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February 15, 2013

A fifth-generation member of the Ford family has been promoted vice-president of the eponymous US carmaker. Elena Ford is also poised to take the wheel of a new division managing strategy and customer service at Ford dealerships in March.

A fifth-generation member of the Ford family has been promoted vice-president of the eponymous US carmaker. Elena Ford is also poised to take the wheel of a new division managing strategy and customer service at Ford dealerships in March.

August 9, 2010

Bill Ford, executive chairman of family-controlled carmaker Ford, last week sold 3.4 million common shares and stock options in the company, worth around $28 million.

Bill Ford, executive chairman of family-controlled carmaker Ford, last week sold 3.4 million common shares and stock options in the company, worth around $28 million. 

He also received his first wage in five years, according to an email to Ford employees reported in the Wall Street Journal. Ford (pictured) pledged he would forgo his salary until the company was once again in a strong financial situation.

May 14, 2010

The Ford family, who control the US-based automaker of the same name, retained their multiple voting shares through which they control the business at the company’s annual shareholder meeting yesterday

The Ford family, who control the US-based automaker of the same name, retained their multiple voting shares through which they control the business at the company's annual shareholder meeting yesterday.
 
The proposal to reconsider the two-tier share system was put forward by activist investor Ray Chevedden and was rejected by a 70.8% majority. This is the sixth year in which the resolution has been voted on and this year saw it gain the most support so far with 29.2%.
 

November 3, 2009

Ford, the family-controlled automaker, announced it has returned to profit in Q3 2009 – the first time it has done so since Q1 2008.

Ford, the family-controlled automaker, announced it has returned to profit in Q3 2009 – the first time it has done so since Q1 2008.

July 6, 2009

Ford has announced an increase in market share in the US as the founding family reiterated its emotional commitment to the business.

Ford has announced an increase in market share in the US as the founding family reiterated its emotional commitment to the business. Despite the economic slowdown, the family-controlled carmaker managed to boost US market share to 18% in June, an increase on the 14.6% for the same time last year.
 

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