| Rank # of Fortune 500 Companies | |
|---|---|
| Texas | 58 |
| New York | 55 |
| California | 52 |
| Company | Rank |
|---|---|
| Valero Energy | 16 |
| Goldman Sachs | 20 |
| Microsoft | 44 |
 Get Quote: F
Financials: Latest Results
Rank: 7 (Previous rank: 7)
Compare tool: Ford Motor vs. Top 10 CEO: Alan R. Mulally Address: 1 American Rd. Dearborn, MI 48126 Phone: 313-322-3000 Website: www.ford.com Not only were Ford's U.S. auto sales down by nearly 12% for the year, but the manufacturer was surpassed as the nation's�No. 2 automaker�by Japanese rival�Toyota.
It was hit by high gas prices, which put the brakes on demand for its SUVs and pickups, and�the cost of�cutting its North American workforce by about 33,000 people. Continued losses at some overseas brands prompted the company to�put Land Rover, Jaguar and Aston Martin on the block. Ford lost $2.7 billion for the year and remains a work in progress - it is slashing capacity to meet reduced demand and offering buyouts to its entire U.S. hourly workforce of 54,000. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Motor Vehicles and Parts
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