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Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company’s stunning turnaround, which resulted in the automaker raking in $6.6 billion last year — its best performance in more than a decade.

Continue reading Ford Awards Top Two Execs $99 Million in Stock for Turnaround

Ford Awards Top Two Execs $99 Million in Stock for Turnaround originally appeared on DailyFinance on Tue, 08 Mar 2011 15:18:00.

Filed Under: Company News, Economy, Ford Motor Co, Autos

Ford reported Tuesday that its sales in February rose 14% compared to a year ago, in part due to strong sales of the revamped Ford Explorer sports-utility vehicle, the Fusion midsized sedan and the Ford Escape compact SUV. Total sales for the month hit 156,626.

Continue reading Ford’s February Sales Climb 14% on Explorers, Fuel-Efficient Models

Ford’s February Sales Climb 14% on Explorers, Fuel-Efficient Models originally appeared on DailyFinance on Tue, 01 Mar 2011 13:05:00.

Filed Under: Company News, Economy, Ford Motor Co, Autos, Retail

Major automakers are set to release February sales figures on Tuesday, and analysts expect the reports will show sales improved 20% compared to a year ago. Consumers continued to warm to the slowly improving economy — so far, despite surging oil prices.

Continue reading February Auto Sales Likely Kept Zipping Along

February Auto Sales Likely Kept Zipping Along originally appeared on DailyFinance on Mon, 28 Feb 2011 14:30:00.

Filed Under: Company News, Economy, Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos, Retail, Chrysler

Ford Motor said sales of its cars and trucks rose 13.3% in January on improved demand by consumers, bucking last year’s trend, when sales to fleet customers largely drove the increase. For the month, the automaker sold 127,317 units, up 13.3% compared to a year ago.

Continue reading Ford Posts 13% Sales Gain in January

Ford Posts 13% Sales Gain in January originally appeared on DailyFinance on Tue, 01 Feb 2011 13:05:00.

Filed Under: Company News, Economy, Ford Motor Co, Autos, Retail

A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a positive trajectory as 2011 starts.

Continue reading January Auto Sales Should Build on 2010′s Momentum

January Auto Sales Should Build on 2010′s Momentum originally appeared on DailyFinance on Mon, 31 Jan 2011 11:00:00.

Filed Under: Company News, Economy, Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos, Retail, Chrysler