FordSuperNewsTicker
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Ford Automotive Finance (China), Ford Motor Credit Company’s subsidiary in China, has completed its first asset-backed securitization (ABS) in China to support the financing of Ford-brand vehicle sales. Ford Automotive Finance (China) is the first wholly foreign-owned auto finance company to complete an ABS transaction – for 800 million renminbi – in China under the most recent ABS pilot program governed by the China Banking Regulatory Commission and the People’s Bank of China. View the full article
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Ford honored its top-performing suppliers from around the globe at its World Excellence Awards last week. Now in its 16th year, the World Excellence Awards were designed to recognize suppliers who exceed company expectations and distinguish themselves from their peers by achieving the highest levels of global excellence in quality, cost and delivery performance. View the full article
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For the second year in a row, Ford Motor Company Fund is sponsoring an Honor Flight to transport Cleveland-area veterans to the National World War II Memorial in Washington, D.C. The World War II Honor Flight veterans – all in their eighties and nineties – will be greeted at the national memorial by members of Congress and Ford employees. View the full article
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Ford’s Supplier Diversity Development (SDD) program aims to source at least 10 percent of its $50 billion U.S. purchasing budget with diverse production and nonproduction suppliers annually. And for the fourth consecutive year, the automaker exceeded that goal by purchasing $6.5 billion in goods and services from minority-owned suppliers, $1.8 billion in goods and services from women-owned businesses and $600 million in goods and services from veteran-owned companies. View the full article
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Ford, America’s truck leader, announces the all-new F-650/F-750 medium-duty truck lineup with 6.7-liter Power Stroke® V8 turbo diesel will feature three engine power ratings, including best-in-class standard diesel horsepower and torque, and no vocational limits on top ratings. View the full article
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Ford Motor Company is celebrating the 10-year anniversary of its groundbreaking Dearborn Truck Plant. As the centerpiece of Ford Rouge Center, Dearborn Truck Plant was conceived as Ford’s vision of sustainable manufacturing and has served as flagship for the company’s next generation of lean and flexible plants. View the full article
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For many fans of automotive design, the vintage Ford Mustang has long been considered a rolling work of art. Now, the iconic pony car has become a piece of fine art. As part of the 50 years of Mustang celebrations, U.K.-based artist Robin Bark has been licensed by Ford Motor Company to turn Mustang into a limited-edition collectible sculpture. View the full article
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To commemorate the 16th anniversary of the Ford Freedom Award program, Ford Motor Company, in partnership with the Charles H. Wright Museum of African American History, will posthumously honor Nelson Mandela, along with Myrlie Evers-Williams and retired U.S. Air Force Lt. Col. Alexander Jefferson. The program will take place Wednesday, May 21, at 7 p.m. at the Music Hall Center for the Performing Arts in Detroit. View the full article
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Ford Motor Company and its Warriors in Pink campaign kicks off its 20th year of support in the fight against breast cancer by issuing a strong call to action encouraging women to drive more conversations on breast health. Over the past 20 years, Warriors in Pink has observed how informed conversations can drive awareness and inspire women to be proactive about their breast health. View the full article
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Ford Motor Company announced today that its board of directors has approved a repurchase program for up to approximately 116 million shares of Ford common stock, which will offset share dilution and help improve shareholder returns. At today’s closing sale price of Ford common stock of $15.46, this is the equivalent of a $1.8 billion share repurchase program. View the full article