Ford News Updates

Business, Fuel

Ford Shatters Estimates as Sales Increase, Resuming Dividend

Ford Motor Co., charging forward with big investments in electric vehicles, reported third-quarter results that beat analysts’ expectations as chip shortages eased and sales grew.

October 27, 2021
Business, Technology, Fuel

Ford’s Maverick Hybrid Pickup Truck Nearly Sold Out for 2022 Model Year

Ford Motor Co.’s new Maverick tiny truck is nearly sold out for the 2022 model year in its standard setup with a gas-electric hybrid propulsion system.

October 21, 2021
Business, Technology, Fuel

Ford Exits Rivian Board Ahead of Startup’s IPO

Ford Motor Co. has vacated its seat on the board of Rivian Automotive Inc. as the electric truck startup prepares to go public with an expected valuation of $80 billion.

October 13, 2021
Business, Technology, Equipment, Fuel

Ford, Redwood to Partner on Recycling EV Battery Materials

Redwood Materials Inc., the startup founded by Tesla alum J.B. Straubel, has formed a partnership with Ford Motor Co. to recycle and reuse key ingredients within the lithium-ion batteries that will power the automaker’s burgeoning fleet of electric vehicles.

September 22, 2021
Business

Ford Will Cease Making Cars in India, Take $2 Billion Charge

Ford Motor Co. will shut its car factories in India and record roughly $2 billion in restructuring charges, scaling back significantly in a country that past management saw becoming one of its three biggest markets.

September 9, 2021
Business, Technology, Equipment

Ford Posts Surprise Profit on Surging Prices of Scarce Cars

Ford Motor Co. overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots.

July 29, 2021
Business, Technology, Fuel

Ford CEO Farley Stokes Stock With His $30 Billion Bid in EV Race

Ford Motor Co. CEO Jim Farley made a bold bid for electric supremacy May 26 by boosting his company’s bet on plug-in models by more than a third, to $30 billion, and promising to electrify virtually the entire lineup.

May 26, 2021
Business, Technology, Equipment, Fuel

Ford Pressured to Provide Path to All-Electric Future

Riding a rising stock price, a splashy new model intro and a friendly presidential visit, new Ford Motor Co. CEO Jim Farley faces his biggest test yet: explaining his strategy for making the 118-year-old automaker relevant in the electric age.

May 25, 2021
Government, Business, Technology, Fuel

Ford’s High-Stakes Electric F-150 Will Start Under $40,000

Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes the accelerator.

May 20, 2021
Government, Business, Technology, Equipment, Fuel, TCA

Ford Visit Offers Symbolic Backdrop for Biden’s EV Agenda

President Joe Biden’s planned visit May 18 to the Dearborn, Mich., Ford Motor Co. Rouge Electric Vehicle Center that will build an electric version of the F-150 pickup will showcase what experts say is a powerfully symbolic example of a zero-emission vehicle with mass market appeal, built in the U.S. by union workers.

May 17, 2021