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Ford Motor Co (F.N)

F.N on New York Stock Exchange

8.51USD
18 Oct 2018
Change (% chg)

$-0.25 (-2.85%)
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Volume
14,152,476
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Latest Key Developments (Source: Significant Developments)

Ford Increasing GT Production
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Ford Motor Co ::FORD INCREASING GT PRODUCTION.FORD MOTOR- INCREASING FORD GT PRODUCTION TO 1,350 VEHICLES AFTER MORE THAN 6,500 APPLICANTS RACED TO SIGN UP FOR ORIGINAL 1,000 CARS ALLOTTED IN 2016.  Full Article

Ford Motor Co Names BBDO As Its Lead Creative Agency;WPP Remains Key Part Of Co's Multi-Agency Team, Leading Activation
Monday, 8 Oct 2018 

Oct 8 (Reuters) - Ford Motor Co ::FORD MOTOR CO SAYS NAMES BBDO AS ITS LEAD CREATIVE AGENCY;WPP REMAINS KEY PART OF FORD’S MULTI-AGENCY TEAM, LEADING ACTIVATION.  Full Article

Ford Motor Says Sept U.S. Sales Totaled 197,404 Vehicles, Down 11.2 Pct
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Ford Motor Co ::FORD F-SERIES TOPS 70,000-TRUCK MARK FOR SEVENTH CONSECUTIVE MONTH, WHILE FORD EXPEDITION SALES JUMP 27.4 PERCENT; LINCOLN NAVIGATOR SALES UP 77.3 PERCENT.FORD MOTOR - SEPT 2018 U.S. SALES TOTALED 197,404 VEHICLES, DOWN 11.2 PERCENT.FORD MOTOR - FOR INDUSTRY, SEPTEMBER 2018 EXPERIENCED SOME WEATHER-RELATED IMPACT DUE TO HURRICANE FLORENCE.  Full Article

Ford Motor Co Says Group Vice President Reports Open Market Sale Of 13,000 Shares At Average Price Of $9.54 Per Share
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Ford Motor Co ::FORD MOTOR CO - GROUP VICE PRESIDENT STEVEN ARMSTRONG REPORTS OPEN MARKET SALE OF 13,000 SHARES AT AVERAGE PRICE OF $9.54PER SHARE ON SEPT 24 - SEC FILING.  Full Article

Ford Executive Joseph Hinrichs Says May Boost Production Of Cars In China To Avoid New Tariffs- AFP
Tuesday, 25 Sep 2018 

Sept 24 (Reuters) - :FORD EXECUTIVE JOSEPH HINRICHS SAYS MAY BOOST PRODUCTION OF CARS IN CHINA TO AVOID NEW TARIFFS- AFP.  Full Article

Ford Motor Says August SAAR Between 17 Mln To 17.4 Mln Vehicles - Conf Call
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - Ford Motor Co ::FORD MOTOR SAYS INDUSTRY PRODUCED A SAAR BETWEEN 17 MILLION TO 17.4 MILLION VEHICLES FOR AUGUST, INCLUDING MEDIUM AND HEAVY TRUCKS - CONF CALL.FORD MOTOR SAYS ON AN ABSOLUTE BASIS, ESTIMATE OVERALL INDUSTRY AUGUST SALES TO BE FLAT, BUT IT COULD MAKE IT UP AS HIGH AS BEING UP 1 PERCENT - CONF CALL.FORD MOTOR SAYS OVERALL HEALTH OF THE CONSUMER IS VERY STRONG RIGHT NOW, WHICH PROVIDES A SOLID BASE FOR THE U.S. AUTO INDUSTRY - CONF CALL.FORD MOTOR SAYS ECONOMIC DATA SUGGESTS CONTINUED ECONOMIC GROWTH IN THE SECOND HALF, ALBEIT WITH THE SIGNS OF INCREASING PRICE PRESSURES.FORD MOTOR SAYS REPLACEMENT DEMAND THE INDUSTRY SAW DURING THE FINANCIAL CRISIS HAS BEEN SATIATED; EXPECT U.S. AUTO SALES WOULD BE AT A PLATEAU.  Full Article

Moody's Downgrades Ford Ratings To Baa3; Outlook Is Negative
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - MOODY'S::MOODY'S DOWNGRADES FORD RATINGS TO BAA3; OUTLOOK IS NEGATIVE.MOODY'S SAYS DOWNGRADED SENIOR UNSECURED RATING OF FORD MOTOR COMPANY, AND ITS SUPPORTED SUBSIDIARIES AND AFFILIATES TO BAA3 FROM BAA2.MOODY'S SAYS FORD'S RATING DOWNGRADE REFLECTS EROSION IN FORD'S GLOBAL BUSINESS POSITION & CHALLENGES IT WILL FACE IMPLEMENTING ITS FITNESS REDESIGN PROGRAM.  Full Article

Ford Issues Two Safety Recalls In North America
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Ford Motor Co ::FORD ISSUES TWO SAFETY RECALLS IN NORTH AMERICA.FORD SAYS ISSUING RECALL OF CONVENIENCE CHARGE CORDS DUE TO INCREASED TEMPERATURE AT THE WALL OUTLET AND POTENTIALLY LEAD TO A FIRE.FORD MOTOR - ISSUING RECALL FOR ABOUT 50,000 120-VOLT CONVENIENCE CHARGE CORDS.FORD MOTOR CO - ALSO ISSUING A RECALL FOR ABOUT 100 2018 FORD EDGE, 2019 FORD FLEX, 2018 LINCOLN MKX AND 2019 LINCOLN MARKET VEHICLES.FORD SAYS IS AWARE OF SOME FIRE REPORTS RELATED TO 120-VOLT CONVENIENCE CHARGE CORDS.FORD - FORD IS NOT AWARE OF ANY FIRES, ACCIDENTS OR INJURIES RELATED TO THE CONDITION OF IMPROPERLY SECURED POWER SUPPLY CABLE FASTENERS.  Full Article

Ford Motor Says July Total U.S. Sales Vehicles 194,026 Units, Down 3.1 Pct
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Ford Motor Co ::FORD TRUCKS POST DOUBLE-DIGIT GAINS, WITH F-SERIES MARKING ITS 15TH CONSECUTIVE MONTH OF YEAR-OVER-YEAR INCREASES; RETAIL SALES OF LINCOLN NAVIGATOR UP 65 PERCENT.FORD MOTOR CO - JULY TOTAL U.S. SALES VEHICLES 194,026 UNITS, DOWN 3.1 PERCENT.  Full Article

FORD CFO: COMPANY WILL TURN UNDERPERFORMING BUSINESSES INTO PERFORMERS OR DISPOSE OF THEM
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Ford Motor Co ::FORD CEO HACKETT SAYS EXTREMELY DISSATISFIED WITH COMPANY'S RESULTS IN EUROPE AND CHINA.FORD CEO SAYS COMPANY STILL TARGETING 8 PERCENT ADJUSTED EBIT MARGIN BY 2020.FORD CFO SHANKS SAYS COMPANY HAS NOT EARNED APPROPRIATE RETURN ON INVESTMENT SINCE 2004 IN SOUTH AMERICA.FORD CFO SAYS COMPANY'S EUROPEAN BUSINESS REQUIRES A MAJOR REDESIGN - ALREADY UNDER WAY.FORD CFO SAYS COMPANY'S OPERATIONS IN INDIA CONTINUED TO IMPROVE, ALTHOUGH SHOWED MODEST LOSS.FORD CFO SAYS FOCUSED ON GETTING COMPANY'S CHINA BUSINESS BACK ON TRACK AND GETTING APPROPRIATE RETURNS IN INDIA.FORD PRESIDENT OF GLOBAL MARKETS SAYS COMPANY NOW EXPECTS TO DELIVER LOSS IN EUROPE THIS YEAR.FORD PRESIDENT OF GLOBAL MARKETS SAYS COMPANY BEHIND ON CUSTOMER SHIFT TO UTILITY VEHICLES IN EUROPE.FORD PRESIDENT OF GLOBAL MARKETS: 'CLEARLY WE HAVE TO REDESIGN EUROPE ... AGGRESSIVELY ATTACKING COSTS'.FORD CEO HACKETT SAYS, IN RESPONSE TO ANALYST QUESTION, 'HELL YES, I EXPECT TO' BE WITH COMPANY WHEN FORD RESCHEDULES INVESTOR MEETING.FORD CFO SAYS COMPANY'S REDESIGN IS GOING TO BE FUNDAMENTAL AND GOING TO BE DEEP, GOING TO ADDRESS UNDERPERFORMING BUSINESSES.FORD CFO SAYS COMPANY WILL TURN UNDERPERFORMING BUSINESSES INTO PERFORMERS OR DISPOSE OF THEM.FORD PRESIDENT OF GLOBAL MARKETS SAYS OPTIMISTIC ABOUT CHINA NEW PRODUCT LAUNCHES LATER THIS YEAR.FORD PRESIDENT OF GLOBAL MARKETS SAYS CHINA PROFIT BOOST WON'T COME UNTIL NEW UTILITIES IN 2019 AND 2020.  Full Article

UPDATE 2-Goldman Sachs joins growing band of businesses snubbing Saudi conference

Oct 18 Goldman Sachs Group Inc on Thursday joined the growing list of high-profile businesses snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of journalist Jamal Khashoggi.