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FORD CEO ALAN MULALLY TESTIFIES ON CAPITOL HILL
Mr. Chairman, Senator Shelby, and members of the Committee. Since the last hearing, I have thought a great deal about the concerns you expressed. I want you to know I heard your message loud and clear. -
Written Testimony of Alan R. Mulally, President and Chief Executive Officer, Ford Motor Company
Mr. Chairman, Senator Shelby and members of the Committee. Thank you for the opportunity to share Ford’s plan. We appreciate the valid concerns raised by Congress about the future viability of the industry. We hope that our submission and today’s testimony will help instill confidence in Ford’s commitment to change, including our accountability and shared sacrifice during this difficult economic period. -
FORD MOTOR COMPANY SUBMITS BUSINESS PLAN TO CONGRESS; PROFIT TARGET, ELECTRIC CAR STRATEGY AMONG NEW DETAILS
Ford Motor Company this morning submitted to Congress its comprehensive business plan, which details the company’s plan to return to profitability and outlines a request for potential access to a temporary bridge loan in case the current economic crisis worsens or there is a bankruptcy of a major competitor. -
Ford Motor Company Business Plan
In this submission, we first provide an overview of the current business environment, then discuss our Plan for viability, and conclude by answering the specific questions posed in the correspondence received from Speaker of the House Nancy Pelosi and Senate Majority Leader Harry Reid. -
Congressional Submission Appendix
Congressional Submission Appendix -
FORD ANNOUNCES SENIOR MANAGEMENT CHANGES TO STRENGTHEN GLOBAL PERFORMANCE VEHICLES STRATEGY
Ford Motor Company is strengthening its commitment to performance vehicles by appointing Jost Capito to the newly-created position of Director, Global Performance Vehicles and Motorsport Business Development. Jost will take up his new position in January 2009. -
FORD MARKET SHARE CLIMBS AGAIN IN NOVEMBER
Ford's share of new car sales rose by over five percentage points in November – the second significant increase in the blue oval's slice of the market in consecutive months. -
FORD SHARE INCREASES FOR SECOND STRAIGHT MONTH
Ford, Lincoln and Mercury outpaced industry-wide November sales, thanks largely to F-Series truck sales, and grew its retail and total market share for the second straight month. -
FORD MOTOR COMPANY ANNOUNCES IT WILL RE-EVALUATE STRATEGIC OPTIONS FOR VOLVO CAR CORPORATION
Ford Motor Company [NYSE: F] announced today it will re-evaluate strategic options for Volvo Car Corporation, including the possible sale of the Sweden-based premium automaker. -
FORD ANNOUNCES SENIOR MANAGEMENT CHANGES TO STRENGTHEN GLOBAL MANUFACTURING OPERATIONS
Ford Motor Company today announced senior management changes in Europe and North America designed to strengthen its Global Manufacturing operations and achieve better alignment with Ford’s other global functions.
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