October 9, 1987 |
Ford Motor, dividing up the returns from a year in which it is likely to be the nation's most profitable company, approved a 2-for-1 stock split Thursday and boosted its dividend by one-third. The dividend was raised to $1 a share from 75 cents and will be paid before the split. In making the announcement, Ford Chairman Donald Petersen and President Harold Poling cited the company's strong gains in profit in recent years.
December 23, 1990 |
West Los Angeles resident Claudia Folksa is a bicycling enthusiast. She enjoys the exercise and the wind in her hair, as well as the camaraderie that a leisurely ride with a friend can provide. And she hopes to share those joys with others like herself who haven't had too many opportunities to enjoy the sport.
February 18, 1992 |
The Ford Taurus, notes a new book by Eric Taub, was more than a car. It was a $3-billion risk that scored. Taurus was conceived in 1980 when Ford was bedeviled by a painful acronym-- Fix or Repair Daily-- and on the verge of bankruptcy. It was introduced in 1985 when no one knew if Americans were ready for front-wheel-drive cars, space shuttle aerodynamics or sports-sedan performance from a family four-door.
November 17, 2002
"Retrofuturism: The Car Design of J Mays" focuses on nine cars, all designed by Mays and his teams. Audi Avus Quattro concept vehicle, 1991. Named for the 1930s Avus racetrack in Berlin, it was never intended for production, but its form led to the development of Audi's TT (1995), designed by Mays' colleague Freeman Thomas. Volkswagen Concept One, 1994.
September 29, 1988 |
A snag in efforts to settle a dispute about a $350-million trust left by auto magnate Henry Ford II has been worked out with the appointment of a guardian to represent his minor grandchildren. Attorneys for Kathleen DuRoss Ford, 48, widow of the Ford Motor Co. heir, at first objected to another attorney's insistence of a guardian, calling it a last-minute stall tactic. But they later agreed Tuesday to the appointment of retired Palm Beach Circuit Judge Robert S.
April 10, 1998 |
Edsel B. Ford II, the most senior Ford family member employed by the auto company founded by his great-grandfather, said Thursday he will retire as president of Ford Credit but remain on the board. Ford, 49, son of Henry Ford II, said he plans to increase his community affairs activities and act as a paid consultant to the Ford Motor Co. after he retires from Ford Credit, the company's financing arm, on May 1.
September 17, 1987 |
Negotiators for Ford Motor Co. and the United Auto Workers agreed today to a three-year contract giving greater job protection and pay increases to 104,000 U.S. auto workers, the UAW said. The contract must be approved by local leaders and the union rank and file before going into effect.
February 25, 1992 |
Robert S. Miller, a leading candidate to succeed Lee A. Iacocca and one of the heroes of Chrysler Corp.'s brush with bankruptcy in 1980, said Monday that he is leaving the car maker to become a Wall Street investment banker. Miller, 50, vice chairman and chief financial officer at Chrysler, was named a senior partner at James D. Wolfensohn Inc., the blue chip firm chaired by former Federal Reserve Board Chairman Paul A. Volcker. Miller's departure appeared to solidify the position of Robert A.
January 11, 1985 |
Flush with cash from its most profitable year ever, Ford Motor Co. said Thursday that it is increasing its quarterly dividend on its common stock by 25%, to 50 cents per share, the company's highest dividend level since 1980. The 10-cents-per-share increase, payable March 1 to shareholders of record Jan. 30, is being issued as a result of what Ford called "the favorable outlook for the company's earnings and cash position." Ford's U.S.
November 12, 1985 |
A partial list of guests at the dinner Monday night at the National Gallery of Art in honor of the Prince and Princess of Wales: Treasury Secretary James A. Baker III and Mrs. Baker. Robert Bass of Fort Worth and Mrs. Bass. J. Carter Brown, director, National Gallery of Art, and Mrs. Brown. Evangeline Bruce, wife of former U.S. Ambassador to Britain David K.E. Bruce. Chief Justice Warren E. Burger and Mrs. Burger. Henry Ford II and Mrs. Ford. Donald J.