Ford Motor has reported an operating profit of $2.2bn for the third quarter of 2012, compared to $1.9bn for the same period in 2011. For the third quarter of 2012, the company posted a net income of $1.63bn, compared to $1.63bn for the ...
Dollar Thrifty Automotive group, a car rental firm, has signed a multi-year vehicle supply agreement with Chrysler Group. Under the deal, Dollar Thrifty will source a portion of its annual vehicle purchases via Chrysler Group's 2015 ...
Tags: dollar thrifty, automotive group, chrysler group, vehicle
US carmaker Ford and its joint venture Changan Ford Mazda Automobile (CFMA) are planning to invest $760m to build a new assembly pant in Hangzhou, China. The new assembly plant is expected to increase the production capacity by two fold ...
Tags: Ford, new assembly, Hangzhou
ACH's climate control business is located at its Sheldon Road Plant in Plymouth Township, Michigan, US. Detroit Thermal Systems is the joint venture between Valeo and V. Johnson Enterprises, where V. Johnson Enterprises will have a ...
Tags: ACH's climate control business, Detroit Thermal Systems, ford motor
US carmaker Ford Motor has reported 11.7% rise in its sales in the UK to 30,300 vehicles, while its sales in Russia increased 11.1%, over the same period in 2011. The company's market share in May in 19 Western European markets declined ...
Tags: Ford, sales increase, UK, Russia
US carmaker Ford is planning to invest $760m in building a new assembly plant in Eastern China, in a move to expand its capacity. The carmaker said that new Hangzhou plant will double its production capacity in China to 1.2 million ...
Tags: Ford, assembly plant, China
US carmaker Ford Motor is planning to invest $135m in its advanced electrification center in Dearborn, Michigan, US for the development of advanced battery systems and associated components for its new hybrid-electric vehicles (EVs). The ...
Tags: Ford, invest, battery systems, hybrid-EVs
General Electric (GE) has agreed to buy Ford Motor's 2,000 C-MAX plug-in hybrid vehicles as the company plans to convert half of its global fleet to alternative fuel vehicles. As part of the agreement, Ford will also jointly market GE's ...
Tags: general electric, hybrid vehicles, alternative fuel vehicles, ford motor
Ford Motor of Canada has partnered Best Buy to provide the owners of Focus electric vehicle with a home charging station. Under the plan, the company will offer 240-volt home charging station for Focus EV and the upcoming plug-ins in ...
Tags: Ford, Best Buy, charging stations
French auto parts maker Faurecia will acquire Ford Motor's Saline, Michigan-based automotive interior trim business, which is currently operated by Automotive Components Holdings (ACH). The Ford's Saline business generates $1.1bn annual ...
Tags: auto parts, automotive interior trim, cockpit modules, instrument panels
The Coca-Cola, Ford Motor, HJ Heinz, Nike and Procter & Gamble, have formed Plant PET Technology Collaborative (PTC), a strategic working group focused on accelerating the development and use of 100% plant-based PET materials and fiber in ...
Taipei, Nov. 2, 2012 (CENS)--American automaker Ford Motor Co. recently demonstrated a prototype carbon-fiber engine hood that helps lower fuel consumption. The carbon-fiber reinforced plastic Ford Focus hood displayed at the Composites ...
Tags: Ford Motor, prototype carbon-fiber engine hood, lower fuel consumption
Ford Motor has opened an€11.6m expansion of its Design Centre at Merkenich-Cologne,Germany,which features an open and fluid design to help promote idea exchange. As part of the expansion,the company has also installed a powerwall ...
Bloomberg reported that Investment Dar Company, the owner of Aston Martin, had received competing bids from Mahindra & Mahindra and London based private equity fund Investindustrial for half the sports car maker. The people, asking not to ...
Tags: Investment Dar Company, bid, private equity fund, sports car
British sportscar manufacturer Aston Martin has received bids from Mahindra & Mahindra and Investindustrial to acquire half of its business. London based private equity fund Investindustrial offered about $401m but Indian automaker ...
Tags: Aston Martin, Stake Sale