Wed, March 5, 2025
[ Wed, Mar 05th ]: Cars
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[ Wed, Mar 05th ]: Reuters
EU plans law to give car services groups access to vehicle data
Tue, March 4, 2025
[ Tue, Mar 04th ]: MSN
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[ Tue, Mar 04th ]: CNBC
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[ Tue, Mar 04th ]: Impacts
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[ Tue, Mar 04th ]: Airways
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[ Tue, Mar 04th ]: Forbes
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[ Tue, Mar 04th ]: Yahoo
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[ Tue, Mar 04th ]: Reuters
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[ Tue, Mar 04th ]: sinchew
DHL sees new opportunities in Thailand with its S .. mmitment to help drive Thailand's economic growth
[ Tue, Mar 04th ]: Zawya
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[ Mon, Mar 03rd ]: Forbes
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[ Mon, Mar 03rd ]: MarketWatch
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[ Mon, Mar 03rd ]: Bloomberg
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[ Mon, Mar 03rd ]: Reuters
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[ Sun, Mar 02nd ]: ABC
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[ Fri, Feb 28th ]: Yahoo
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[ Sun, Feb 23rd ]: Forbes
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[ Fri, Feb 21st ]: Reuters
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[ Fri, Feb 21st ]: Forbes
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[ Thu, Feb 20th ]: motorbiscuit
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[ Thu, Feb 20th ]: Reuters
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[ Thu, Feb 20th ]: MSN
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[ Wed, Feb 19th ]: MSN
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[ Wed, Feb 19th ]: Reuters
Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
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[ Tue, Feb 18th ]: MSN
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[ Tue, Feb 18th ]: Forbes
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[ Tue, Feb 18th ]: Reuters
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[ Tue, Feb 18th ]: IPPMEDIA
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[ Mon, Feb 17th ]: Yahoo
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Sun, February 16, 2025
[ Sun, Feb 16th ]: MSN
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[ Sat, Feb 15th ]: ThePrint
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[ Sat, Feb 15th ]: Reuters
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Fri, February 14, 2025
[ Fri, Feb 14th ]: Reuters
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Exclusive: Ford slashes manager stock bonuses to cut costs, boost performance

  Copy link into your clipboard //automotive-transportation.news-articles.net/co .. tock-bonuses-to-cut-costs-boost-performance.html
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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Some middle managers at Ford Motor will not get stock bonuses this year in what is seen internally as CEO Jim Farley's latest attempt to cut the automaker's bloated costs, according to six people familiar with the matter.
Ford Motor Co. has decided to significantly reduce stock bonuses for its managers as part of a broader cost-cutting initiative aimed at enhancing performance and profitability by 2025. The company announced that it would cut the value of stock awards for its leadership team, including top executives, by 25% to 50%, with the most substantial reductions affecting the highest earners. This move is part of Ford's strategy to align executive compensation more closely with shareholder interests and to fund investments in electric vehicles and other high-growth areas. Additionally, Ford is implementing other cost-saving measures such as reducing travel expenses, marketing budgets, and agency fees, while also focusing on improving quality and reducing complexity in its operations. These changes come as Ford aims to navigate through a challenging automotive market, marked by increased competition and a shift towards electric vehicles.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/ford-slashes-manager-stock-bonuses-cut-costs-boost-performance-2025-02-18/ ]