Volkswagen has closed its $2.6 billion investment in self-driving startup Argo AI, who is based on Pittsburgh. The automaker disclosed in a blog post on Tuesday. Argo, established in 2016 by Bryan Salesky and Peter Rander, is now jointly controlled by Volkswagen and Ford Motor, which made an initial investment in Argo after it was […]
Ford
BYD to provide electric vehicle batteries to Ford
Chinese electric automaker BYD will provide electric vehicle batteries to U.S. automaker Ford Motor, a document on the website of the Ministry of Industry and Information Technology revealed on Monday. Ford’s China venture with Changan Automobile is looking for government approval to construct a plug-in hybrid model geared up with BYD’s batteries, according to the […]
Volkswagen board officially agrees with Ford alliance projects
Volkswagen stated on Thursday its supervisory board had accepted several projects in a multibillion-dollar alliance with Ford Motor that was first declared last July. The German automaker said various contracts between the two automakers were nearing completion and would be signed soon. Among the shared projects specified by Volkswagen include a midsize pickup to be […]
General Motors, Ford turn to fast-payment programs to aid suppliers
General Motors and Ford Motor are utilizing fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the spread of the coronavirus pandemic. Keeping small suppliers afloat financially is important for the automakers as they try to resume North American factories and generate cash from sales of large […]
Ford to restart Mexican plant gradually on May 28
U.S. automaker Ford has set May 28 as a provisional date for the gradual resumption of its plant located in Hermosillo, Mexico, according to a letter to workers observed by Reuters. In mid-May, Mexican government officials stated the auto industry could exit a mandatory coronavirus lockdown prior to June 1 if safety measures were approved. […]
Donald Trump visits Ford plant in Michigan
President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan and visited a Ford Motor plant. The move comes amid tensions with its Democratic governor Gretchen Whitmer during the ongoing coronavirus crisis. Trump opted not to wear a protective face mask for the cameras. Trump toured the Ford plant, which […]
Ford closes two U.S. assembly plants because of COVID-19 infections
Ford Motor on Wednesday shut down two U.S. assembly plants as the coronavirus pandemic is wreaking early havoc with the automaker’s plan to resume North American production and start making its most profitable automobiles again. Ford closed its Dearborn, Michigan, plant because of a positive COVID-19 test by one worker, while its Chicago assembly plant […]
New Ford Ranger Thunder launches in Europe
The new Ford Ranger Thunder brings style and improved specification to Europe’s best-selling pick-up, now available to order from £32,965 ($40,387) (RRP, excluding VAT) for lsummer delivery. Limited to 1,400 units for the UK and 30 for Ireland, Ranger Thunder adds exclusive interior and exterior design to the 2020 International Pick-up Award-winner, with a […]
Ford issues three safety recalls in North America
Ford Motor is issuing three safety recalls in North America. The three recalls are as follows: Select 2020 Ford Expedition and 2020 Lincoln Navigator vehiclesAffected vehicles are geared up with nonfunctioning Pre-Collision Assist features, consisting of Forward Collision Warning, Dynamic Brake Support and Automatic Emergency Braking. This condition may avoid notifications to the driver showing […]
Most U.S. dealers of Ford got federal payroll protection loans
Most of Ford Motor’s U.S. dealers got payroll protection loans from the U.S. government during this ongoing coronavirus pandemic, the automaker’s chief operating officer stated on Thursday. Early in the outbreak, Ford made sure that its American dealers applied with the U.S. Small Business Administration for federal loans to protect their payrolls and workers, Jim […]
Ford plans to resume North America production from May 18
Ford Motor stated on Thursday it is preparing to resume production and operations in North America in a phased manner, starting May 18. The automaker said from that date it will also start bringing back some workers whose work cannot be done remotely such as vehicle testing and design. This includes about 12,000 workers in […]
Ford ventures saw sales growth in April in China as market rebounds
Two ventures of U.S. automaker Ford Motor in China have reported year-on-year sales increase for April, showing that the world’s biggest auto market has started to recover from coronavirus crisis. Ford’s major joint venture with Chongqing Changan Automobile sold 20,465 vehicles in April, increasing 38.3% from the same period a year earlier, Changan stated in […]
Dacia and Ford restart auto production in Romania
Romanian automaker Dacia, owned by France’s Renault and Ford Motor Craiova plant restarted operations on Monday after output was stopped because of the spread of the coronavirus pandemic in March, they said. Dacia has sent around 14,000 workers home on technical unemployment and Ford also suspended activity for its 6,000 workers. During the shutdown, both […]
Ford makes face masks, face shields in the UK to allow workers in Europe to work safely
Ford Motor is producing face masks in the U.K. and face shields at other Ford plants in Europe as part of initiatives to provide a safe working environment for workers performing essential roles at Ford facilities in Europe during the COVID-19 coronavirus crisis. Production of personal protective equipment is currently underway at Ford centers in […]
Ford wants to resume U.S. car plants if it can convince union
Ford Motor on Thursday outlined the safety measures it will institute to resume its most profitable U.S. plants during the ongoing coronavirus crisis, expanding on similar efforts by General Motors and Fiat Chrysler Automobiles (FCA) to convince leaders of the United Auto Workers (UAW) union to send members back to work. The UAW has until […]
