Dozens of Republican House Energy and Commerce Committee members sought to review the licensing agreement between Ford Motor Co. and a Chinese electric vehicle battery maker. In a letter sent to Ford’s CEO James Farley, the Republicans, led by committee chair Rep. Cathy McMorris Rodgers (R-Wash.) and Oversight Subcommittee Chair Morgan Griffith (R-Va.), asked for […]
Ford Motors began a round of layoffs this week, predominantly impacting engineering roles in the United States and Canada, as they aim to trim unprofitable operations. The U.S. Supreme Court ruled on June 27 against North Carolina Republicans in a 6–3 decision, who argued state legislatures have exclusive power to make rules for federal elections.
WASHINGTON—Ford Motor said on Wednesday it is recalling 142,000 Lincoln MKC SUVs in the United States and advising owners to park outdoors and away from structures while it investigates the cause of under hood fires. The No. 2 U.S. automaker said the issue in the 2015–2019 model year vehicles is believed to originate near the […]
Ford Motor Co. will halt F-150 Lightning production until the end of next week following a battery problem that caused an EV truck to catch fire during a pre-delivery check, the company said on Friday. “The teams worked quickly to identify the root cause of the issue,” Ford spokesperson Emma Bergg said in a statement Friday. […]
Republican Gov. Glenn Youngkin’s removal of Virginia for consideration for automaker Ford’s new battery plant has come under fire from Democrats, who said that a $3.5 billion Ford battery manufacturing plant would have created over 2,500 jobs in southern Virginia while questioning whether the national security concern over Ford’s China-based partner was legitimate. On Tuesday, […]
A Georgia jury has returned a $1.7 billion verdict against Ford Motor Co. involving a pickup truck crash that claimed the lives of a Georgia couple, their lawyers confirmed. Ford plans to appeal, a company representative said Sunday. Jurors in Gwinnett County, just northeast of Atlanta, returned the verdict late last week in the yearslong […]
DETROIT—Quality is once again Job One at Ford Motor Co. Taking a page from the automaker’s ad slogan of the 1980s and ’90s, Ford’s new chief executive, Jim Farley, is aiming to rein in rising warranty repair costs that are a key reason why the Dearborn, Michigan, automaker’s financial performance in North America has lagged […]
I was laying flat on my back getting a gentle massage as I looked up at the clouds and the occasional seagull passing by overhead. For a moment, I could imagine I was at spa by the beach. But in reality, I was inside a Ford F-150 pickup truck in a parking lot in the […]
Ford Motor will replace CEO Mark Fields. Ford shares dropped 40 percent since Fields took over three years ago. Mike Ingram, BGC market strategist, spoke about the thinking behind the replacement, “No, I don’t think that it is a surprise that the road has finally ran out on Mark Fields. I mean during his three […]
Ford Motor is cutting its workforce by 10 percent. The cuts will affect salaried employees in Asia and the United States. Ford is making the cuts due to a sliding stock price. The automaker hopes to boost profits. The cuts will not affect hourly employees. The cuts will also not affect production. Ford will incentivize […]
