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Ford Canada adding 1,000 new jobs at its Oakville facility

2014-10-01 13:28:04| Auto Parts - Topix.net

Ford Motor Co. of Canada says it is adding 1,000 jobs at its plant in Oakville, Ont.

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Ford says 2014 profit could be $2 billion lower than estimated

2014-10-01 07:03:06| Automakers - Topix.net

Ford Motor Co. said yesterday that its 2014 profit could be as much as $2 billion lower than earlier estimates.

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Texas stepping up air quality monitoring in Eagle Ford Shale

2014-09-30 21:53:57| Waste Management - Topix.net

A rig worker is drilling a well that is targeting the Eagle Ford Shale. Texas Commission on Environmental Quality officials are stepping up monitoring efforts for air pollution over the shale.

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Shareholders balk as Ford hedges profit outlook

2014-09-30 08:04:43| Automakers - Topix.net

Higher recall costs in North America and steeper losses in Russia and South America have caused Ford Motor Co to slash its forecast for pretax profit this year to $6 billion, from $7 billion to $8 billion previously, executives told investors at a briefing on Monday. Chief Financial Officer Bob Shanks said record profits in North America aren't enough to offset trouble in South America, where Ford expects to lose $1 billion this year, and Russia, where falling sales and the rapid deterioration of the ruble took the company by surprise.

Tags: profit ford outlook shareholders

 

Ford Motor Recalls Vehicles After Detecting Air Bag Issues

2014-09-29 03:53:56| Automakers - Topix.net

Ford Motor declared the recall of 850,000 vehicles in North America, Canada, and Mexico. Recalling is becoming a grave problem for the Detroit automakers.

Tags: issues air motor ford

 

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