Ford Motor Company, Automaker | featured news

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. Thirty-three percent supported it. That was slightly less support than the same measure received last year.

The automaker, which continues to struggle overseas, posted first-quarter net income of $1.6 billion, beating Wall Street expectations.

Ford Motor Co is on track to sell 2.2 million cars under its main brand this year, up 7 percent from 2011, the automaker said on Saturday, but the company has acknowledged losing market share as it struggled to keep up with consumer demand.

Ford's leaders have watched Mark Fields, a brash Harvard MBA, turn Ford's North American operations into a profit machine. Now the CEO job is his to lose....

FLAT ROCK, Mich.—Ford is adding 1,200 workers to a suburban Detroit factory to build the Fusion, a sign of confidence that the revamped sedan will be a big seller.

Pickup truck buyers are a stubborn lot, or so goes the conventional wisdom. What matters is payload and towing capacity; all else be damned. But recent trends suggest that’s not necessarily the case. The latest generation of full-size trucks now offer the sort of high-tech, high-touch features you might expect in a luxury car. And, perhaps most shockingly, Ford Motor Co. is now selling more than half of its F-Series pickups equipped with V-6s, rather than the classic, heavy-hauling V-8.

While the North American business performed well, the automaker reported a loss in Europe and now expects to lose more than $1 billion there this year.

General Motors and Chrysler reported double-digit sales of new vehicles, while Ford’s rose 7 percent. Toyota sales were up 60 percent.

Everything old is new again — especially when it comes to the classic 1964-1/2, ’65 and ’66 Mustangs... Like many makers, Ford has a catalogue full of parts for those original pony cars, everything from brakes to seats. But now, it seems, you can even order all-new, factory-approved Mustang bodies rather than having to scrounge up rusted and dinged-up originals.

DEARBORN, Mich. (AP) -- Ford Motor Co. said Tuesday it will add 5,750 jobs and invest $4.8 billion in its U.S. factories as part of a new contract deal with the United Auto Workers union....