Jac Nasser's dynamic 30-month burst at the head of Ford Motor Company has been brought to a halt by non-executive chairman William Clay Ford junior and the board of directors.
Peter Head is enjoying business life much more again now Warranty Holdings is part of Ford Motor Company. Ford remains something of a family firm (chairman Bill is Henry's great grandson) and this is a major improvement over his company's previous period of ownership.
Ford Motor Company today announced the purchase of Warranty Holdings Group from Oman National Holding Company, a Middle East investment company.
Ford Motor Company has suffered a 41% fall in first-quarter earnings to $1.13 billion, down from $1.93 billion.
Ford Motor Company has today confirmed that it will not be exhibiting at the London Motor Show in October.
Ford Motor Company was this week believed to have acquired WH Group, Europe's largest supplier of mechanical breakdown insurance warranties.
Ford Motor Company chairman William Clay Ford jnr has said the company might be operated differently if Jac Nasser retired.
Pinewood Computer Solutions has become the official supplier of dealer management systems to the Ford Motor Company.
General Motors, the Ford Motor Company and DaimlerChrysler have announced they are to unite to form an internet portal serving the $550 billion global parts and servicing market.
Ford Motor Company and PSA Peugeot Citroen announced at the Paris motor show that they would co-operate in automotive telematics in Europe. Other carmakers are being asked to decide whether they would like to join the co-operation.
Components and parts maker Visteon, which separated from parent Ford Motor Company on June 29, is targeting growth in the original equipment and aftermarket sectors.
Ford Motor Company is separating its Visteon Automotive Systems parts unit by distributing shares to shareholders.
