Cars
Ford has decided to terminate any rumors concerning the sale of Volvo -at least for the time being. “Our plan now is not to sell Volvo but to improve its cost structure and brand positioning,†said Ford CEO Alan Mulally, "I think we can do substantially better than where we are today.†On the other hand however, Mulally declined to rule out a future sale, saying Ford would “continue to review its brand portfolio.
- It's Official: Ford Dumps Mercury Brand
Like GM, Ford Motor Company is continuing to shrink its brand portfolio. Following the recent sale of Volvo Cars to China's Geely, with which it completed the dismantling of the premium group that once included Aston Martin, Jaguar and Land Rover,...
- Ford Confirms Deal With China's Geely On Volvo Sale
While General Motors is still trying to figure out what it's going to do with its Saab division, Ford Motor Company announced today that it has settled all substantive commercial terms with China's Geely Holding Group Company Limited on the prospected...
- Ford Sells 20% Of Its Mazda Stake To Raise $540 Million
Following in the footsteps of GM which announced on Monday the sale of its 3% stake in Japanese carmaker Suzuki for $230m, Ford said that it will sell a portion of its ownership stake in Mazda in a desperate attempt to raise cash to survive through the...
- Read Transcript From Alan Mulally's Interview On Cnn
Ford's boss made an appearance on CNN's American Morning this... uh, morning. You'll find the transcript of the interview below. ----- John Roberts: Why should taxpayers give you any of their hard-earned money? Alan Mulally: Well, I think...
- Volvo Switches Its Ceo, Ford Motor Announces
Fredrik Arp may not have had the name recognition held by Bob Lutz or Gianni Agnelli, but holding the position of chief executive officer at Volvo Cars, a Swedish subsidiary of Ford Motor Company, had to be a blast. His Ford bio is available here. Arp...
Cars
Ford CEO: “We Will Keep Volvoâ€
Ford has decided to terminate any rumors concerning the sale of Volvo -at least for the time being. “Our plan now is not to sell Volvo but to improve its cost structure and brand positioning,†said Ford CEO Alan Mulally, "I think we can do substantially better than where we are today.†On the other hand however, Mulally declined to rule out a future sale, saying Ford would “continue to review its brand portfolio.Via: Autonews (sub. Req.)
- It's Official: Ford Dumps Mercury Brand
Like GM, Ford Motor Company is continuing to shrink its brand portfolio. Following the recent sale of Volvo Cars to China's Geely, with which it completed the dismantling of the premium group that once included Aston Martin, Jaguar and Land Rover,...
- Ford Confirms Deal With China's Geely On Volvo Sale
While General Motors is still trying to figure out what it's going to do with its Saab division, Ford Motor Company announced today that it has settled all substantive commercial terms with China's Geely Holding Group Company Limited on the prospected...
- Ford Sells 20% Of Its Mazda Stake To Raise $540 Million
Following in the footsteps of GM which announced on Monday the sale of its 3% stake in Japanese carmaker Suzuki for $230m, Ford said that it will sell a portion of its ownership stake in Mazda in a desperate attempt to raise cash to survive through the...
- Read Transcript From Alan Mulally's Interview On Cnn
Ford's boss made an appearance on CNN's American Morning this... uh, morning. You'll find the transcript of the interview below. ----- John Roberts: Why should taxpayers give you any of their hard-earned money? Alan Mulally: Well, I think...
- Volvo Switches Its Ceo, Ford Motor Announces
Fredrik Arp may not have had the name recognition held by Bob Lutz or Gianni Agnelli, but holding the position of chief executive officer at Volvo Cars, a Swedish subsidiary of Ford Motor Company, had to be a blast. His Ford bio is available here. Arp...