DETROIT (Reuters) - Ford Motor Co posted a deeper than expected quarterly net loss on Thursday, but said it would have sufficient cash to fund its turnaround without seeking government loans, and shares rose in premarket trade.
RELATED ARTICLES
- Ford shareholders reject stock proposal
Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More - AP Source: Fiat mulls IPO after buying Chrysler
The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. More - Ford Profit Rises on Strong North American Sales
The automaker, which continues to struggle overseas, posted first-quarter net income of $1.6 billion, beating Wall Street expectations. More - Chinese Auto Market Shifts Toward Larger Cars
Auto buyers in what is the world’s largest car market are shifting away from compacts and subcompacts and buying more midsize cars and sport utility vehicles. More - Chrysler recalls Dodge Challengers for fire risk
Chrysler has issued an unusually dire warning to some owners of its Dodge Challenger muscle car warning them to park the vehicles until it can make repairs due to a risk of fire. According to Chrysler, the wiring harness is the source of the problem due a batch of potentially mis-wired electrical components. More
BING NEWS:
- Chaos Consumes Drive to Avoid Government Shutdown, With 2 Days to Go
President-elect Donald J. Trump’s denunciation of a bipartisan spending bill all but buried that deal while leaving unclear what form a new agreement could take.
12/18/2024 - 9:06 pm | View Link - Donald Trump rejects bipartisan plan to avoid a government shutdown, sets up debt ceiling battle
The president-elect and his allies have come out against the newly proposed government funding bill just days before a serious shutdown could begin.
12/18/2024 - 8:29 am | View Link - Ford And SK On Get $9.6 Billion Loan From US Government For Local Battery Plants
The three plants will have the capacity to produce 120 GWh worth of EV batteries each year. This loan has been in the works for more than 18 months and was only just approved. The DOE has also made recent loan commitments to Rivian and Stellantis.
12/17/2024 - 8:50 am | View Link - Ford Celebrates 75 Years Serving Law Enforcement
Ford, home of America’s best-selling police vehicle lineup 1, is announcing order banks are now open for the all-new 2025 Ford Expedition ® SSV. It is designed to support law enforcement, fire departments,
12/17/2024 - 3:30 am | View Link - Energy Office Expands Government Fleet with Electric Ford Trucks and Public Charging Stations
The V.I. Energy Officer has announced the addition of eight Ford F-150 Lightnings, fully electric pickup trucks, to the Government of the Virgin Islands (GVI) fleet. The acquisition was made possible through a Department of the Interior (DOI) Energizing Insular Communities (EIC) grant.
12/16/2024 - 9:18 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more