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Volkswagen has signed a deal to develop a pickup truck with U.S. competitor Ford and carries on discussions about extending its alliance to consist autonomous driving and mobility services, the
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Ford Motor’s Russian joint venture Ford Sollers will shut down two assembly plants and an engine factory in Russia, leaving the country’s passenger vehicle market, resulting in charges of about
The most surprising fact about Ford’s electric F-150 isn’t the powertrain. Photos and video of a prototype for the future truck that was spotted on the roads outside Ford’s Dearborn
Ford Motor on Thursday named Amazon.com veteran Tim Stone as chief financial officer (CFO), the automaker’s first external hire for the role in more than 70 years. Stone, 52, replaces
Ford Motor stated on Wednesday it is bringing production of a fully electric vehicle at a second North American plant as part of its $11 billion investment plan set in
Ford Motor stated it will increase U.S. production of its largest sport utility vehicles in a move to gain profits in a market where consumers favor larger, more comfortable automobiles.
U.S. automaker Ford plans to slash over 5,000 jobs in Germany and will decrease its workforce in Britain as well as it seeks to return to profit in Europe, the
Ford Motor CEO Jim Hackett earned salary, bonus and stock awards of $17.1 million in last year, up from $16.3 million the previous year, while adjusted pretax profit for the
Ford Motor CEO Jim Hackett informed workers that 2019 will be the year the 115-year-old automaker turns “the corner toward a really bright future,” in an internal memo observed by
The United Auto Workers is boosting strike pay to $250 weekly from $200 ahead of the union’s collective-bargaining effort with the Detroit automakers later this year. The $50 rise, declared
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