Ford says turnaround to take years as results fell short for 2017 and 2018

Ford logo in their auto plant

Ford Motor last week estimated financial outcomes for 2017 and 2018 that fell short of investor expectations, in a downbeat projection that contrasted with a more favorable outlook from competing automaker General Motors. Ford Chief Financial Officer Bob Shanks informed experts at an investor conference in Detroit that greater expenses for steel, aluminum and other […]

Ford also need Brexit deals with Turkey, South Africa, automaker tells UK

Ford logo in their auto plant

Britain has to strike post-Brexit trade deals with countries such as Turkey and South Africa in addition to the European Union, Ford stated, highlighting the scale of the difficulty facing Prime Minister Theresa May to fulfill business demands. Ford, Britain’s biggest automobile engine-maker, runs two producing sites in the country and like other companies has […]