Detroit Free Press Ford Motor Co. confirmed Friday that it sought and won permission from the U.S. Department of Energy to defer debt payments owed for a 2009 government loan.The action is viewed as "worrisome" to an expert who closely follows bankruptcy trends.Regulatory documents filed by Ford showed the company owes payments of $591 million in 2020, $591 million in 2021 and $289 million in 2022."The fact that Ford Motor Co., a multibillion dollar organization, finds it necessary to defer loan payments of that size would be a concerning sign to their investors," said...…Detroit Free Press Ford Motor Co. confirmed Friday that it sought and won permission from the U.S. Department of Energy to defer debt payments owed for a 2009 government loan.The action is viewed as "worrisome" to an expert who closely follows bankruptcy trends.Regulatory documents filed by Ford showed the company owes payments of $591 million in 2020, $591 million in 2021 and $289 million in 2022."The fact that Ford Motor Co., a multibillion dollar organization, finds it necessary to defer loan payments of that size would be a concerning sign to their investors," said...WW…

Detroit Free Press Ford Motor Co. is currently "auditing" an estimated 188,000 salaried and hourly employees worldwide to see where the 117-year-old company stands on workplace attitudes about diversity.The effort involves employees from the factory floor to executive suites in an aggressive attempt to address institutional bias and issues that may hinder employee performance, company officials confirmed to the Free Press."I believe the audit is very necessary because I think if you would ask different people at different levels they have a different...…Detroit Free Press Ford Motor Co. is currently "auditing" an estimated 188,000 salaried and hourly employees worldwide to see where the 117-year-old company stands on workplace attitudes about diversity.The effort involves employees from the factory floor to executive suites in an aggressive attempt to address institutional bias and issues that may hinder employee performance, company officials confirmed to the Free Press."I believe the audit is very necessary because I think if you would ask different people at different levels they have a different...WW…

Detroit Free Press Bob Hamilton had a favor to ask, and he knew it was unreasonable and almost bordered on requiring an apology for being so bold."To be honest, I don't have anything to compare it to," he said of his audacious request. Hamilton picked up the phone in Reno, Nevada, to cold call General Motors in Detroit. His work involved health care, not cars, and he saw press reports that GM during the auto industry shutdown was making emergency equipment for hospitals battling the highly infectious respiratory disease COVID-19.This is the story of a man who...…Detroit Free Press Bob Hamilton had a favor to ask, and he knew it was unreasonable and almost bordered on requiring an apology for being so bold."To be honest, I don't have anything to compare it to," he said of his audacious request. Hamilton picked up the phone in Reno, Nevada, to cold call General Motors in Detroit. His work involved health care, not cars, and he saw press reports that GM during the auto industry shutdown was making emergency equipment for hospitals battling the highly infectious respiratory disease COVID-19.This is the story of a man who...WW…

Detroit Free Press Ford Motor Co. plans to reveal the all-new Ford Bronco on July 9, which falls on the birthday of Orenthal James "O.J." Simpson.Simpson, a former football star, is known internationally for being in a white Ford Bronco that aired on live TV leading a massive police chase on June 17, 1994, after being charged with murder in the slayings of his ex-wife Nicole Brown Simpson and her friend Ronald Goldman. "I gotta believe this is a mistake. Didn't anybody look at the calendar?" said John McElroy, veteran industry observer and...…Detroit Free Press Ford Motor Co. plans to reveal the all-new Ford Bronco on July 9, which falls on the birthday of Orenthal James "O.J." Simpson.Simpson, a former football star, is known internationally for being in a white Ford Bronco that aired on live TV leading a massive police chase on June 17, 1994, after being charged with murder in the slayings of his ex-wife Nicole Brown Simpson and her friend Ronald Goldman. "I gotta believe this is a mistake. Didn't anybody look at the calendar?" said John McElroy, veteran industry observer and...WW…

Get the newsShare This Story!Let friends in your social network know what you are reading aboutUAW President Rory Gamble says he's working with auto companies to restart production but workers remain afraid for their safety.A link has been sent to your friend's email address.A link has been posted to your Facebook feed. Join the ConversationTo find out more about Facebook commenting please read theWelcome to our new and improved comments.This is a test to see whether we can improve the experience for you.You do not need a Facebook profile to participate.You will need to register before...…Get the newsShare This Story!Let friends in your social network know what you are reading aboutUAW President Rory Gamble says he's working with auto companies to restart production but workers remain afraid for their safety.A link has been sent to your friend's email address.A link has been posted to your Facebook feed. Join the ConversationTo find out more about Facebook commenting please read theWelcome to our new and improved comments.This is a test to see whether we can improve the experience for you.You do not need a Facebook profile to participate.You will need to register before...WW…

Get the newsShare This Story!Let friends in your social network know what you are reading aboutUAW engaged by safety measures as Ford prepares to reopen factories during pandemic.A link has been sent to your friend's email address.A link has been posted to your Facebook feed. Join the ConversationTo find out more about Facebook commenting please read theWelcome to our new and improved comments.This is a test to see whether we can improve the experience for you.You do not need a Facebook profile to participate.You will need to register before adding a comment.Typed comments will be lost if...…Get the newsShare This Story!Let friends in your social network know what you are reading aboutUAW engaged by safety measures as Ford prepares to reopen factories during pandemic.A link has been sent to your friend's email address.A link has been posted to your Facebook feed. Join the ConversationTo find out more about Facebook commenting please read theWelcome to our new and improved comments.This is a test to see whether we can improve the experience for you.You do not need a Facebook profile to participate.You will need to register before adding a comment.Typed comments will be lost if...WW…