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Ford Motor Co (F.N)

F.N on New York Stock Exchange

11.78USD
22 Sep 2017
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$0.06 (+0.55%)
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Latest Key Developments (Source: Significant Developments)

Mahindra and Mahindra, Ford to explore cooperation in mobility, electrification programmes
Monday, 18 Sep 2017 05:09am EDT 

Sept 18 (Reuters) - Mahindra And Mahindra Ltd ::Says co, Ford explore strategic alliance to drive growth in India, other emerging markets.Says teams from both cos to collaborate and work together for period of up to three years.Areas of potential cooperation includes mobility programmes, electrification, connected vehicle projects among others.  Full Article

Ford overall results down 2.1 percent for August​
Friday, 1 Sep 2017 09:18am EDT 

Sept 1 (Reuters) - Ford Motor Co :Ford F-series pickup truck sales rise 15 percent in August; overall ford results down 2.1 percent.‍Overall ford results down 2.1 percent for August​.U.S. sales totaled 209,897 vehicles for August, down 2.1 percent.Ford motor co says seeing "high demand" overall for its F-series lineup this year.  Full Article

Avis Budget Group unit enters agreement with Ford
Thursday, 31 Aug 2017 04:54pm EDT 

Aug 31 (Reuters) - Avis Budget Group Inc ::Avis Budget Group - ‍on Aug 29, unit entered agreement with Ford for purchase of vehicles from Ford dealers for 2018 vehicle model year​ - SEC filing.  Full Article

Domino's and Ford begin consumer research of pizza delivery using self-driving vehicles
Tuesday, 29 Aug 2017 06:00am EDT 

Aug 29 (Reuters) - Domino's Pizza Inc :Domino's and Ford begin consumer research of pizza delivery using self-driving vehicles.  Full Article

Ford names ‍Jason Luo president of Ford China
Wednesday, 23 Aug 2017 06:00pm EDT 

Aug 23 (Reuters) - Ford Motor Co :Ford names new chairman and ceo for Ford China; new vice president of Powertrain engineering.Ford Motor Co - ‍Jason Luo is named chairman and ceo of Ford China​.Ford Motor Co - ‍Dave Filipe is appointed vice president, Powertrain engineering, succeeding Bob Fascetti who has elected to retire​.Ford Motor Co - ‍Filipe succeeds Bob Fascetti, who has elected to retire Oct. 1.​.Ford Motor Co - ‍ Jason Luo and Dave Filipe's appointments are effective September 1​.  Full Article

Ford Motor Co says July U.S. sales down 7.5 pct
Tuesday, 1 Aug 2017 09:15am EDT 

Aug 1 (Reuters) - Ford Motor Co :Ford motor co says its U.S. Sales were down 7.5 percent in July, with sales of 200,212 vehicles.  Full Article

Ford Motor reports Q2 earnings per share of $0.51
Wednesday, 26 Jul 2017 07:22am EDT 

July 26 (Reuters) - Ford Motor Co ::Q2 earnings per share $0.51.Q2 adjusted earnings per share $0.56.Q2 total revenue $39.9 billion, up $0.4 billion.Q2 earnings per share view $0.43, revenue view $37.10 billion -- Thomson Reuters I/B/E/S.Q2 automotive segment pre-tax profits of $2.2 billion.Sees 2017 adjusted EPS of $1.65 to $1.85.Says capital spending on track for FY outlook of $7 billion.Says pension contribution in line with FY plan of $1 billion.Says still expect FY shareholder distributions of about $2.7 billion.Says for 2017, continue to expect growth in global GDP and industry volume.Sees 2017 automotive segment revenue to be about equal to 2016 level.Sees 2017 automotive segment operating margin lower than 2016.Says expects FY 2017 automotive segment operating cash flow to be positive, but lower than 2016 level.FY2017 earnings per share view $1.51 -- Thomson Reuters I/B/E/S.  Full Article

Ford Motor Q2 automotive segment ‍revenue ​$37.11 bln vs $36.93 bln
Wednesday, 26 Jul 2017 07:00am EDT 

July 26 (Reuters) - Ford Motor Co ::Quarterly automotive segment ‍revenue ​$37.11 billion versus $36.93 billion.Says reported lower Q2 adjusted pre-tax profit due to higher commodity cost, unfavorable exchange, non-repeat of 2016's gain on sale of stake in OEConnection‍​.Says for 2017, continue to expect North America automotive segment operating margin and profit to be lower than 2016‍​.Says for 2017, continue to expect South America automotive segment loss to improve from last year.Says for 2017, expect Europe automotive segment to remain profitable, although below 2016 levels, mainly due to Brexit effects, higher commodity cost.Says for 2017, now expect Ford Credit full-year pre-tax profit higher than $1.5 billion.  Full Article

Ford Romania to hire more staff, stop B-Max production
Monday, 24 Jul 2017 06:05am EDT 

July 24 (Reuters) - Ford Motor Co :* Says will stop producing its B-Max model at its Romanian unit Automobile Craiova in September..* Says will start producing its smaller sport utility vehicle EcoSport in the fall..* Says plans to hire an additional 500 people, on top of plans for more than 1,000 new hires announced earlier this year, meaning Ford Romania staff will rise by just under 1,700. .  Full Article

Jiangling Motors to pay FY 2016 annual div on July 25
Tuesday, 18 Jul 2017 02:04am EDT 

July 18(Reuters) - Jiangling Motors Co Ltd <000550.SZ> ::* Says it will pay FY 2016 dividend to shareholders of record on July 24.* The company's shares will be traded ex-right and ex-dividend on July 25 and the dividend will be paid on July 25.  Full Article

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Ford to cut production at five North American vehicle plants

DETROIT Ford Motor Co said on Tuesday it plans to idle five North American vehicle assembly plants for a total of 10 weeks to reduce inventories of slow-selling models.