Hints and tips:
...This year has brought a measure of vindication, as companies ranging from Ford to Volkswagen to Mercedes-Benz have unequivocally committed their futures to electric vehicles....
...As investors in Dell’s parent company, holders of the new stock will face the full credit risk stemming from the debt mountain created by the EMC buyout....
...Offerings included multibillion dollar deals from Walt Disney, Ford Motor Credit, Citigroup, Santander UK and Barclays and represented the busiest day in nearly a month, since Visa sold $16bn of debt at...
...“We do expect faster growth, but it is not a sharp recovery or a ‘V’-shaped recovery....
...One for Private Eye but please bear with us as Citi goes on to discuss the fascinating and appropriately named Fuel (Ford Upgrade Exchange Linked) notes issued by Ford Motor Credit....
...The measure follows rising imports of cheap Chinese cars in a country whose automotive market is dominated by producers such as General Motors, Ford, Volkswagen and Fiat....
...Shares in Ford Motor continued to gain ground after news on Friday that it had overtaken General Motors as North America’s top-selling carmaker in March, while reporting a 19 per cent gain in US sales....
...Monthly car sales numbers showed that General Motors also expanded in the US in December with car sales rising by 7.5 per cent. Rival Ford put on 0.8 per cent to $17.38....
...Ford Motor’s attempts to satisfy the world with a single model have a chequered history....
...Jonathan Browning, the former General Motors stalwart appointed head of Volkswagen Group of America, is taking on one of the car industry’s most difficult jobs....
...According to Ford Motor, the industry on the continent still has about a third more capacity than it needs....
...card companies by developing a payment system using smartphones....
...Wells Fargo Dealer Services, GMAC, Ford Motor Credit, American Honda Finance, Bank of America, Nissan Infiniti Financial Services, Capital One Auto Finance and Fifth Third Bank, round out the top 10, the...
...Mr Morgan, a one-time potential candidate to be the next BHP chairman before it was secured this year by Jac Nasser, the former chief executive of Ford Motor, worked in Australia’s treasury department before...
...They also worked together on an abortive bid for Jaguar and Land Rover, when the UK-based carmakers were sold by Ford last year....
...Ford Motor Credit on Wednesday followed GMAC in confirming that it had signed up for the US Federal Reserve’s commercial paper funding programme for cash-strapped companies....
...Alan Mulally, Ford Motor’s chief executive, told the FT last month: “I do not think the industry will return to the peaks of the past.”...
...Lehman Commercial Paper Inc. committed $890 million of the $11.5 billion revolving credit line and Lehman Brothers Bank provides $238 million of $16.3 billion in “liquidity facilities” for Ford Motor Credit...
...The credit crunch is hurting the financing units of other carmakers, including Ford Motor and BMW, as deteriorating used-car values cause lease deals to unravel....
...General Motors and Ford leapt 20.8 per cent to $4.93 and 24.3 per cent to $3.38, respectively, on hopes of imminent aid. The benchmark S&P 500 index closed up 3.8 per cent at 909.70 points....
...Ford Motor was down 3 per cent at $1.96 in early trading. While Ford faces similar problems to GM, it has a bigger liquidity cushion....
...This week, Ford Motor reported a sharp drop in quarterly net income, blaming the weakening on higher provision for credit losses and higher depreciation expense for leased vehicles, among other factors....
...General Motors and Ford lost 12.8 per cent to $8.51 and 13.3 per cent to $4.17, respectively....
...Ford Motor is weighing up preliminary non-binding offers from Tata Motors and at least four private equity groups for Jaguar and Land Rover after Monday’s deadline....
...If investment-grade Tata wins the auction, the pension trustees could find themselves owned by a company with a better credit rating than junk-rated Ford....
International Edition