Confidence in new French leaders at its lowest in 20 years
As the new French leader received military honours outside Merkel's chancellory, crowds outside the gate chanted his name. Macron said "treaty change long used to be a French taboo", but that this would change now that he was president.
About two-thirds of the buyout offers are in North America and the rest in Asia.
"Full details about the voluntary packages and how the program will work will be communicated with employees in early June". That's despite Ford making significant investments into artificial intelligence companies to speed up its self-driving auto programs.
Blessed with the best-selling vehicle in the USA, the enormously profitable F-series pickup truck, which would be a Fortune 500 company on its own, Ford remains endowed with strong financials.
The company agreed to scrap a factory in Mexico and add 700 jobs in MI with the money saved.
Following initial reports of Ford's impending job cuts, investors hardly rallied.
Ford announced plans last month to trim costs by $3 billion a year to free up money to develop the next generation of electric and self-driving cars and trucks.
Ford's profits dropped by 35 percent in the first quarter of 2017 as a result of rising costs, pricey recalls and a drop in fleet sales. That might seem rational to owners of Ford's sagging stock.
Mixture of old and new faces in Macron's first government
Philippe's appointment ticks several boxes for the 39-year-old Macron, France's youngest president, who took power on Sunday. Gerard Collomb has been a prominent Socialist since becoming mayor of Lyon, France's third biggest city, in 2001.