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Energy Secretary Chu announced the loans to Ford employees in Detroit.. Advanced Technology Vehicles Manufacturing (ATVM) Loan Program is a $25 billion direct loan program funded by Congress in fall 2008 to provide debt capital to the U.S. automotive industry for the purpose of funding projects that help vehicles manufactured in the U.S. meet higher mileage requirements and lessen U.S ...
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The plan aimed to reduce fixed capital costs while allowing Ford to maintain a special focus on cars and car-based crossover vehicles. Over time, the company had hoped to make more of its product line profitable instead of relying on a limited portion of the products for profit.
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%.
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The future of transport is on its way. It’ll be arriving in five minutes—it’s just completing a trip around the corner first. Ford has publicly stated that it plans to have self-driving cars ...
Retail floor planning (also referred to as floorplanning or inventory financing) is a type of short term loan used by retailers to purchase high-cost inventory such as automobiles. These loans are often secured by the inventory purchased as collateral. [1] Floor planning is commonly used in new and used car dealerships. [2]
I've drawn the Ford (NYSE:F) straw today. The last time I wrote about F stock was in May. At that time, I argued that because it has so much cash per share, it provides aggressive investors with ...