Ford News Updates

Business

Ford to Cut 1,400 US Salaried Jobs in Reorganization

Ford Motor Co. is cutting about 5% of its U.S. salaried workers as part of a sweeping reorganization, which could include layoffs, in a move to help the automaker reverse its declining fortunes.

September 2, 2020
Government, Business, Equipment

Ford Ends Ventilator Production After Making 50,000

Ford is ending production of ventilators and returning the factory where they were built to full-time auto-parts output after completing delivering 50,000 ventilators to the government.

August 31, 2020
Business, Technology, Logistics

Ford CEO’s Vow for Flawless Launches Tested by High-Stakes F-150

Ford Motor Co. is gearing up for an intricate, two-phase overhaul of factories for its most profitable vehicle, putting to the test a pledge by incoming CEO Jim Farley for flawless execution.

August 24, 2020
Business, Technology

Ford to Promote Farley to CEO After Hackett’s Failed Turnaround Bid

Ford Motor Co. will promote Jim Farley to CEO on Oct. 1 to replace Jim Hackett, who has elected to retire after his three-year bid to turn around the automaker failed to gain traction.

August 4, 2020
Government, Business, Technology, Fuel, Logistics

Ford, VW Electric Models May Be Delayed by Trade-Secret Fight

Ford Motor Co. and Volkswagen AG warned a swirling legal dispute between two South Korean battery suppliers could threaten their plans to start producing electric vehicles in the U.S.

July 21, 2020
Business, Technology, Safety, Autonomous

Ford Takes on Tesla With Hands-Free Driving for Electric Mustang

Ford Motor Co. plans to install a hands-free driving system on its electric Mustang Mach-E model coming later this year as it attempts to muscle in on the high-tech turf now dominated by Tesla Inc.

June 18, 2020
Business, Equipment, Safety

Ford Sees Plants Resuming Pre-Virus Production Within Weeks

Ford Motor Co. expects its U.S. plants will come all the way back from coronavirus-related shutdowns within the next month, a top executive said.

June 10, 2020
Business, Technology, Autonomous

Self-Driving Startup Argo Completes $2.6 Billion Tie-Up With VW

Argo AI, the self-driving startup tightly aligned with Ford Motor Co., completed an expected tie-up with Volkswagen AG involving a $2.6 billion investment from the German automaker.

June 2, 2020
Business, Technology, TCA

Ford, Rivian Put Plans for Electric Lincoln on Back Burner

Ford and Rivian put their plans on ice to jointly develop a Lincoln-brand electric vehicle, a Lincoln spokeswoman confirmed April 28.

April 29, 2020
Business

GM, Ford Credit Arms May Lose Billions on Used-Car Price Plunge

General Motors Co.’s and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used vehicle prices, JPMorgan Chase & Co. analysts said.

April 20, 2020