Ford has warned that the chances of a no-deal Brexit has increased in the last few months as new Prime Minister Boris Johnson ramps up his plans for a possible disorderly exit in October. The U.S. automaker operates two engine plants in Britain, among which it is planning to shut down because of falling demand […]
Ford
Ford recalls 1.3 million vehicles for suspension, transmission issues
Ford is recalling more than 1.3 million vehicles mostly in North America to repair rear suspension and transmission control software problems. The largest recall covers more than 1.2 million Explorer SUVs from 2011 through 2017. Ford states a rear suspension toe link can break if the suspension relocates a lot. That can limit steering control. […]
Ford to build more Lincolns for Chinese market regionally
Ford Motor prepares to start production of new luxury Lincoln models in China for that sector as they are launched, beginning with the new Corsair later this year, to take advantage of lower costs and avoid the risk of tariffs, a top executive stated on Monday. “It’s a huge, huge opportunity for Lincoln because we […]
Ford announces thousands of workers to be laid off
Ford workers were informed by letter on Monday that 500 salaried employees are getting laid off and will have to clean out their desks by the end of the week. And that’s just the first of a wave of layoffs in the country that is expected to impact 800 by the end of June and […]
Ford Motor recalls 270,000 Fusion cars to fix a glitch
Glitch can cause the vehicles to roll away if the parking brake is not applied. Ford Motor stated Wednesday that it is recalling over 270,000 Fusion vehicles in North America to repair a transmission glitch that can lead the car to shift gears and roll away. The recall covers 2013-16 Fusion vehicles having 2.5-liter engines that […]
Ford prepares to take medical transport venture
Ford Motor prepares to broaden its GoRide medical transportation service to 40 cities in the US over the next four years, placing their projects into Ohio and Florida this year and other major states by 2020, the company stated on Tuesday. The automaker has been testing various methods to grow beyond its conventional business of […]
Ford prepares to take medical transport venture nationwide
Ford Motor prepares to expand its GoRide medical transportation service to 40 cities in the US over the next four years, getting into Ohio and Florida this year and other large states by 2020, the company stated on Tuesday. The automaker has been testing different ways to grow beyond its conventional business of building and […]
Ford partners with Amazon to permit package deliveries to owners’ cars
Ford Motor stated on Tuesday it partnered with Amazon.com Inc to permit members of the ecommerce company’s loyalty club Prime to deliver packages to their vehicles when they are not at home. In 2018, the world’s largest online retailer started presenting a program in the United States to deliver packages to its members’ parked vehicles, […]
Ford reaches agreement with employees at Brazilian plant it plans to shut down
Ford Motor stated on Tuesday it had reached an agreement with the workers’ union at a historic Brazil plant it prepares to close by the end of the year, making the way for a friendly shutdown or potential takeover by a regional buyer. The agreement would permit for Ford’s employees to transition from employment with […]
U.S. starts criminal investigation into Ford emissions certification
The U.S. Justice Department has started a criminal investigation into Ford Motor’s emissions certification process in the country, the automaker revealed on Friday, saying it was working with the probe and still carrying out its own internal review. Ford stated the Justice Department had informed it earlier this month of the criminal investigation, which made […]
Ford more confident of better results in 2019
Ford Motor on Thursday posted a better-than-expected first quarter mainly because of strong pickup truck sales in its major U.S. market and stated it was more confident in its forecast 2019 would bring improved results than 2018. The first-quarter results sent boost in Ford’s shares about as much as 8 percent in after-market trading. CFO […]
Ford to put $500 million into electric vehicle startup Rivian
Ford Motor stated on Wednesday it is going to invest $500 million in U.S. electric vehicle startup Rivian Automotive LLC, joining Amazon.com Inc in supporting the possible competitor to Silicon Valley’s Tesla Inc. Ford stated it will use Rivian’s “skateboard” – a chassis that bundles electric motor, batteries, and controls – to make a new […]
Ford Will Pay Out $200M to Laid-Off Russian Employees
Ford will pay around $200 million in cash to employees and providers who lose their jobs when the company shuts down three of its plants in Russia in June, the company stated. The U.S. automaker is shutting down two assembly plants and one engine factory as it states the passenger vehicle market in Russia is […]
Electric Ford Bronco revealed with shocking price
The Ford Bronco is being rebooted. Not just by Ford, that has an all-new version on the way in 2020, but also by Zero Labs, a startup boutique builder based in Los Angeles that’s transformed the original Bronco into an electric luxury vehicle. The truck appears much like the first generation model, and is even […]
Mahindra signs deal with Ford for midsize SUVs in India
Indian automaker Mahindra and Mahindra Ltd signed a deal with Ford Motor’s Indian unit to jointly develop midsize sports utility vehicles (SUV) in India, the company stated on Thursday. Ford and affiliate companies will spend 6.80 billion rupees ($97.97 million) for the construction of the vehicles for the duration of 10 years, Mahindra stated.
