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vince337

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  1. http://www.autoweek.com/apps/pbcs.dll/arti.../1056/autoshows
  2. Salaried-related costs will be reduced through the elimination of the equivalent of about 14,000 salaried-related positions, which represents approximately a third of Ford’s North American salaried work force. The reduction includes the equivalent of 4,000 positions eliminated in the first quarter of 2006. The additional reductions will be achieved through early retirements, voluntary separations and, if necessary, involuntary separations – with most employees expected to depart by the end of the first quarter in 2007 http://media.ford.com/article_display.cfm?...p;make_id=trust
  3. Full-year automotive profitability in North America not expected before 2009. South America and Ford of Europe still expected to be solidly profitable in 2006. However, full-year operating losses now expected in 2006 for Asia Pacific and Africa, and the Premier Automotive Group. Ford Motor Company’s 2006 year-end liquidity is expected to include automotive gross cash of about $20 billion, including the effects of $3.4 billion of VEBA. Ford Motor Company’s Board indicates that it will suspend payment of the quarterly dividend on its common and Class B Stock beginning in the fourth quarter of 2006. http://media.ford.com/article_display.cfm?...p;make_id=trust
  4. The two additional plants are clousing the Maumee ( Ohio) Stamping Plant and the Essex ( Ontario, Canada) Engine Plant. http://media.ford.com/article_display.cfm?...p;make_id=trust
  5. 70 percent of Ford, Lincoln and Mercury products by volume will be new or significantly upgraded from today through the end of 2008. People movers to go on sale in 2008 produced in Ford’s Oakville ( Ontario, Canada) Assembly Plant. MKS to go on sale in 2008 produced in Chicago Assembly Plant. All-new F-150 pickup confirmed to go on sale in 2008. http://media.ford.com/article_display.cfm?...p;make_id=trust
  6. Moving production to Ford’s St. Thomas ( Ontario, Canada) Assembly Plant. St. Thomas. http://media.ford.com/article_display.cfm?...p;make_id=trust
  7. http://money.cnn.com/services/tickerheadli...____DETH038.htm
  8. http://www.autonews.com/apps/pbcs.dll/arti...28&refsect= Mark Rechtin | | Automotive News / August 23, 2006 - 12:06 pm / UPDATED: 8/23/06 4:45 P.M. Ford Motor Co. will crack open the incentives vault for a month-end sales blitz that will offer 0 percent financing for as much as 72 months for Ford, Lincoln and Mercury buyers, including those with subprime credit ratings. The program, called the Labor Day Sales Event, begins Thursday, Aug. 24, and runs through Sept. 5, the day after Labor Day. It will be available on purchases of nearly all 2006 model vehicles, even ones in tight supply. Zero percent financing will be available to customers with subprime credit ratings, not just customers in the top two tiers, as in past programs. Dealers were notified of the program in a conference call Tuesday by Al Giombetti, president of Ford and Lincoln Mercury; and Cisco Codina, Ford's group vice president of North America marketing, sales and service. "It's part of our aggressive 2006 selldown and we want to get our customers the best deal nationwide," spokeswoman Whitney Drake said today. "It will move our 2006 inventory." Dealers said the program will benefit buyers who might have been turned down because of inability to make a monthly payment. "I have a customer who was turned down, and he'll be approved," one dealer said. "In a matter of a few days, he'll be in a new car." The Ford GT and some commercial trucks will be excluded from the offer.
  9. Ford plans retail version of Shelby GT-H Mustang Ford Fairlane, Lincoln MKS get green light Amy Wilson DETROIT -- Ford dealers will get a retail version of the Shelby GT-H -- the 325-horsepower Hertz Mustang rent-a-racer announced at the New York auto show in April. The retail car will be called the Shelby GT and will be available for the 2007 model year, say Ford dealers who were told about the car at dealer meetings last week in Las Vegas. Ford executives also told dealers that production versions of the Ford Fairlane and Lincoln MKS concept vehicles are on their way. Volume numbers for the new Shelby GT haven't been finalized, but Ford plans to distribute at least a few thousand, a Ford source said. The Shelby GT will be available in black or white paint with silver stripes. It will have similar features to the Hertz Mustang including hood pins and special side scoops. The cars will be finished at Carroll Shelby's shop in Las Vegas, the Ford source said. That shop is making 500 units of the 2006 Shelby GT-H for Hertz. The Shelby GT will be the focus of one of Ford's Bold Moves mini-documentaries. It is expected to appear on the www.fordboldmoves.com web site this weekend. Ford also showed dealers the Ford Fairlane and Lincoln MKS concept vehicles in Las Vegas. The Lincoln MKS sedan is slated to arrive in early 2008, said Duke Brubaker of Champion Ford Lincoln Mercury in Owensboro, Ky. The Fairlane crossover also has been expected in 2008, though its name may change. Mark Fields, Ford's president of the Americas, is likely to talk about some new product at a speech scheduled for Wednesday, Aug. 9, at the Management Briefing Seminars in Traverse City, Mich. Fields and CEO Bill Ford were both at the dealer meetings last week. Bill Ford answered a series of taped questions from dealers at one event, attendants said. The sessions left Robert L. Thibodeau Jr., a Ford dealer in Center Line, Mich., "cautiously optimistic." "I think they seem to get it: that product is absolutely essential," Thibodeau said. "It's just a question of we've got to get from 2006 to 2008."
  10. What Next!! Link: http://www.autonews.com/apps/pbcs.dll/arti...ct=newsletter08
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