According to Ford Americas President Joe Hinrich, this investment would expand their Oakville plant near Toronto, Canada.
Ford Motor Co.
Breaking News
Ford Motor Co. announced naming a new US sales chief after the retirement of its current executive effective November 1.
Ford CEO Alan Mulally said he would remain as the company's head at least through 2014 following reports that Microsoft Corp. had recruited him.
Ford Sollers said it will be reducing production of compact cars made in its Vsevolozhsk plant.
Automaker Ford continues to improve in net profit for the fifth straight quarter.
Ford's novel annuity for lump sum swap increases funding for pension funds.
Subscribe to VCpost newsletter
Most Popular
- China Hits 2 U.S. Defense Companies With Sanctions For Selling Military Weapons to Taiwan
- SSDI Payment April 2024: Who Will Receive Social Security Benefits Today?
- UPDATE: Google Employees Arrested and Fired After Staging Protests Over Company's Project Nimbus Deal With Israel
- Trump Media’s First Auditor Quits After Just a Few Months on the Job: Report
- Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'
- US Plans to Lift Tariff Exceptions to Dominant Chinese Solar Panel Imports as Biden Accuses Beijing of 'Cheating' on Its Steel Trade Pactices
- US Report: North Korea Producing Viruses, Bacteria for Germ Warfare Program
- American Airlines Pilots Union Issues Urgent Safety Alert Over Maintenance Issues
