Inside these posts: Ford

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Ford CEO Mulally gets $56.5M in stock award

Ford Motor Co. has rewarded CEO Alan Mulally with stock worth $56.5 million before taxes.

Fuel leak risk, electrical issue prompt Ford recall

Ford recalled more than 34,000 vehicles worldwide spanning eight vehicle models due to the risk of a fuel leak or electrical issues.

The automaker is recalling 25,000 Ford Ranger trucks, including 23,688 in the United States, because the protective layer of an engine fuel line near the throttle body shield may not be properly installed. Eventually, this could lead to a fuel leak, Ford said in a notice posted on the National Highway Traffic Safety Administration website Wednesday. Get the full story »

Ford marketing chief outlines social media strategy

Touting the auto as the ultimate mobile device, Ford marketing chief Jim Farley outlined the automaker’s social media strategy to open the media preview of the 2011 Chicago auto show Wednesday.

“Social media events such as the Explorer’s Go Do Adventure will let millions of people spend time with our cars,” he said.

“With 500 million people on Facebook, we can reach more potential customers in a more personal way,” Farley said of the company’s move to new media. Its latest efforts are centered on the Ford Focus and the Chicago-built Ford Explorer that arrive at dealerships next month. Get the full story »

Obama official encouraged by auto recovery

An Obama administration official who oversaw the restructuring of the auto industry says he’s encouraged that U.S. automakers are returning to profitability despite tough economic conditions. Get the full story »

Mercedes, Lexus dealers tops with secret shoppers

A host of mystery shoppers sent to critique dealerships across the country gave luxury brands such as Mercedes-Benz and Lexus high marks and put Ford and Lincoln above the industry average.

The study of dealerships, released Monday, also found that fewer salespeople offer vehicle brochures that customers can take home. Only 57 percent of dealerships offer brochures, compared with 62 percent in 2007. Get the full story »

Ford to repay $4 billion more in debt

Ford Motor Co., the only Detroit  automaker to avoid bankruptcy protection, said Wednesday it will reduce its huge debt by another $4 billion as it continues to show signs of financial strength. The Dearborn, Mich., automaker will pay $3.8 billion in cash to a United Auto Workers trust fund that pays retiree health care bills, and it will pay out $255 million in dividends on preferred securities that had been deferred as the automaker worked its way through financial troubles.

Ford recalls 2010 Ranger for cold-weather defect

From | Ford has issued a recall for 2,934 Ranger vehicles from the 2010 model year, according to the National Highway Traffic Safety Administration.

Get the full story: Ford recalls 2010 Ranger for cold-weather defect.