Danville NEWS - Ford To Invest $260M In German Plant - KIRO-TV Danville NEWS - Ford To Invest $260M In German Plant - KIRO-TV

Monday, March 16, 2009

Danville NEWS - Ford To Invest $260M In German Plant - KIRO-TV

FRANKFURT -- An official said Ford Motor Co. will invest euro200 million ($260 million) in its plant in the German city of Cologne. North-Rhine Westfalia Minister President Juergen Ruettgers said the investment will help secure jobs and get the Meredith NEWS

The crisis in Europe 's shrunken car industry deepened today when Ford cut production and extended the shorter working week at two of its core continental plants. Ford executives battened down the hatches for a prolonged downturn in demand stretching Meredith NEWS

Ford Motor on Monday said it was cutting production at its factories in Germany, Spain and Romania in response to the “unprecedented decline” in demand for new cars on the continent. The Detroit carmaker said it was moving from three to two Meredith NEWS

FRANKFURT, March 16 (Reuters) - Ford Motor Co ( F.N ) announced further production stoppages at its European operations and warned of more possible cuts ahead as it tries to combat a sharp decline in demand. "Ford of Europe must return to sustainable Meredith NEWS

WEST PALM BEACH, FL -- (Marketwire) -- 03/16/09 -- Ford Motor Company will celebrate the 45th anniversary of the Mustang by auctioning the first retail 2010 Ford Shelby GT500 and a pair of Mustang GT concept cars during the 7th Annual www.barrett Meredith NEWS

FRANKFURT (Dow Jones)--Ford Motor Co.'s (F) European division Monday said that it was adjusting production capacity to shrinking demand and signaled that further steps will follow to lower costs and to ensure profitability. "Cutting capacity Meredith NEWS

Ford Motor Co. Has announced it will invest 200 million euros into its Cologne-based Germany motor works. Minister President of North-Rhine Westfalia, Juergen Ruettgers said the investments would help secure more than 700 jobs and get the company Meredith NEWS

NICOSIA — Frenchman Sebastien Loeb earned his 50th victory in the World Rally Championship (WRC) yesterday, with a comfortable win in Cyprus. Loeb, in a Citro├źn, won by 27.2 seconds over Mikko Hirvonen in a Ford Focus after the Finn narrowed on Meredith NEWS

FRANKFURT (AP) - Ford Motor Co. said Monday it will cut capacity and costs in its European operations because of weaker demand amid the economic crisis, even while investing euro200 million ($260 million) in its plant in the German city of Cologne Meredith NEWS

No comments: