Ford reports a $14.6 billion loss in 2008
US based automaker Ford has revealed that it made a $14.6 billion loss in 2008.
The company still is not looking for a federal bailout like their rivals GM and Chrysler.
Ford however has told their lenders that they would draw $10.1 billion from an existing line of [...]

Ford: We do not need government loans for survival
GM and Chrysler both have received bailout money from the US government.
Ford on the other hand has said that they have enough liquidity to fund its restructuring plan.
Ford CEO Alan Mulally said in a statement: “We don’t want to borrow any more money. We have [...]

Ford aiming to launch a small electric car in USA in 2011
Ford Motor has announced that they are aiming to launch an electric car in the US market by 2011.
This launch would be part of their plan to have electric, hybrid and plug-in hybrid vehicles on sale within the next four years.
Ford is working with [...]

Ford Motor post USD 3 billion operating losses
Ford Motor continues to struggle in their home market.
The US based automaker has posted a massive $3 billion quarterly operating loss on Friday.
Ford said that they are now going to reduce staff and capital spending so as to save money.
The company added that they are now going to [...]