Alan Mulally posts
FeedPosted Apr 12th 2010 3:30PM by Brian White (RSS feed)
Filed under: Competitive Strategy, Ford Motor (F)
U.S. automaker Ford (F) will be investing $200 million in Brazil. The details: it will use its facilities in that South American country to develop and build a small, eco-friendly SUV for sale in many global markets. The model: the Ford EcoSport (should be interesting, right?).
This adds to Ford's existing investment and more that the automaker plans, which bring Ford's total investment in Brazil to $2.4 billion in the 2011-2015 time frame. Right now, the EcoSport is a best seller in Brazil and if recent times are any indication, the model would be a hit in the U.S. and in other countries.
Continue reading Ford Pours $200 Million into Brazilian Facilities
Posted Mar 3rd 2010 12:20PM by Brian White (RSS feed)
Filed under: Good news, Ford Motor (F)
Ford Motor (F) is currently riding a wave of positivity. The lone automaker not to be bailed out by the U.S. government in 2009 said Tuesday that February vehicle sales soared 43% over the prior February, with the automaker also picking up 3% more market share in the U.S. (bringing its total to 17%). With the near-collapse of GM and Chrysler, and with Toyota's (TM) current product malfunction and recall nightmare, Ford is poised to continue winning more and more sales.
Is Ford the next Toyota? Could be -- it's making all the right moves, is winning product accolades and is making the best cars it has in decades. Not only did Ford sales rise 43% from the same 2009 period, they were up 22% over the January period, the exact same time as Toyota's carpet started slipping out from under its own feet. For February, Ford surpassed GM in U.S. sales (possibly short-lived; possibly not). The total was not large, but it happened.
Continue reading Ford Sales Rise 43% in February; U.S. Market Share Up to 17%
Posted Dec 11th 2009 9:00AM by Jim Cramer (RSS feed)
Filed under: Ford Motor (F), Market Matters, Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says if only it could get to investment-grade because then it would see its financing costs drop.
How big a stock can Ford (
F) (
Cramer's Take) be? Here's an odd one: It can be as big as the stock will let it be.
So much of this company's future is tied up in its stock appreciation because that will give its fantastic CEO, Alan Mulally, the flexibility to pay off the unions, pay down debt and get its credit rating to where its Ford Motor Credit business will make fortunes for the company.
Ford's performing fabulously, profitable in every market it sells in after having streamlined down to just a few big brands that can be supported both through advertising and through production at far lower costs than just about any other auto manufacturer, if not every auto manufacturer.
Continue reading Cramer on BloggingStocks: It is Ford's time
Posted Sep 23rd 2009 11:40AM by Elizabeth Harrow (RSS feed)
Filed under: International Markets, Forecasts, Management, Ford Motor (F), India, Options
Alan Mulally, president and CEO of Ford Motor Co. (NYSE: F), said Wednesday that he expects U.S. auto sales to rise during the next two years. Vehicle sales in 2009 are expected to range between 10.5 million and 11 million units, and Mulally predicts that number will increase to 12.5 million in 2010 and 14.5 million in 2011.
"It has started to pick up right now because we have had the stimulus packages," said Mulally, speaking before reporters in India. "So, it will be up a little now, then will go down. But overall in the long term, the sales will grow with the GDP number." The CEO added that Ford expects to be profitable by 2011.
Continue reading Ford Motor forecasts rebound in U.S. auto sales
Posted Feb 3rd 2009 6:00PM by Brian White (RSS feed)
Filed under: Ford Motor (F)
Ford Motor (NYSE:
F) recently indicated that it doesn't anticipate needing federal bailout money. The automaker is in the same heap of trouble as its competitors, but has handled costs and other infrastructure items better with CEO Alan Mulally at the wheel in recent years.
But everything may come to a pass later this year, according to Barclays' analyst Brian Johnson. Johnson indicated that even Ford will need to tap the federal spigot at some point. That is, unless a miraculous revival in new auto sales happens...starting yesterday. Johnson even cut his price on Ford shares to $1 from the previous $4 mark. That's bed sentiment I think -- right?
Continue reading Ford (F) may need bailout money after all, says Barclays
Posted Jan 28th 2009 4:45PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Ford Motor (F)
Ford Motor Co. (NYSE: F) is scheduled to release fourth-quarter and full-year 2008 results tomorrow morning, January 29, before the market opens. Alan Mulally, president and chief executive officer, and Lewis Booth, executive vice president and chief financial officer, will discuss the results and company outlook in a conference call at 9:00 AM ET. You can catch the live webcast of the call at the company's website.
For the quarter that saw a new CFO for Ford and visits to Congress to discuss a possible bailout, analysts surveyed by Thomson Reuters expect Ford to report that its net loss deepened to $1.19 per share, from $0.20 a year ago. Revenue for the quarter is expected to total $26.3 billion, which is 42.3% lower than a year ago. Ford's losses were deeper than expected in the past two quarters, which followed a surprise profit in the first quarter of 2008.
Continue reading Deeper Q4 and year-end losses expected from Ford
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