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Ford Motor Co. is reportedly nearing a deal with the United Auto Workers on labor-contract revisions aimed at bringing Ford's costs in line with those of crosstown rivals General Motors Co. and Chrysler Group LLC.UAW local officials have been summoned by leadership to Detroit on Tuesday for an update on...
Posted on October 9, 2009 5:00 PM
Ford Motor Co. doesn't want to join the ranks of General Motors Corp. and Chrysler LLC in asking for federal bailout money. As the economic drag keeps would-be car buyers at bay, Ford reported it lost $5.9 billion in the last quarter and says it will tap credit lines to...
Posted on January 29, 2009 9:46 AM
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