CNBC's Phil LeBeau asked Ford CEO Alan Mulally about whether he had been approached to take the Microsoft CEO job.» Read More
*GM brands all gain; Toyota sweeps top three. DETROIT, Oct 29- Ford Motor Co tumbled to nearly the bottom of an annual survey of vehicle reliability due to flaws in its touch-screen navigation and entertainment system, while Japanese automaker Toyota Motor Corp swept the top three spots.
*Ford to move Southampton production to Turkey. LONDON/ DETROIT, Oct 25- Ford motor Co unleashed a second volley of European job cuts and plant closures on Thursday in a bid to halt regional losses that the automaker now expects to surpass $3 billion over two years.
With losses increasing in Europe, and the outlook for sales looking grim, Ford Motor said it will now close a second final assembly plant in that continent and cut nearly a fifth of its capacity.
LONDON-- Ford pressed ahead Thursday with its plan to slash production in Europe, announcing another plant closure and 1,500 more job cuts, as it warned that annual losses in the region will exceed $1.5 billion this year and next.
LONDON-- Carmaker Ford announced Thursday it will cut 1,500 jobs in Britain, closing a plant and eliminating a stamping and tooling facility, as it warned that losses in Europe will exceed $1.5 billion this year. Ford Motor Co., which on Wednesday announced the closure of another plant in Brussels, is struggling in Europe, as are many major carmakers.
Ford in the U.S. continues to grow profits and profit margins with a steady cadence of new and re-designed models. That will be the focus this fall even as reporters pepper Mulally with questions about his succession plans.
Ford CEO Alan Mulally laid out the automaker’s plan to bolster its faltering sales in Europe. The plan hinges in part on 15 new and redesigned models Ford will sell in Europe over the next 5 years.
Stock sell-offs can make for attractive buying opportunities, but Cramer said not all stocks are worth buying on a pullback.
CNBC's Phil LeBeau has an update on Ford's CEO Alan Mulally's stock holdings.
CNBC's Phil LeBeau has the numbers that show a strong February for the automaker.
Ford chief financial officer Lewis Booth and global product chief Derrick Kuzak will retire, reports CNBC's Phil Lebeau.
Mad Money host Jim Cramer explains why Ford's stock got slammed today; because the company simply overpromised and under-delivered.
After Ford missed annual revenue estimates by a nickel, CEO Alan Mulally on Friday sounded confident that the company was well on the road to stronger profitability by mid-decade.
A breakdown of why Ford missed estimates. with CNBC's Phil LeBeau and Mike Ward, Sterne Agee auto analyst.
CNBC's Phil LeBeau shares highlights from his conversation with Ford CEO Alan Mulally, who says Europe moved to a loss position in 2011 along with commodity costs, which factored into the five cent miss on EPS.
Ford's new model, Fusion Key will increase the company's market share, Ford Motor CEO Alana Mulally tells CNBC's Phil LeBeau.
CNBC's Phil LeBeau reveals Motor Trend's truck of the year, with Mark Fields, Ford Motor Americas president. Sales of the F-150 were up 4.5 percent this year.
As reports surface, and then Ford denies, that it's searching for the person who will ultimately replace CEO Alan Mulally, one thing is clear: This story will now overshadow everything else Ford is trying to do.
CNBC's Phil LeBeau has the details on Ford CEO Alan Mulally's comments on its Q3 earnings results, when the company plans to pay dividends, and the company's growth in 2012.
CNBC's Phil LeBeau has the breakdown of Ford's Q3 earnings, which came in better than expected.