Ford Motor

Ford Shares Drop With Profit Concerns

Ford Shares Drop With Profit Concerns

Although Ford Motor Co. is expecting a return aimed at profitability yet in a meeting on Monday the executives told investors that the company was expecting a 2015 pre-tax loss of about $250 million in Europe.

Ford said that the company expects Europe pre-tax operating margins to be between three percent and five percent by the year 2020.

Henry Ford’s last surviving grandchild, William Clay Ford, passes away

Henry Ford’s last surviving grandchild, William Clay Ford, passes away

Bigwig automaker Ford Motor Co. released an official statement on Sunday to announce the death of William Clay Ford - a longtime employee and director of the company. Ford, 88, was the last surviving grandchild of auto-industry pioneer Henry Ford.

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