Ford Nearing Sale of Its Hertz Division

Ford Nearing Sale of Its Hertz Division
Northwest Indiana Times Business - Sep 08 1:34 PM
DETROIT - Ford Motor Co. is close to selling its Hertz Corp. rental-car division, a move that would help the struggling automaker raise cash, two executives familiar with the negotiations said Thursday.

Fiat Says It Has Alliance With Ford
Los Angeles Times - Sep 09 1:51 AM
ROME Italian automaker Fiat Auto SpA has an alliance with Ford Motor Co. to make small cars, a company official said Friday. Lapo Elkann, in charge of brand promotion at the Turin-based car company, told Italian radio that the alliance was created for a single product.

Ford to sell Hertz - WSJ
Reuters via Yahoo! Asia News - Sep 08 12:48 AM
NEW YORK (Reuters) - Ford Motor Co will sell its car-rental firm Hertz to a group of corporate-buyout firms, including Clayton Dubilier & Rice, Carlyle Group and Merrill Lynch Global Private Equity, for $5.5 billion to $6 billion, the Wall Street Journal reported on Thursday.

Fiat, Ford to Jointly Build Small Cars to Cut Costs (Update3)
Bloomberg.com - Sep 09 3:56 AM
U.S. Sept. 9 (Bloomberg) -- Fiat SpA, Italy's largest manufacturer, and Ford Motor Co. have agreed to jointly build two new small cars to cut development and production costs.

Fiat, Ford think big on small cars
AFP via Yahoo! News - Sep 09 7:49 AM
Italian car maker Fiat and US giant Ford plan to combine production of their leading small car brands Cinquecento and Ka, according to the head of marketing at Fiat Auto.

Ford and Fiat To Develop Joint Small Car
The Auto Channel - Sep 08 6:07 AM
FRANKFURT September 8, 2005; Reuters reported that Italy's Fiat and U.S. automaker Ford Motor Co are in advanced talks to cooperate on developing a small car, a person familiar with the matter told Reuters on Thursday, confirming an earlier report.

Ford and Fiat to revive Cinquecento
International Herald Tribune - Sep 09 2:49 AM
Ford Motor and Fiat are on the verge of sealing an alliance to share production and development costs of a small car, a person familiar with the plans said Thursday.