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Latest News
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FORD MOTOR CREDIT REPORTS 2008 PRELIMINARY RESULTS
Ford Motor Credit Company reported a net loss of $1.5 billion in 2008, a decrease of $2.3 billion from net income of $775 million a year earlier. On a pre-tax basis, Ford Motor Credit reported a loss of $2.6 billion in 2008, including the second quarter 2008 impairment charge of $2.1 billion for North America operating leases, compared with earnings of $1.2 billion in the previous year. The decrease in full year pre-tax earnings is more than explained by the impairment charge, a higher provision for credit losses, and higher depreciation expense for leased vehicles.(29 January 2009)
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JANUARY 28 FORD E-NEWS
Ford strengthens global marketing function to deliver "One Ford" vision; Fusion Hybrid�??s Class-Leading Fuel Efficiency Earns Highest Available Tax Credit; Ford Leads in Quality, Significance of Technology Patents(28 January 2009)
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PREMIUM LONDON MINICAB FLEET ADDISON LEE ADDS 1,000 MORE FORD GALAXYS
BRENTWOOD, ESSEX, 29 January, 2009 �?? Ford is supplying 1,000 new Ford Galaxy models to Addison Lee, London�??s top minicab service.(29 January 2009)
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2010 FORD FUSION HYBRID QUALIFIES BUYERS FOR HIGHEST AVAILABLE FEDERAL TAX CREDIT �?? $3,400
Customers eager to purchase America�??s most fuel-efficient mid-size sedans, the 2010 Ford Fusion Hybrid and Mercury Milan Hybrid, can take advantage of a $3,400 tax credit from the federal government.(28 January 2009)
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ALL-NEW FORD KA COMES WITH LOW COST OF OWNERSHIP
Ford's new Ka is now on sale with lower insurance groups across the range, which, together with significantly improved residual values, offers customers minimised cost of ownership.(28 January 2009)
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NEW MANAGING DIRECTORS AT FORD AACHEN RESEARCH CENTRE
Dr. Andreas Schamel and Professor Dr. Pim van der Jagt have been appointed Managing Directors of the Ford Research Center in Aachen, Germany, effective February 1st, 2009, following the retirements of Dr. Charles Wu and Professor Dr. Horst Schulte. Andreas will assume the lead role as site manager of the Ford Research Center Aachen and have overall responsibility for the operational business.(28 January 2009)
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Biography: Steve Adams
Steve Adams is Ford�??s Global Vehicle Line Director, Commercial Vehicles. As such he is responsible for the company�??s global commercial vehicles including Transit and Transit Connect. He was also recently elected a Board member at Ford Otosan, the joint venture company which is part owned by Ford and Koch Holdings and is based in Koaceli, Turkey.(27 January 2009)
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Ford's bright sparks use experience to ignite 2009 WRC title bid
BP Ford Abu Dhabi World Rally Team's young chargers plan to use the lessons learned last season to ignite their challenge in the 2009 FIA World Rally Championship which begins in Ireland next week (29 January - 1 February). Finns Mikko Hirvonen and Jari-Matti Latvala raised their experience levels enormously as they turned what was expected to be a transitional year for Ford in 2008 into a concerted title bid in both the drivers' and manufacturers' series.(23 January 2009)
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FIESTA NAMED �??CAR OF THE YEAR�?? BY WHAT CAR?, BRITAIN�??S LEADING SOURCE OF NEW CAR ADVICE
What Car? magazine, Great Britain�??s leading source of new-car advice, has named the new Ford Fiesta 1.25i Zetec its Car of the Year 2009, adding to the growing list of accolades for the new small car that Ford is introducing around the world.(22 January 2009)
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JANUARY 22 FORD E-NEWS
New Ford Fiesta receives coveted What Car? "Car of the Year" Award; PowerShift transmission to set new standard for efficiency, drive quality; Ford Fusion Hybrid Helps Special Needs Family(22 January 2009)
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