Toronto Mayor Rob Ford reportedly verified the existence of a video showing him smoking crack cocaine to aides in a May 17 meeting in his office. According to the Toronto Star, Ford even gave the exact address of the person he believed to be in possession of the video. In…
US auto giant Ford said Thursday it will invest $773 million to expand factories across its home state of Michigan, generating 2,350 new jobs, part of a plan to add 12,000 jobs by 2015. The investment will help save an additional 3,240 jobs, it said. “Even as we wrap up…
Ford said Monday it will create 1,200 new jobs next year at its Flat Rock, Michigan, plant where it plans to produce the 2013 Fusion sedan. The plant, jointly owned by Ford and Mazda but managed by Ford, produced the Mazda 6 up through last month, and currently produces Ford’s…
DETROIT — Ford Motor Co. said Tuesday it would kick up production by 50 percent by 2015, while quickly reducing debt to regain a quality credit rating within the next year. Chief financial officer Lewis Booth said he expected the still-recovering industry to produce 95-100 million vehicles by around 2015,…