Ford News Updates

Business

GM’s Draw-Down Preserves Dividend, Signals Edge Over Ford

General Motors Co. joined Ford Motor Co. in tapping its credit lines to stock up on cash, but the bigger automaker is signaling superiority over its Detroit rival by leaving its dividend intact for now.

March 24, 2020
Business

Ford Helping GE Make Ventilators, 3M Manufacture Respirators

Ford Motor Co. is throwing its design and production prowess behind two other manufacturers’ efforts to build more ventilators and respirators for health care workers and first responders.

March 24, 2020
Business, Safety

Ford Bans All Business Trips After Two Employees Contract Coronavirus

Ford Motor Co. has banned all air travel for business after two of its employees in China contracted the coronavirus.

March 3, 2020
Business, Equipment, Safety

Tailgate Problems Prompt Ford F-150 Recall in Canada, but not US

Ford is recalling its popular F-150 pickup truck in Canada to fix a problem with electric tailgate latches, but identical trucks aren’t being recalled in the U.S.

January 29, 2020
Business, Technology

Ford’s Lincoln Partners With Rivian for First Electric Model

Lincoln is building its first fully electric vehicle with Rivian Automotive Inc., the battery-powered truck and SUV maker Ford Motor Co. backed with a $500 million investment last year.

January 29, 2020
Business

Ford Sales Miss Estimates on 15% Drop in Explorer Deliveries

Ford Motor Co.’s fourth-quarter U.S. sales fell more than expected as a decline in deliveries of its redesigned Explorer dragged down sport-utility vehicle results.

January 6, 2020
Business, Equipment

Ford to Add 3,000 Jobs in Detroit Area, Invest $1.45 Billion

DETROIT — Ford Motor Co. is adding 3,000 jobs at two factories in the Detroit area and investing $1.45 billion to build new pickup trucks, SUVs, and electric and autonomous vehicles.

December 17, 2019
Business, Technology, Equipment, Fuel

Ford Unveils Electric Mustang SUV to Challenge Tesla Dominance

Ford Motor Co. is reinventing one of its marquee models — the Mustang muscle car — as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.

November 18, 2019
Business

Ford to Close Michigan Engine Factory

Ford Motor Co. is closing a Michigan engine factory as part of the tentative agreement it reached with the United Auto Workers Oct. 30, as the automaker begins to shift from traditional internal combustion engines to battery-powered vehicles.

October 31, 2019
Business

Ford Cuts 2019 Outlook

Ford Motor Co., struggling to roll out its redesigned Explorer sport-utility vehicle, cut its full-year forecast by $500 million, in a sign an $11 billion restructuring by Chief Executive Officer Jim Hackett will take more time before a promised payoff.

October 23, 2019