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GM CEO Mary Barra total compensation rose to $23.7 million in 2020, double what rival Ford CEO made

General Motors Co. disclosed Friday that the total 2020 compensation for Chief Executive Mary Barra rose sli.....»»

Category: topSource: marketwatchApr 30th, 2021

This Is America’s Slowest-Selling Car

Some cars have so little demand that dealers are stuck with vehicles that sit on the lot for months......»»

Category: blogSource: 247wallstApr 15th, 2021

Chip shortage idles more Ford, GM plants

Thousands of workers will see their compensation shrink as the two giant automakers grapple with the pandemic-induced shortage in chips, which run a carload of functions in vehicles......»»

Category: topSource: bizjournalsApr 9th, 2021

What’s a ‘Term Premium,’ and Where Did Mine Go?

In olden days, like before the 2008 financial crisis, it was a given that Treasury investors would demand greater compensation for lending for longer periods. Those so-called term premia -- higher interest rates for long-term borrowers-- reflec.....»»

Category: topSource: washpostMar 25th, 2021

Ford Urges Texas Dealers To Lend Out Hybrid Trucks To Power Homes 

Ford Urges Texas Dealers To Lend Out Hybrid Trucks To Power Homes .....»»

Category: smallbizSource: nytFeb 19th, 2021

Ford COO says most U.S. dealers received PPP loans, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 14th, 2020

Most Ford U.S. dealers got federal payroll protection loans: COO

Most of Ford Motor Co's U.S. dealers received payroll protection loans from the U.S. government amid the coronavirus pandemic, the automaker's chief operating officer said on Thursday......»»

Category: topSource: reutersMay 14th, 2020

Ford expects $5 billion loss in current quarter as coronavirus hits demand

Ford Motor Co said on Tuesday its second-quarter loss would more than double to over $5 billion from $2 billion in the first quarter due to the impact of the coronavirus pandemic, but added it had enough money despite the crisis to last the rest of 2020......»»

Category: topSource: reutersApr 28th, 2020

Ford posts $2 billion first-quarter loss, sees even bigger loss in next quarter

Ford Motor Co. late Tuesday reported a wider-than-expected first-quarter loss and missed dimmer sales expectations as the coronavirus pandemic continued to snuff demand for big-ticket items and kept factories closed......»»

Category: topSource: marketwatchApr 28th, 2020

Ford reports $2 billion first-quarter loss

Ford Motor Co. on Tuesday reported a wider-than-expected first-quarter loss and missed dimmer sales expectations as the coronavirus pandemic continued to snuff demand for big-ticket items and kept factories closed......»»

Category: topSource: marketwatchApr 28th, 2020

OPEC forecasts oil demand will plunge to a 30-year low

"The oil market is currently undergoing historic shock that is abrupt, extreme and at global scale," OPEC wrote in the report......»»

Category: topSource: moneycentralApr 16th, 2020

Ford"s first-quarter China vehicle sales down 35% as coronavirus hits demand

Ford Motor Co said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 units, as the novel coronavirus epidemic hit demand in the world's biggest auto market......»»

Category: topSource: reutersApr 16th, 2020

Ford slumps 6% after saying virus will weigh on 1st quarter sales

Ford said first-quarter vehicle wholesales were down 21% on the year, "largely as a result of lower production and demand related to the coronavirus.".....»»

Category: topSource: moneycentralApr 13th, 2020

Ford is first auto maker to warn of lower sales, but unlikely to be last

Investors brace for possible warnings from GM, Tesla, other auto makers as coronavirus snuffs out demand for vehicles......»»

Category: topSource: marketwatchApr 13th, 2020

Ford expects $600 million first-quarter loss due to coronavirus

Ford Motor Co said on Monday it expects to post a pre-tax loss of about $600 million for the first quarter as the coronavirus pandemic pummeled its operations, resulting in a 21% drop in vehicle sales to dealers versus the same quarter in 2019......»»

Category: topSource: reutersApr 13th, 2020

Ford expects coronavirus to cause $600 million quarterly loss

Ford Motor Co said on Monday it expects to post a pretax loss of about $600 million for the first quarter as the coronavirus outbreak pummeled its operations, resulting in a 21% drop in vehicle sales to dealers versus the same quarter in 2019......»»

Category: topSource: reutersApr 13th, 2020

Ford CEO Hackett"s salary fell to $17.4 million in 2019

Ford Motor Co said on Friday Chief Executive Officer Jim Hackett's total compensation fell to $17.4 million in 2019 from $17.8 million in 2018......»»

Category: topSource: reutersApr 3rd, 2020

Coronavirus drags US Ford sales down 12.5% in first quarter

Ford Motor Corp on Thursday posted a 12.5% fall in U.S. auto sales for the first quarter, as production halts and social distancing in the face of the coronavirus pandemic stalled demand......»»

Category: topSource: foxnewsApr 2nd, 2020

#WFH Chronicles STL: St. Louis furniture dealers see new demand for at-home products; share their best home office tips

As St. Louisans adjust to working from home, furniture dealers are adjusting with them. Here's what they suggest for your home office......»»

Category: topSource: bizjournalsMar 27th, 2020

Ford won"t restart N. American factories at end of March

"Ford's top priority is the health and safety of our employees, dealers, customers, suppliers and other stakeholders," the company said......»»

Category: topSource: moneycentralMar 24th, 2020