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
04/29/201617:31:51Current Report Filing (8-k)
04/29/201608:00:00Ford Expands First-Ever Factory-Installed Strobe Warning LED...
04/29/201606:00:00On the Latest BizWireTV Job Creation in Michigan and Ohio along...
04/29/201603:03:00Ford Profit Doubles as New Models Soar -- WSJ
04/29/201600:01:00All-New Continental Greets Customers with Warm and Inviting Welcome
04/29/201600:01:00Hold on to Your Cup! These Customer Findings Drove the Refreshed...
04/28/201621:00:00French Tells Eight Car Makers to Cut Emissions
04/28/201609:07:00Ford Posts Record Results as Truck Revamp Pays Off-Update
04/28/201608:00:00Ford Posts Record Results
04/28/201607:51:00Ford Posts Record Results
04/28/201607:34:56Current Report Filing (8-k)
04/28/201607:00:00Ford Delivers Best Quarter Ever with First Quarter Pre-Tax Profit...
04/26/201612:21:00SUBSCRIBERS: Ford Motor To Move Production Of Trucks Already...
04/26/201611:30:00Ford Invests $1.6 Billion in U.S. Plants, Creates 650 Hourly...
04/26/201609:30:00Fiat Chrysler's Profit Jumps
04/26/201609:00:00Media Advisory: Details of Ford Motor Company’s April 2016 U...
04/26/201603:04:00In China, Western Auto Makers Temper Ambitions -- WSJ
04/22/201609:06:00Ford Recalls 42,300 Cars in India to Fix Software
04/22/201600:01:00Ford Recycles Enough Aluminum to Build 30,000 F-150 Bodies Every...
04/22/201600:01:00Fearless, Ferocious and Fun: Ford Introduces F-150 Raptor SuperCrew...

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