Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Ford Motor Company    F

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Ford: 1,700 workers take early retirement offer

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/16/2012 | 10:14pm CEST

About 1,700 Ford Motor Co's (>> Ford Motor Company) workers accepted early retirement offers and most of them will leave the No. 2 U.S. automaker by June 1.

About 1,700 Ford Motor Co's (>> Ford Motor Company) workers accepted early retirement offers and most of them will leave the No. 2 U.S. automaker by June 1.

The buyouts were offered as part of the Ford's contract talks with the United Auto Workers last fall. Ford employs 41,000 UAW-represented workers.

Ford offered $50,000 to eligible production workers who retired by March 31, 2012. The company also offered a $100,000 bonus for skilled trade workers who retired by that date.

Ford spokeswoman Marcey Evans said Ford expects the "majority" of employees who agreed to the buyout to leave by June 1. Others who opted to take the buyout earlier this year have already started to leave.

By reducing the number of older workers on their payroll, Ford, General Motors Co (>> General Motors Company) and Chrysler Group LLC (>> Fiat SpA) is creating room to hire new workers at lower wages.

(Reporting By Deepa Seetharaman; Editing by Richard Chang)

Stocks treated in this article : Ford Motor Company, Fiat SpA, General Motors Company
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FORD MOTOR COMPANY
04/24 FORD MOTOR : expands safety recall to Fiesta ST
04/24FORD MOTOR COMPANY : quaterly earnings release
04/24 PERFECTLY HITCHED : Ford f-series trucks to tow 'henry' and 'clara' on petite re..
04/24 FORD MOTOR : Executive chairman bill returns to family's ancestral home town to ..
04/24 FORD MOTOR : Fund focuses on steam, invests in non-profits advancing career oppo..
04/24 FORD MOTOR : New university of michigan robotics building to be named after ford..
04/24 FORD MOTOR : F-150 Earns Top Green Vehicle Award for Pickups in 2017 AAA Green C..
04/24 FORD MOTOR : Ringwood residents want review of new testing on toxics
04/22 FORD MOTOR : Foundation gives $10 million to Henry estate
04/21 ONE CHIP AT A TIME : How One Engineer's Innovation Has Ford Now Recycling 20 Mil..
More news
Sector news : Auto & Truck Manufacturers - NEC
04/24DJGENERAL MOTORS : GM Loses Legal Bid to Limit Fallout From Ignition Switch Cases ..
04/24DJGENERAL MOTORS : GM Loses Legal Bid to Limit Fallout From Ignition Switch Cases ..
04/24 French prosecutors open Peugeot diesel-cheating probe
04/24 GENERAL MOTORS : fires 2,700 in Venezuela after plant closure - workers
04/24DJGENERAL MOTORS : GM Loses Legal Bid to Limit Fallout From Ignition Switch Cases ..
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
04/24 This Earnings Season Stinks - Or Does It?
04/24 THE NEW U.S. CAR SALES KING : Nissan Rogue
04/24 Ford And GM
04/24 Automobile stocks rev higher after Europe fears ease
04/24 Using Multiple Value Metrics Simultaneously To Beat The Market Over Time - In..
Advertisement
Financials ($)
Sales 2017 140 990 M
EBIT 2017 6 248 M
Net income 2017 6 491 M
Finance 2017 10 481 M
Yield 2017 6,32%
P/E ratio 2017 6,95
P/E ratio 2018 6,63
EV / Sales 2017 0,25x
EV / Sales 2018 0,32x
Capitalization 45 155 M
More Financials
Chart FORD MOTOR COMPANY
Duration : Period :
Ford Motor Company Technical Analysis Chart | F | US3453708600 | 4-Traders
Full-screen chart
Technical analysis trends FORD MOTOR COMPANY
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 13,1 $
Spread / Average Target 16%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Mark Fields President, Chief Executive Officer & Director
William Clay Ford Executive Chairman
Robert L. Shanks Chief Financial Officer & Executive Vice President
Raj Nair Chief Technical Officer & EVP-Product Development
Marcy Klevorn Chief Information Officer & Group Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FORD MOTOR COMPANY-6.51%45 155
TOYOTA MOTOR CORP-14.40%175 058
VOLKSWAGEN AG4.99%76 374
DAIMLER AG-6.43%75 921
BAYERISCHE MOTOREN WER..-4.30%59 136
HONDA MOTOR CO LTD-7.18%51 703
More Results