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Ford Motor Co F

Alternate Symbol(s):  F.PR.D

Ford Motor Company is an automobile company. The Company develops and delivers Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. Its Ford Blue segment includes the sale of Ford and Lincoln internal combustion engine (ICE) and hybrid vehicles, service parts, accessories, and digital services for retail customers. Ford Model e segment primarily includes the sale of electric vehicles, service parts, accessories, and digital services. Ford Pro primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. Ford Next segment primarily includes expenses and investments for emerging business initiatives aimed at creating value for Ford in vehicle-adjacent market segments. Ford Credit segment is comprised of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities.


NYSE:F - Post by User

Bullboard Posts
Post by goldishon Feb 19, 2010 11:50am
115 Views
Post# 16799973

Ford lays off 900 workers at Mustang plant

Ford lays off 900 workers at Mustang plantFebruary 16, 2010 10:18:27 CST
DETROIT (AP) — Ford Motor Co. is cutting 900 workers at the Michigan plant that makes the Mustang.
Ford said Tuesday that the Flat Rock plant will go from two shifts to one in July. The plant, which is jointly owned with Mazda, also makes the Mazda6. Nearly 2,300 people work there.
Ford spokeswoman Marcey Evans said there was significant down time at the plant in 2009. Mustang sales fell 27 percent last year, while Mazda6 sales were down 34 percent.
Evans says a majority of the workers will be offered positions at other plants. Ford recently announced it will hire 1,200 workers at its Chicago Assembly Plant to build the new Ford Explorer.
Bullboard Posts