Ford looks to cut energy use by 25% over next 5 years
Ford expects to slash its energy use by 25% over the next five years by expanding water recycling, shipping less waste to landfills and reducing emissions of carbon dioxide.
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Ford expects to slash its energy use by 25% over the next five years by expanding water recycling, shipping less waste to landfills and reducing emissions of carbon dioxide.
Water use, waste-to-landfill and carbon dioxide (CO2) emissions will all be cut by more efficient technology and more eco-friendly practices. Suppliers also are expected to curb their energy consumption.
Are you a General Motors or Ford Motor salaried retiree with questions on the lump sum pension offer? Should you stay with a monthly check or go for a lump sum? Talk to two financial planners to help you decide during a web chat at 11 a.m. on Tuesday.
Ford celebrated its $600-million investment at Louisville Assembly Plant Wednesday where the new Ford Escape SUV is rolling off the line and being shipped to dealers. The all-new 2013 Escape has a sleeker, more European look and better fuel efficiency than the more truck-like version it replaces.
The automaker has high hopes for the all-new 2013 Escape that has a sleeker, more European look and better fuel efficiency than the more truck-like version it replaces. Ford converted the Kentucky plant which used to make large trucks and SUVs. Reprogrammable tooling in the body shop makes it possible to produce up to six different vehicles at the same time, making it Ford’s most flexible U.S. plant.
Bob Shanks, Ford's new chief financial officer, has no aspirations to become CEO when Alan Mulally retires from the top job. Shanks, 59, would rather work to keep the automaker on a solid financial path when Mulally leaves.
Granted, it won't be used for patrol in most cities. Instead, it will most likely get more mundane tasks like picking up traffic cones. But if it comes decked out with lights and siren, it certainly could be used for hardcore police work.
Ford and General Motors retirees: Are you wondering whether you should take a lump sum payment or continue to receive a regular pension check? Read a replay of a web chat in which readers talked to three financial planners about this question.
Michael Dingman has spent much of his life collecting vintage Fords and classic neon signs, restoring and keeping them well-preserved. Now, the former Ford director is ready to share his slice of Americana with others. Nearly 50 cars, many of them from Ford's flathead era, and well over 1,000 signs are to be auctioned this weekend at his property in Hampton, N.H.
Nearly 50 cars, many of them from Ford’s flathead era, and well over 1,000 signs are up for auction this weekend at his property in Hampton, N.H.
About 75 veterans, many seeing the World War II Memorial for the first time, will take part in ceremony marking the 68th anniversary of the D-Day invasion of Normandy. They are arriving in Washington on Honor Flights, sponsored by Ford from Detroit and Louisville.
A memorial celebration for Harold Poling, the former CEO of Ford, will be June 13 at the Henry Ford. Poling died May 12 at age 86 at his home in Pacific Grove, Calif. He is survived by Marian, his wife of 55 years, as well as daughters Pam and Kathryn and son Doug.
Ford used a meeting of the Future Farmers of America in Texas on Monday to show the updated 2013 F-150 that will go on sale this fall against a Dodge Ram with a new V6 engine. At the same time, Ford and Chrysler are bracing for the next-generation Chevrolet Silverado and GMC Sierra due early next year as competition heats up in one of the industry's more profitable segments.
A memorial celebration for Harold A. Poling, the former head of Ford Motor Co. will be held June 13 at the Henry Ford Museum in Dearborn.
Leon LaBreque, a financial planner based in Troy, has summarized key questions for retirees facing the choice of taking their pensions in a lump sum or continued monthly payment.
Ford CEO Alan Mulally is in Texas today to show the 2013 F-150 pickup with a new Limited luxury model and some upgrades designed to ward off competition from improved trucks coming from General Motors and Chrysler.
Ford Executive Chairman Bill Ford also said trends in transportation, manufacturing and green technology offer an opportunity for Michigan to emerge as a global innovation center.
The Ford Explorer is in the CHiPs. The California Highway Patrol, one of the more visible law enforcement agencies in the country and one that was featured on the old "ChiPs" TV show, plans to buy the Police Interceptor version of the Ford Explorer as its mainstay patrol vehicle, the Los Angeles Times reports.
Ford is expecting to report strong May sales on Friday, helped by higher incentives, and industry sales could exceed 14.5 million for the year, Ford sales analyst Erich Merkle told reporters Wednesday.
Ford President and CEO Alan Mulally visited Wednesday with U.S. Treasury Secretary Tim Geithner and Michigan's congressional delegation, pushing for an Asia-Pacific free-trade agreement to move ahead without Japan's involvement.
Ford is expecting to report strong May sales on Friday and total industry sales could be in the mid-to-high 14 million range, Ford sales analyst Erich Merkle told reporters today.
The launch of the all-new 2013 Ford Escape will not be affected by a hailstorm near the Louisville Assembly Plant and none of the damaged vehicles will be sold as new vehicles, said Ford spokesman Todd Nissen.
Ford President and CEO Alan Mulally visited today with U.S. Treasury Secretary Tim Geithner and Michigan’s congressional delegation, touting the company’s recent successes, outlining plans for future production and pushing for an Asian-Pacific free trade agreement to move ahead without Japan’s involvement.
The launch of the all- new 2013 Ford Escape will not be affected by a hailstorm near the Louisville Assembly Plant and none of the damaged vehicles will be sold as new vehicles, said Ford spokesman Todd Nissen.
UAW leaders and workers gathered Friday at Ford's Rouge complex in Dearborn to commemorate the Battle of the Overpass, one of the most pivotal moments in labor history. Remembering the brutal struggle that the union went through in its early years is important as the UAW fights to rebuild from recent membership losses, UAW Local 600 President Bernie Ricke said.
Remembering the brutal struggle that the union went through in its early years is important as the UAW fights to rebuild from its recent membership losses, UAW President Bernie Ricke said. On May 26, 1937, Walter Reuther and other labor leaders went to the overpass at the Ford Rouge complex in Dearborn that connected the front entrance to Miller Road as they were trying to unionize the company. What ensued was a savage beating that turned public opinion in the UAW's favor.
The ratings agency that granted its highest ratings to billions of dollars of risky mortgage-backed securities is downgrading $9.3 billion of Ford's unsecured debt.
The Blue Oval belongs to Ford again. Moody's Investors Service raised Ford's senior unsecured credit rating from Ba2 to Baa3, making it the second ratings agency to restore the automaker's investment-grade debt rating, ending a nearly seven-year period during which Ford paid higher junk bond interest rates.
The decision – which comes less than a month after Fitch Ratings' decision to boost Ford’s rating – reflects yet another mark of approval from the financial community for the Dearborn automaker’s turnaround. Moody’s said it was confident that Ford’s turnaround was sustainable and that the company’s restructuring moves have positioned it to thrive.
Ford has started taking orders for the all-new C-Max hybrid that will start at $25,995. Ford said that is $500 less than a competitor, the Toyota Prius v wagon. The C-Max is a five-passenger crossover that looks like a small minivan but with conventional doors. It is Ford's first dedicated hybrid vehicle line.
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Mike Thompson