Edition:
India

Ford Motor Co (F.N)

F.N on New York Stock Exchange

10.56USD
20 Jul 2018
Change (% chg)

$-0.26 (-2.40%)
Prev Close
$10.82
Open
$10.61
Day's High
$10.64
Day's Low
$10.51
Volume
13,092,916
Avg. Vol
11,539,008
52-wk High
$13.48
52-wk Low
$10.14

Latest Key Developments (Source: Significant Developments)

Wuhan DDMC Culture And Unit Sign Cooperation Agreement With Fortis Sports
Friday, 6 Jul 2018 

July 6 (Reuters) - Wuhan DDMC Culture Co Ltd <600136.SS>::SAYS IT AND UNIT SIGN COOPERATION AGREEMENT WITH FORTIS SPORTS AG.SAYS FORTIS SPORTS WILL OWN 30 PERCENT STAKE IN DDMC'S UNIT AFTER BUYING THE UNIT'S NEWLY ISSUED SHARES.  Full Article

Ballard Acquires Fuel Cell Assets From AFCC To Support Planned Growth
Wednesday, 4 Jul 2018 

July 3 (Reuters) - Ballard Power Systems Inc (Pre-Reincorporation) ::BALLARD ACQUIRES FUEL CELL ASSETS FROM AFCC TO SUPPORT PLANNED GROWTH.BALLARD POWER SYSTEMS - ACQUIRED CERTAIN STRATEGIC ASSETS OF AUTOMOTIVE FUEL CELL COOPERATION CORP, A PRIVATE CO OWNED BY DAIMLER AND FORD MOTOR.BALLARD POWER SYSTEMS - DAIMLER AND FORD HAVE IN-HOUSED AND RELOCATED THEIR FUEL CELL STACK DEVELOPMENT ACTIVITIES TO GERMANY AND U.S., RESPECTIVELY.  Full Article

Ford Motor Co Says June U.S. Sales Totaled 230,635 Vehicles, Up 1.2 Percent
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Ford Motor Co ::FORD MOTOR CO SAYS JUNE U.S. SALES TOTALED 230,635 VEHICLES, UP 1.2 PERCENT.  Full Article

Volkswagen, Ford To Explore Strategic Alliance
Wednesday, 20 Jun 2018 

June 19 (Reuters) - Ford Motor Co ::VOLKSWAGEN AG, FORD TO EXPLORE STRATEGIC ALLIANCE TO EXTEND CAPABILITIES, STRENGTHEN COMPETITIVENESS, BETTER SERVE CUSTOMERS.FORD MOTOR CO - COS ARE INVESTIGATING SEVERAL JOINT PROJECTS.FORD MOTOR CO - JOINT PROJECTS INCLUDE JOINT DEVELOPMENT OF A RANGE OF COMMERCIAL VEHICLES.FORD MOTOR CO - VW & FORD SAID ANY STRATEGIC ALLIANCE WOULD NOT INVOLVE EQUITY ARRANGEMENTS, INCLUDING CROSS OWNERSHIP STAKES.  Full Article

Ford Motor's U.S. Sales For May Increases 0.7 Percent to 242,824 Vehicles
Friday, 1 Jun 2018 

June 1 (Reuters) - Ford Motor Co ::U.S. SALES FOR MAY TOTALED 242,824 VEHICLES , A 0.7 PERCENT INCREASE.  Full Article

Ford Restarting F-150, Super Duty Production Ahead Of Schedule After Fire At Magnesium Parts Supplier
Thursday, 17 May 2018 

May 16 (Reuters) - Ford Motor Co ::FORD RESTARTING F-150, SUPER DUTY PRODUCTION AHEAD OF SCHEDULE AFTER FIRE AT MAGNESIUM PARTS SUPPLIER.REAFFIRMS 2018 ADJUSTED EPS GUIDANCE RANGE OF $1.45 TO $1.70.FORD IS RESUMING PRODUCTION OF F-150 PICKUP AT DEARBORN TRUCK PLANT ON FRIDAY.EXPECTS ADVERSE IMPACT OF $0.12 TO $0.14 PER SHARE IN Q2 DUE TO LOST PRODUCTION.MERIDIAN IS PRODUCING TRUCK PARTS AGAIN AT ITS EATON RAPIDS FACILITY.FORD EXPEDITION, EXPLORER, FLEX AND LINCOLN NAVIGATOR AND MARKET PRODUCTION CONTINUE UNINTERRUPTED."INVENTORIES OF FORD'S BEST-SELLING F-SERIES PICKUPS AND OTHER VEHICLES REMAIN STRONG".PARTS PRODUCED AT NOTTINGHAM ARE BEING SHIPPED VIA DAILY FLIGHTS UNTIL PRODUCTION IN EATON RAPIDS RETURNS TO PRE-FIRE LEVELS.SUCCESSFULLY REPAIRED SUPPLY CHAIN FOR SUPER DUTY, WITH PRODUCTION TARGETED TO RESTART BY MONDAY AT KENTUCKY TRUCK PLANT & KANSAS CITY ASSEMBLY PLANT.FY2018 EARNINGS PER SHARE VIEW $1.55 -- THOMSON REUTERS I/B/E/S.  Full Article

Ford Motor - On May 10, Shareholders Approved 2018 Long-Term Incentive Plan
Wednesday, 16 May 2018 

May 15 (Reuters) - Ford Motor Co ::FORD MOTOR CO - ON MAY 10, 2018, THE SHAREHOLDERS OF THE COMPANY APPROVED THE FORD MOTOR COMPANY 2018 LONG-TERM INCENTIVE PLAN.FORD MOTOR CO - PROPOSAL RELATING TO CONSIDERATION OF RECAPITALIZATION PLAN TO PROVIDE THAT ALL OUTSTANDING STOCK HAVE ONE VOTE PER SHARE WAS REJECTED.FORD MOTOR CO - A PROPOSAL RELATING TO DISCLOSURE OF THE COMPANY’S LOBBYING ACTIVITIES AND EXPENDITURES WAS REJECTED.FORD MOTOR CO - A PROPOSAL RELATING TO A REPORT ON CAFE STANDARDS WAS REJECTED.FORD MOTOR CO - A PROPOSAL RELATING TO DISCLOSURE OF CO'S POLITICAL ACTIVITIES AND EXPENDITURES WAS REJECTED.  Full Article

Ford Takes Steps To Ensure Supply Continuity And Availability Of Products For Customers Despite Fire At Parts Supplier
Thursday, 10 May 2018 

May 9 (Reuters) - Ford Motor Co ::FORD TAKES STEPS TO ENSURE SUPPLY CONTINUITY AND AVAILABILITY OF PRODUCTS FOR CUSTOMERS DESPITE FIRE AT PARTS SUPPLIER.FORD SAYS F-150 PRODUCTION IS SUSPENDED AT KANSAS CITY ASSEMBLY PLANT - SEC FILING.  Full Article

Ford Motor Enters Fourteenth Amendment To Credit Agreement Dated Dec 15, 2006
Friday, 27 Apr 2018 

April 26 (Reuters) - Ford Motor Co ::SAYS LENDERS MAINTAINED TOTAL REVOLVING COMMITMENTS OF $13.4 BILLION UNDER FOURTEENTH AMENDMENT TO CREDIT AGREEMENT DATED AS OF DEC 15, 2006.SAYS AS A RESULT OF FOURTEENTH AMENDMENT, LENDERS HAVE MAINTAINED TOTAL REVOLVING COMMITMENTS OF $13.4 BILLION - SEC FILING.SAYS AS A RESULT OF AMENDMENT, MATURITY DATES OF 75% OF COMMITMENTS HAVE BEEN EXTENDED BY ONE YEAR TO APRIL 30, 2023.SAYS AS A RESULT OF FOURTEENTH AMENDMENT, MATURITY DATES FOR 25% OF COMMITMENTS HAVE BEEN EXTENDED TO APRIL 30, 2021.SAYS ALLOCATION OF $3 BILLION OF COMMITMENTS TO FORD CREDIT ON AN IRREVOCABLE AND EXCLUSIVE BASIS REMAINS IN PLACE.  Full Article

ACCC Says Court Orders Ford To Pay $10 Mln Penalty For Unconscionable Conduct
Thursday, 26 Apr 2018 

April 26 (Reuters) - Australian Competition and Consumer Commission::OURT ORDERS FORD TO PAY $10 MILLION PENALTY FOR UNCONSCIONABLE CONDUCT.  Full Article

Photo

Ford agrees to $299.1 million U.S. Takata air bag settlement

WASHINGTON Ford Motor Co agreed to a so-called economic loss settlement of $299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show.