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Tagged: Ford

Pages

Politics & Government
7:04 pm
Tue December 18, 2012

Ford promises $10 million investment in southwest Detroit

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Ford is investing $10 million to boost community programs in southwest Detroit.

The centerpiece of what the company calls “Operation Brighter Future” is the planned Ford Resource and Engagement Center, at the Mexicantown Mercado.

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Auto
5:07 pm
Wed October 24, 2012

Ford, GM move to stem losses in Europe

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Both Ford and General Motors announced steps this week to reduce their losses in Europe.

The region is experiencing a disabling recession that's expected to last at least through 2015.

Car sales are abysmal in Europe, down more than 30-percent from normal demand.

Ford says it may lose a total of one billion dollars in the region for the entire year.

General Motors' losses might be more than that.

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