The automaker's shares fell 3.4 percent Tuesday to close at $8.95, finishing the day under $9 for the first time since August of 2012. The stock is down more than 28 percent so far this year.
BBDO, part of Omnicom, will now run brand advertising, which means it will create overarching big ideas for Ford and its vehicles. WPP's agencies will now have to follow BBDO's creative lead.
The company does not yet know how many jobs it plans to cut. But it expects to have more details by the send quarter of 2019.
From Ford to Walmart to Procter & Gamble, a growing number of iconic American companies are warning that President Donald Trump's tariffs on U.S. imports are raising their costs and prices.
More than a year after becoming CEO, and two months after he said it will cost at least $11 billion to restructure Ford, Jim Hackett has yet to give Wall Street details about his turnaround plan.
Ford's new CEO Jim Hackettt plans to concentrate on SUVs and trucks. That strategy could be a disaster when gas prices rise, says former Medtronic CEO Bill George.
Ford beat analyst expectations on Wednesday, driven in part by cost cuts and lower taxes. But rising commodity prices remain a headwind.
Ford is bringing hybrid technology to its most profitable and best-selling models, including trucks and muscle cars.
Ford found Nair had behaved in ways 'inconsistent with company’s code of conduct.'
With demand for its redesigned full-size SUV's surging, Ford is expanding production of the Expedition and Lincoln Navigator.
Ford is rolling out its version of the increasingly popular small SUV as it tries to improve profits in a difficult time.
Ford expects higher commodity costs to eat into 2018 profits, offsetting gains from cost-cutting efforts.
Design skills are leading to big job promotions and corporate success stories at companies as diverse as Ford, Intuit, Nike and Whirlpool.
Ford wants to equip every new car in the United States with connected-car technology by 2019.
Ford said it will run pilot programs in 2018 with the logistics company.
The company is trying to shake the image of being behind the recent trends in new mobility technologies such as self-driving cars.
The trick is how does Ford make money through all of this, says Michelle Krebs, AutoTrader executive analyst, weighing in on the automaker's new plan to produce electric vehicles and provide connected cars.
See which stocks are posting big moves after the bell.
Ford's CEO used most of his first 100 days at the helm to evaluate what works and what doesn't at the company.
The U.S. automaker plans to make its autonomous-drive vehicles available to the ride-hailing service's customers through the tie-up.