SANTA BARBARA, Calif (Reuters) - Ford Motor Co expects electric vehicles will represent a "major portion" of its lineup a decade from now as the automaker breaks away from a recent reliance on pickup trucks and SUVs, Chief Executive Alan Mulally said NorthSyracuse NEWS
SANTA BARBARA, California (Reuters) - Ford Motor Co has no plans to change its relationship with struggling former affiliate Visteon Corp but sees the mounting financial pressure on auto suppliers as its "biggest concern," Chief Executive Alan NorthSyracuse NEWS
DETROIT: Ford Motor Co detailed debt restructuring initiatives on Wednesday, including conversion of debt to equity and two cash tender offers, that could retire up to $10.4 billion of the automaker's debt. Ford, whose shares fell 14 per cent, said NorthSyracuse NEWS
DETROIT (Reuters) - Ford Motor Co on Wednesday announced a plan to cut its $25.8 billion in automotive debt by about 40 percent by offering creditors cash and new shares as it looks to slash financing costs at a time of plunging sales and tight NorthSyracuse NEWS
There was always a sweet bit of fiction in the notion that Ford (F) was so much better financially than GM (GM) or Chrysler that it could weather the global economic downturn no matter how brutal it turned. All of that magical thinking came to an end NorthSyracuse NEWS
DETROIT : Ford Motor said it hoped to eliminate as much as $10.4 billion in debt by giving cash and stock to debt holders as part of a revamping of its balance sheet. The moves, announced Wednesday by Ford, were similar to what General Motors and NorthSyracuse NEWS
DEARBORN, Mich. — Ford Motor Co. took another step to stay cost-competitive with government-financed automakers General Motors and Chrysler when it offered to exchange up to 40 percent of its debt for cash and stock. The company and its financial NorthSyracuse NEWS
The best of today's automotive news, reviews and commentary -- as well as the cool and weird -- from Freep.com and other Web sites. Check back for updates throughout the morning. Follow the Morning Auto Report on Twitter . General Motors’ auditors NorthSyracuse NEWS
DEARBORN, Mich. (AP) — Ford Motor Co. took another step Wednesday to stay cost-competitive with government-financed automakers General Motors and Chrysler when it offered to exchange up to 40 percent of its debt for cash and stock. The company and NorthSyracuse NEWS
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