Ford, UAW reach tentative deal on contract concessions; union leaders meet TuesdayOctober 13th, 2009 Ford, UAW reach tentative deal on contractDETROIT — The United Auto Workers union says it has reached a tentative deal with Ford Motor Co. on contract concessions.
Ford invests $490 million to build small car assembly plant in China to capture growing marketSeptember 24th, 2009 Ford to build new assembly plant in ChinaSHANGHAI — Ford Motor Co. said Friday it plans to spend $490 million on building a third assembly plant in China, ramping up production to meet surging demand in this fast-growing market as the U.S.
Ford launches small car FigoSeptember 23rd, 2009 NEW DELHI - US auto giant Ford Motor Co Wednesday unveiled its first small car for the Indian market, "Ford Figo". The Figo, which is colloquial Italian for "cool", will be manufactured at the company's Chennai facility and launched in markets by early 2010.
Ford to make low-cost compact car in India as US automaker targets fast-growing AsiaSeptember 23rd, 2009 Ford to make low-cost compact car in IndiaNEW DELHI — Ford Motor Co. will manufacture a low-cost compact car in India from early next year, the automaker said Wednesday, as it seeks to boost sales in fast-growing Asia.
Air India flight leaves 25 confirmed passengers behindSeptember 19th, 2009 KOLKATA - A Port Blair bound Air India flight Saturday took off from here, leaving behind 25 passengers with confirmed tickets as the airbus did not have the capacity to provide required seats to them. "The incident took place today (Saturday) morning when IC 287 had to take off without 25 passengers.
The top 10 most purchased and traded in vehicles under the "cash-for-clunkers" programAugust 7th, 2009 The top "cash for clunkers" vehiclesHere are the top 10 most popular vehicles purchased and traded under the government's "cash-for-clunkers" program as of Aug. 5:
TOP 10 NEW VEHICLES PURCHASED
1.
Ford, Mazda joint venture opens new $500 million passenger car plant in ThailandJuly 13th, 2009 Ford, Mazda open compact car plant in ThailandBANGKOK — Ford Motor Co. and Mazda Motor Corp.
Ford analyst calls June industry's best month in '09; sales down less than 30 pctJune 29th, 2009 Ford analyst says June best month for sales in '09DEARBORN, Mich. — Ford Motor Co.'s top sales analyst says June was the industry's best month of the year, with sales falling less than 30 percent.
Bill Ford: Economic crisis wake-up call for manufacturing, technology, energy and environmentJune 15th, 2009 Ford executive chairman helps kick off summitDETROIT — Ford Motor Co. Executive Chairman Bill Ford says the worst economic crisis in decades has been a wake-up call to the nation that its industrial base is eroding and should be rebuilt.
Ford VP expects UAW would give Ford same deal as GM, Chrysler if concessions deepenApril 23rd, 2009 Ford VP expects same concessions as GM, ChryslerEAST LANSING, Mich. — A Ford Motor Co.
Ford India to raise localisation levelsApril 23rd, 2009 CHENNAI - Auto major Ford India is adopting a multi-pronged strategy to expand its market share, including raising the local content of its vehicles, expanding the dealer and service centre networks and entering new segments, company officials said Wednesday. 'We have current set of products and are moving into new segments in which we are not present now,' Michael Boneham, president and managing director of Ford India, told reporters at a company plant at Maraimalai Nagar near here.
Italian subsidiary to expand tractor capacity at Tamil Nadu plantMarch 5th, 2009 CHENNAI - Agricultural machinery manufacturer Same Duetz-Fahr India, a subsidiary of the Italian major, will expand its Ranipet plant capacity near here on an outlay of Rs.500 million (Rs.50 crore), and will focus on the tractor segment, said a top company official Wednesday. 'We will increase the tractor capacity to 11,000 units by the end of 2010,' Shripad Shidore, company managing director told reporters here.
Ford India looking at export markets to plan expansionFebruary 21st, 2009 CHENNAI - Car manufacturer Ford India that plans to roll out a small car on an outlay of $500 million, is currently studying overseas markets to finalise its engine and transmissions capacity expansion plans. 'We are working on the demand estimates of our export markets in the Asia Pacific and African regions.
Fiat launches new model, plans doubling sales by 2010January 21st, 2009 KOLKATA - Car manufacturer Fiat India is likely to double sales by 2010, a top company official said here Thursday. 'We are anticipating more than 40,000 sales in the current year (2009) and we hope to double it by 2010,' Rajeev Kapoor, president and chief executive officer of the company said on the sidelines of the launch of Fiat Linea - a sedan with diesel and petrol variants.
ONGC to decide on exploration in Sri Lanka in a monthJanuary 13th, 2009 NEW DELHI - The state-run Oil and Natural Gas Corp (ONGC) will take a decision on exploration of hydrocarbon assets in a block offered by the Sri Lankan government within a month, the oil minister of the island nation said here Wednesday. Sri Lanka had in 2007 offered ONGC a hydrocarbon block in Mannar Basin for exploration.