Dallas, Texas 08/14/2013 (Financialstrend) – Alan Mulally, President and Chief Executive Officer of Ford Motor Company (NYSE:F) is in Sydney to reaffirm the company’s long-term dream for Australia and it was announced that Ford is speeding up its product and technology directing transformation with a totally re-energized line-up and more than a few all-new representation in showrooms between now and the year 2017 in Australia. In an unparalleled speeding up of new vehicle initiation, the company will reenergize its whole vehicle line-up by 2017 in Australia, contributing 11 worldwide vehicles given out to Australian clients for years to come with a full package of commercial vehicles, SUVs and passenger cars with outstanding quality, elegant design, security, fuel effectiveness and worth. Earlier the company awarded a donation of $50,000 to the American Indian College; this finance is for the Native student scholarship which is all the way through the Ford Motor Company Blue Oval Scholars plan.
Ford Motor Company also granted $10,000 to help the American Indian College to finance the Flame of Hope Gala on October 10, 2013. The business which missed almost 13,000 employees in its control program took place between 2006 and 2009 now publicised that it plans to appoint 800 more paid employees in the United States, the concern which originally intended to employ 2,200 workers now said that 3000 will be employed as engineers, computer specialist and other paid employees.
The stocks of Ford Motor Company reported a loss of 0.06 percent and closed at $17.06 per share, which had the opening price of $17.15 on Tuesday. The 52-week price range of the stock remained with the low of $9.25 and high of $17.67 while during last trade its intraday low price was $16.96 and it gained its intraday high price of $17.21 per share. The company’s average trading volume is 37.34 million, with the traded volume of 22.37 million shares on Tuesday. Ford Motor Company (NYSE:F) has a total market capitalization of $ 67.21 billion with 53% institutional ownership and outstanding shares of 3.94 billion.