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Ford is the second automaker to increase payouts to shareholders since reaching the deal with the UAW. In November, GM announced a $10 billion share buyback and 33% dividend increase.
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Ford announced in 2014 plans to reduce its vehicle platforms from sixteen to nine. [1] In 2014, Ford vehicles were built on fifteen distinct platforms. This only applies to Ford and Lincoln and not to any brands that were previously held by the company (such as Mazda and Volvo), and is expected to cut costs by 20%.
Ford sports cars have been visible in the world of sports car racing since 1964. Most notably the Ford GT40 won the 24 Hours of Le Mans four times (in 1966, 1967, 1968 and 1969) and is the only American car to ever win overall at this prestigious event. Ford also won four titles at the World Sportscar Championship with the GT40.
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Ford Performance (formerly Ford Racing) is the high-performance division of the Ford Motor Company and the multinational name used for its motorsport and racing activity.