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
01/27/201513:29:57AM General to Build Mercedes-Benz SUVs in Indiana
01/26/201515:28:08Dana Holding Sells Venezuelan Operations
01/23/201513:51:09Ford to Take $800 Million Pretax Charge on Venezuela Operations...
01/23/201513:15:10Ford to Take $800 Million Pretax Charge on Venezuela Operations
01/20/201523:20:27Volvo Tasks Key Executive to Revive U.S. Fortunes
01/20/201511:18:54Takata Corp. Adds Six Experts to Review Panel
01/16/201508:30:05Ford to Raise Production at Two German Plants
01/16/201508:11:23Ford to Raise Production at Two German Assembly Plants
01/16/201502:40:07European Car Sales Turn Positive
01/16/201502:29:44European Car Sales Turn Positive in 2014 After Six-Year Slump
01/14/201516:55:11Toronto Stocks Close Lower; Copper Stocks Tumble
01/13/201514:02:52Ssangyong Launches First New Vehicle Since Mahindra Acquisition
01/11/201518:39:10Big Vehicles Put U.S. Auto Makers Back in Driver's Seat
01/08/201509:42:30Ford Boosts Quarterly Dividend by 20%
01/07/201518:32:39Obama to Preview Economic Proposals Ahead of State of the Union--Update
01/07/201513:00:01Ford Names Mark LaNeve Head of U.S. Marketing and Sales
01/07/201512:41:54Obama to Preview Economic Proposals Ahead of State of the Union
01/07/201506:02:14UK Car Registrations in 2014 +9.3%; Highest Since 2004-SMMT--Update
01/07/201505:05:33UK Car Registrations in 2014 +9.3%; Highest Since 2004
01/06/201519:11:38Ford Chief Says Mass-Market Autonomous Vehicle Is Priority

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad