ford accelerates turnaround in Q3 with pickup pricingThe United States’ second-largest vehicle maker should now be in the black this year, an improvement on its own earlier forecasts.
Ford to cut 1,400 US salaried jobs through buyouts by year endThe layoffs will be achieved through voluntary buyouts, the U.S. automaker said in an email sent to employees. The buyouts will be offered ...
Ford announces Jim Farley as new CEO as it eyes bigger electric pushHackett, 65, will hand over the job to Farley, 58, on October 1, but stay on as a special advisor through March 2021. Hackett joined Ford i...
Ford F-150 gets a revamp, interior & hands-free driver assist system remain the main focusNow it's time for another revamp, and Ford is playing it safe with the company's crown jewel.
Mahindra set to take control of Ford’s India auto businessFord will transfer its India operations to the joint venture, including manufacturing plants & employees.
Ford to put struggling India business into venture with MahindraMahindra, one of India’s largest automakers, will own 51% of the new entity, sources said.
Ford CEO tells employees: 'Time to bury' 2018, focus on doubling profitFord announced its fourth-quarter results on Wednesday, reporting a 2018 operating profit of $7 billion with a profit margin of 4.4 percent...
Ford to cut thousands of jobs in Europe, eyes plant closuresFord last year kicked off a company-wide $11-billion restructuring after both Europe and Asia swung to losses and costs to invest in electr...
Why self-driving car is still some distance awayThe boundless optimism that surrounded driverless cars only a few years ago has been tempered by a slew of challenges.
Ford plans $11.5 billion in extra cuts, killing most US carsThe automaker expects to save $25.5 billion by 2022, Chief Financial Officer Bob Shanks told reporters as Ford reported first-quarter earni...
Ford ousts US chief Raj Nair over ‘inappropriate behaviour'While Ford declined to detail what that led to Nair’s immediate exit, he’s departing as misconduct befalls prominent men from Washington to...
Mahindra, Ford may extend tie-up to make electric vehicles for IndiaThe partners are still studying what to collaborate on, but Mahindra said electric cars have been central to the conversation since he nego...
Want a piece of Ford's $28 billion hoard? Don't hold your breathThe carmaker’s $28 billion cash pile isn’t “burning a hole in our pocket,” Hackett said.
Ford-M&M alliance a step towards success in India: Anurag Mehrotra, MD, Ford India"In the past one year and a half, we have introduced all new platforms, products and powertrains ranging from Figo and Aspire to Endeavour ...
- Partner puts blame on BP as spill costs grow
BP Plc's costs for the worst spill in US history appeared set to rise as a partner in the out-of-control well laid the blame at BP's feet a...
- Getting life back? BP CEO on way off spill duty
BP's chairman said that CEO Tony Hayward is on his way out as the company's point man on the Gulf oil spill crisis.
- Anadarko to buy two gas cos for $21bn
Anadarko Petroleum said on Friday that it has agreed to acquire Kerr-McGee and Western Gas Resources in separate cash deals totalling $21.1...