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The Mexican government is trying to attract Ford Motor to consider relocating some of its operations to Mexico, a senior official said on Tuesday, as the U.S. automaker announced the
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Ford Motor is stopping production of its most popular car model in Europe for a whole month due to the shortage of semiconductors. The automaker’s Focus factory located in Saarlouis,
Ford Motor said on Wednesday it sold 602,627 vehicles in China last year, up 6% from 2019, despite the continued coronavirus crisis. Last year was the automaker’s first annual growth
Ford Motor’s decision to shut three plants in Brazil will reduce its losses and allow it to focus on increasing profitability in its underperforming international segment, J.P. Morgan analysts said
Brazil’s President Jair Bolsonaro on Tuesday attributed Ford Motor’s decision to close its three plants in Brazil to the end of multibillion-dollar subsidies provided by the government. “What does Ford
Ford Motor said on Monday it will shut its three plants in Brazil this year and take pretax charges of about $4.1 billion as the COVID-19 pandemic amplified the automaker’s
Ford Motor, Toyota Motor, Fiat Chrysler Automobiles (FCA), and Nissan Motor said on Friday they would slash vehicle production this month because of the shortage of semiconductors, becoming the recent
Ford Motor on Wednesday posted a 9.8% decline in quarterly U.S. auto sales, as a drop in sales of its profitable trucks outweighed higher demand for sport utility vehicles (SUV).
Ford Motor said on Thursday it was calling off its automotive joint venture with Indian automaker Mahindra and Mahindra Ltd because of the challenges caused by the COVID-19 pandemic. The
Ford Motor is delaying the release of its Bronco SUV in 2021 to the summer from the initial spring target because of the coronavirus-related issues with its suppliers, a company
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