Ford | featured news

The social-networking site is aggressively pitching to big advertisers like Ford Motor Co. and PepsiCo Inc. the latest in a series of ad formats that tell users which of their Facebook friends have expressed interest in the brand or product featured in the ad.

Ford Motor reached an agreement to sell its Volvo subsidiary to a Chinese conglomerate for $1.8 billion.

Ford, the only U.S. automaker to avoid bankruptcy court, clawed its way to a $2.7 billion profit in 2009 and expects to stay in the black in 2010. It was the automaker's first annual profit in four years.

Automaker says earnings were fueled by cost cuts and Cash for Clunkers rebates.

Changes to the workers’ contract that would have allowed cuts appeared headed for certain defeat.

Ford uses the Texas State Fair to serve up its own brand of vegetable-powered pickup trucks.

One-time restructuring gains gave Ford a quarterly profit of $2.3 billion, despite a loss at its automotive operations.

Despite plummeting sales, its per-share loss is about half of what analysts had predicted. Also today, GM borrows more federal funds, and reports point to Chrysler bankruptcy.