Amit Chowdhry | October 26, 2011 | 453 views | Add a Comment
Categorized under Alan Mulally, Ford Motor Company
Ford Motor Company (NYSE:F) has announced a third quarter net income of $1.6 billion, or 41 cents per share. This is a $38 million decrease from Q3 2010. The pre-tax operating profit was $1.9 billion. The total company revenue for the third quarter was $33.1 billion, which is up $4.1 billion from Q3 2010. Ford Credit also reported a pre-tax operating profit of $581 million. This is a decrease from Q3 2010.
Riley Kennysmith | August 22, 2011 | 352 views | Add a Comment
Categorized under Akio Toyoda, Alan Mulally, Ford Motor Company, Toyota
Ford and Toyota have announced a “memorandum of understanding” that partners the two companies in creating a hybrid platform for rear-wheel drive SUVs and light trucks. The collaboration also includes a partnership to further the future of telematics standards. Ford and Toyota will be “equal partners” in creating the hybrid system, Engadget reports.
Amit Chowdhry | March 13, 2011 | 673 views | Add a Comment
Categorized under Alan Mulally, Bill Ford Jr., Ford, Ford Motor Company, John Stoll
Ford Motor Company (NYSE:F) has given financial rewards to executives involved in the company. Ford CEO Alan Mulally was granted $33.4 million in stock after taxes according to a filing with the SEC. Mulally was essential in Ford’s amazing turnaround in terms of profits and stock price. Bill Ford Jr. took $25 million after tax in the form of unrestricted stock.
Amit Chowdhry | April 27, 2010 | 593 views | Add a Comment
Categorized under Alan Mulally, Ford, Ford Motor Company
Ford Motor Company (NYSE:F) has hit $2.1 billion in profit in Q1 of 2010, which is a $3.5 billion improvement from last year. Not too shabby Ford…
Amit Chowdhry | March 31, 2010 | 952 views | 1 Comment
Categorized under Alan Mulally, Ford, Ford Motor Company, Microsoft Corporation, Microsoft Hohm
Ford Motor Company (NYSE:F) and Microsoft Corporation (NASDAQ:MSFT) announced today that they are creating a web application that helps manage the recharging of electric vehicles.
“Ford and Microsoft both share a strong commitment to contributing to a better world. Today, we begin the next major step in our working together and leading the way for energy efficiency and environmental sustainability,” stated Ford CEO Alan Mulally. “For Ford, this is a needed step in the development of the infrastructure that will make electric vehicles viable.”
Microsoft’s Hohm software will power the energy management application into Ford’s electric cars, including the Focus Electric coming out next year.
Hohm will help Ford electric vehicle owners “determine when and how to most efficiently and affordably recharge battery electric (BEV) and plug-in hybrid (PHEV) vehicles.” [Detroit Free Press]
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