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  • July 23, 2014
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  1. Business - Companies - CARS

    Ford hands keys to new CEO as 'driverless' future looms

    Posted May 03rd 2014, 04:00am by Bloomberg

    ... Bloomberg in Dearborn, Michigan Company veteran Mark Fields must fill shoes of lauded predecessor and steer firm into new era Ford hands keys to new CEO as challenges loom Mark Fields will take the keys to a Ford Motor that is lean, profitable and a far cry from the near-bankrupt carmaker taken over in 2006 by his predecessor, Alan Mulally. Fields nonetheless has his job cut out ...

  2. Business - Companies - VEHICLES

    Alan Mulally's legacy at Ford Motor sets high bar for Mark Fields

    Posted Apr 26th 2014, 01:21am by BLOOM

    ... When Mark Fields took charge of Ford Motor's Americas operations nine years ago, it was a major repair job as they descended into record losses and almost dragged the company ... F-Series pick-ups and Fusion models drove Ford's US sales up 11 per cent last year. In China, the world's largest car market, Ford now outsells Toyota Motor. Fields' greatest ...

  3. Business - Companies - CARS

    Ford CEO calls Japan a 'currency manipulator' after steep fall in yen

    Posted Jun 21st 2013, 12:00am by BLOOM

    ... Bloomberg in Beijing Complaint comes as fall in yen versus US dollar helps American sales of Japanese-made vehicles Ford CEO calls Japan a 'currency manipulator' Ford Motor chief ... Sho Minekawa, a senior managing officer at Honda Motor, said it is "not true" that Japan is a closed market, when asked about Mulally's comments at a company event. Nissan Motor ...

  4. Business - Companies

    Ford board open to earlier exit for chief exec Mulally: sources

    Posted Sep 06th 2013, 11:43am by Reuters

    ... Deepa Seetharaman and Bernie Woodall in Detroit Ford Motor chief executive Alan Mulally, credited with driving a culture change that helped save the No. 2 US automaker, may step down ... by its US competitors, General Motors and Chrysler Group, in 2009. The Ford board has been considering succession plans for several years as part of its normal review. One concern is cultivating ...

  5. Business - Companies

    Ford, UAW tackle blue-collar healthcare costs with new program

    Posted Jun 25th 2013, 01:29pm by Reuters

    ... Reuters in Dearborn, Michigan Ford Motor is launching a two-year pilot program with the United Auto Workers and a UAW-affiliated retiree trust fund aimed at lowering the cost of providing ... unionized retirees from General Motors, Ford and Chrysler Group. About 61 per cent of annual healthcare costs paid by Ford and the UAW trust stem from five chronic diseases: diabetes, asthma, ...

  6. Business - Companies

    Ford says July China auto sales up 71pc

    Posted Aug 06th 2013, 11:51am by Reuters

    ... Reuters in Beijing Ford Motor and its local partners in China sold a total of 72,834 vehicles on a wholesale basis in July, an increase of 71 per cent from a year earlier, the company said ... per cent from the same period last year. Strong demand for the Ford Focus again led sales in July. With 32,920 wholesale units sold, Ford Focus sales grew 77 per cent in July. ...

  7. Business - Companies

    China sales key to Ford's Asia target of 1 million cars this year

    Posted Oct 10th 2013, 10:55am by AFP

    ... Agence France-Presse in Detroit Ford is catching up to its competitors in key Asian markets and expects to sell more than one million vehicles there for the first time this year, a senior executive said Wednesday. Key to that growth is China, where Ford’s sales were up 51 per cent in the first nine months of the year to 647,849 vehicles, said David Schoch, Ford’s group vice-president ...

  8. Business - Companies

    Ford sues Japanese parts maker on claims of price-fixing

    Posted Jul 18th 2013, 11:14am by Reuters

    ... Reuters in Washington Lawsuit says Fujikura and alleged co-conspirators agreed not to compete with one another to sell Ford wire harnesses Ford Motor has sued Japanese auto-parts supplier ... Department. The government’s probe has resulted in guilty pleas or agreements to plead guilty by 10 companies, including Fujikura. Last year it pleaded guilty and agreed to pay a US$20 million ...

  9. Business - Companies

    Ford to build current and new F-150 pickups at same time

    Posted Jul 24th 2013, 09:39am by Reuters

    ... said. It is unusual, but not unprecedented, for automakers to build older models alongside the new ones, especially when it comes to top-sellers. Ford is allocating more time than General Motors ... Reuters in Detroit Ford will produce both its current F-150 pickup and a new model for about six months to avoid disrupting sales of the top-selling US vehicle and safeguard against ...

  10. Business - Companies - PROFILE

    A female edge for the future of car design

    Posted Jul 10th 2013, 12:00am by Anita Lam

    ... Anita Lam anita.lam@scmp.com Chelsia Lau says being an Asian woman gives her an edge as a designer with Ford, and will also help in making cars that appeal to women A female edge ... global car industry. Raised in a small village on Lantau, and a graduate of a local design institute, Lau, the chief designer of Ford's strategic concepts group, was seen as the odd one out ...




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