Ford Motor Archives - CFO

Ford to Repurchase $5B in High-Yield Bonds

Credit & Capital

Ford to Repurchase $5B in High-Yield Bonds

“We think it’s the time to aggressively restructure the balance sheet, lower our interest costs, and really clear the decks for 2022 and beyond."

By Matthew Heller | November 4, 2021

The Global Chip Shortage: Worst-Hit Industries

The Global Chip Shortage: Worst-Hit Industries

Chip suppliers, which trimmed down chip production for autos and in turn stepped up supplies to consumer electronics, are now pressured from all quarters.

By Vincent Ryan | April 15, 2021

Ford Targets White-Collar Job Cuts in U.S.

Workplace Issues

Ford Targets White-Collar Job Cuts in U.S.

The automaker is aiming to trim at least 1,400 positions through voluntary buyouts as it continues to shift to electric and autonomous vehicles.

By Matthew Heller | September 2, 2020

Ford Expects Loss But Says Cash Position Strong

Financial Performance

Ford Expects Loss But Says Cash Position Strong

“We believe we have sufficient cash today to get us through at least the end of the third quarter" despite the coronavirus shutdown.

By Matthew Heller | April 13, 2020

Moody’s Downgrades Ford Deeper Into Junk

Financial Performance

Moody’s Downgrades Ford Deeper Into Junk

The rating agency says the threat of "a severe and prolonged decline" in auto markets due the coronavirus adds to the pressures on the company.

By Matthew Heller | March 26, 2020

Ford Touts ‘Strategic Progress’ But Stock Falls 9%

Financial Performance

Ford Touts ‘Strategic Progress’ But Stock Falls 9%

Investors eager to see returns from Ford's $11 billion global restructuring plan were disappointed by its Q4 and full-year results.

By Matthew Heller | February 5, 2020

Ford Names Ex-Amazon Exec Tim Stone as CFO

Ford Names Ex-Amazon Exec Tim Stone as CFO

The appointment of Stone to replace Bob Shanks "demonstrates Ford’s continuing transformation to a new age auto company."

By Matthew Heller | March 21, 2019

Ford Profit Hit by Losses in Overseas Markets

Ford Profit Hit by Losses in Overseas Markets

“It was not a year we were happy with and the fourth quarter continued that theme," CFO Bob Shanks said.

By Matthew Heller | January 24, 2019

Ford, Walmart Unveil AV Grocery Delivery Project

Ford, Walmart Unveil AV Grocery Delivery Project

The collaboration could boost Ford's efforts to develop commercial uses for self-driving technology.

By Matthew Heller | November 14, 2018

Ford Forms New Unit to Lead Drive Into AVs

Ford Forms New Unit to Lead Drive Into AVs

“Now is the right time to consolidate our autonomous driving platform into one team to best position the business for the opportunities ahead."

By Matthew Heller | July 31, 2018

Value Drivers

Using cost discipline, astute capital investments, and operational know-how, these 20 CFOs aim to guide their companies to a growth-filled future.

By CFO Staff | September 11, 2017

Ford to Cut 1,400 Jobs in Profitability Push

Ford to Cut 1,400 Jobs in Profitability Push

The automaker has been "under pressure to get specific about cost cuts” amid investor concern over its stock price.

By Matthew Heller | May 17, 2017

GM’s Q1 Profit Hits Post-Bankruptcy Record

GM’s Q1 Profit Hits Post-Bankruptcy Record

The results "demonstrate the strong earnings power of this company,” CEO Mary Barra says as profits soar 33% to $2.6 billion.

By Matthew Heller | April 28, 2017

Ford’s Profit Dips 35% on Increased Costs

Financial Performance

Ford’s Profit Dips 35% on Increased Costs

"Basically, the cost increase for the full year has happened in the first quarter," CFO Bob Shanks says.

By Matthew Heller | April 27, 2017

Ford’s Heavy Spending to Cut Into 2017 Profit

Ford’s Heavy Spending to Cut Into 2017 Profit

Ford is hoping its investments in new technologies will help it "expand beyond its core auto-making business and enter new transportation-related services."

By Matthew Heller | March 24, 2017