ADVFN - Advanced Financial Network.
HOME» NYSE » F » F Stock Price » F Stock News

Ford Motor Share News

 Ford Motor Company Stock Price
F Stock Price
 Ford Motor Company Stock Chart
F Stock Chart
 Ford Motor Company Stock News
F Stock News
 Ford Motor Company Company Information
F Company Information
 Ford Motor Company Stock Trades
F Stock Trades

Ford Motor to Close Philippine Car Assembly Plant By End 2012

By Cris Larano MANILA--The Philippine unit of Ford Motor Co. (F) said Wednesday that its assembly plant in Santa Rosa, a city just south of Manila, will be shut down by the end of 2012 as part of the U.S. car company's restructuring of regional manufacturing operations. "The company studied every possible scenario and opportunity, but we could not make a strong enough business case for future manufacturing," Randy Krieger, Ford Group Philippines' president, told a news conference. Ford returned to the Philippines in 1998 after closing its operations in the 1980s. It has invested around $270 million in the Santa Rosa plant, which now employs 360 people and can produce 36,000 cars annually. The last Ford Escape will roll out of the plant later this year, bringing to a close the only volume export of vehicles from the Philippines. It started to ship completely built-up units in September 2002 and has since exported more than 80,000 vehicles worth over $1 billion to markets such as Thailand, Indonesia and Malaysia. Ford vehicles will continue to be available in the Philippines, albeit imported from other facilities in Asia. The company plans to double the size of its current dealership network by 2015. Write to Cris Larano at cris.larano@dowjones.com

Stock News for Ford Motor (F)
DateTimeHeadline
09/22/201616:29:00Canadian Auto Union to Negotiate Labor Pact With Fiat Chrysler...
09/22/201616:00:00Canadian Auto Union to Negotiate Labor Pact With Fiat Chrysler
09/22/201615:47:00Canadian Auto Union to Negotiate Labor Pact With Fiat Chrysler
09/20/201603:03:00Uber Plans to Open Facility in Detroit Area -- WSJ
09/20/201600:01:00Ford Employees on Pace to Set Record for Inventions in 2016
09/20/201600:01:00Ford Encourages Students to Explore STEAM Fields, Providing Inspiration...
09/20/201600:01:00Next Lincoln Experience Center in Dallas Offers Relaxed Way to...
09/19/201612:20:00Uber to Open Facility in Detroit Area
09/19/201612:15:00Uber to Open Facility in Detroit Area
09/19/201612:05:00Ford’s Big Trucks Hauling in Big Sales: New 2016 F-650 and F...
09/16/201616:30:00Canadian Union to Strike GM If Contract Deadline Missed
09/15/201623:17:00Michigan Denies Tesla Request to Open Dealership
09/15/201618:30:00Michigan Denies Tesla Request to Open Dealership
09/15/201618:24:00Michigan Denies Tesla Request to Open Dealership
09/15/201617:23:00Ford, U-M Accelerate Autonomous Vehicle Research with Ford Researchers...
09/15/201615:10:00Johnson Controls Auto Parts Business Expects Higher Profit After...
09/15/201610:00:00Ford Issues New Mobility Challenge to Unlock Innovation, Boost...
09/15/201603:03:00Ford Says Tech-Bet Payoff to Take Time -- WSJ
09/14/201616:47:17Current Report Filing (8-k)
09/14/201611:22:00Ford Rolls Out Business Services Unit, Plans Autonomous-Car Services--2nd...

Ford Motor and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad