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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ford Motor Company | NYSE:F | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.115 | 0.92% | 12.555 | 12.56 | 12.488 | 12.51 | 1,106,522 | 14:31:38 |
Ford Motor Company and its dealers, taking action to aid Hurricane Harvey victims, are committing millions of dollars in relief funds and offering special assistance to those who need to replace lost or destroyed vehicles.
“Our hearts go out to all of those affected by Hurricane Harvey. Texas is like family for Ford,” said Jim Hackett, Ford president and CEO. “Our teams are working day and night to help our customers, dealers and communities get back on their feet."
Ford has launched multiple initiatives to assist in the relief efforts, including committing more than $3.5 million in relief funds. These actions include:
Ford has 114 dealerships in the Houston region. Currently, 101 remain open, 13 are closed and 10 (some open and some closed) have incurred extensive damage. While assessments are still under way, Ford expects dealer vehicle losses to be in the low thousands and isolated to a few dealers.
“The outpouring of support from dealers and employees who want to help is truly remarkable,” said Raj Nair, executive vice president and president of North America. “Thousands of people have suffered tremendous loss as a result of Harvey. For these people, Ford is committed to taking action to make the process of getting their lives back on track a little easier.”
About Ford Motor Company
Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. Ford employs approximately 203,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com.
For news releases, related materials and high-resolution photos and video, visit www.media.ford.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170901005693/en/
Ford Motor CompanySaid Deep313.594.0942sdeep@lincoln.comorSherrice Gilsbach247.789.8991sgilsba1@ford.com
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