CHICAGO – Leading U.S. automaker Ford Motor Co. reported on Friday that it notched a profit of 1.4 billion U.S. dollars in the first quarter of 2012, a decrease of 45 percent compared to the same period of last year, as higher tax expenses and a heavy loss in the European market affected its overall performance.
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BEIJING (Reuters) – Ford Motor Co plans to introduce vehicles in China that will be priced below its current low-price Fiesta model, the company’s chief of Asia operations said on Monday.
”We do believe that the Ford brand has even more potential to offer value products for these markets like the tier-3, 4, 5 cities, so we have some plans in place to do that,” Joe Hinrichs, Ford Asia chief, told reporters at the Beijing auto show.
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Ford Motor Company offered on Thursday a taste of some advanced technology that will be featured in the all-new Fusion, which is scheduled to be introduced at the Detroit auto show in January. The technical tidbit is a tracking system that can help prevent drowsy or inattentive drivers from wandering out of their lane. While similar technology has previously been offered on some automobiles, Octavio Navarro, a Ford spokesman, said in a telephone interview that the Fusion will be the first affordable nonluxury vehicle to offer this type of system.
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CHICAGO (Xinhua) — A tentative agreement between U.S. automaker Ford Motor Co. and the United Auto Workers (UAW) was approved by UAW members on Tuesday, the union announced on Wednesday.
The Ford agreement, which comes three weeks after General Motors’, would add 5,750 new UAW jobs, bringing the total to 12, 000. Chrysler Group LLC has just begun voting on its proposed deal, which is expected to conclude on Oct. 25.
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DETROIT (Reuters) – About 48,500 General Motors Co workers at U.S. factories will begin considering the details of a proposed four-year contract on Tuesday that represents the first labor deal for the automaker since its 2009 bailout by the Obama administration.
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NEW YORK (AP) — Ford Motor Co. says its Transit Connect small van has begun work as a New York City taxi.
The company says the first of the vans began hauling passengers late Tuesday. New York taxi companies have ordered more than 400 of the vans.
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Ford Motor Company is intensifying its efforts to educate teen drivers about the dangers of distracted driving – such as texting while driving – through a new initiative under its nationwide Ford Driving Skills for Life (FDSFL) program.
On the eve of the U.S. Department of Transportation’s Distracted Driving Summit, Ford Motor Company Fund will host a special FDSFL event in Washington, D.C., on Tuesday, Sept. 29, demonstrating specialized training methods designed to help teens recognize and avoid driving distractions such as manually dialing a phone or texting. Ford recently became the first automaker to endorse a federal ban on manually sending text messages on hand-held devices while driving.
(Source) Press
