Ford Motor on Wednesday stated it was closing its oldest plant in Brazil later in the day as scheduled, with prospects for saving any of the jobs in doubt as talks with a possible buyer have fallen behind schedule. The plant, located in the industrial suburb of Sao Bernardo do Campo, produced buses and the […]
Ford
Ford to slash 450 jobs at Canada plant on Flex, Lincoln MKT production halt
Ford Motor will slash about 450 jobs at its Oakville assembly plant in Ontario, as the automaker discontinues production of the Ford Flex and Lincoln MKT, Canada’s largest private-sector union Unifor stated on Monday. Ford’s move to halt production of the crossovers comes as the company is increasing its truck and utility lineup and shedding […]
Ford cuts full-year profit outlook
Ford Motor on Wednesday slashed its forecast for operating profit for the year after a disappointing third quarter that CEO Jim Hackett blamed on higher warranty expenses, bigger discounts and weaker performance in China. Investors sold off Ford shares, which dropped 2.5% to $8.98 in after-hours trading while shares in automaker Tesla Inc surged over […]
Ford partners with Volkswagen, Amazon to build charging network for cars
Ford Motor stated on Thursday it was collaborating with Volkswagen AG and Amazon.com to give its future electric car consumers a range of charging options from highways to homes. The network of charging stations are going to be the largest in North America with 12,000 locations and over 35,000 charge plugs, Ford stated. The No. […]
Ex Ford and Tesla officials join German electric van maker
The German electric van maker StreetScooter has recruited executives from Tesla and Ford to assist drive its worldwide expansion. Peter Bardenfleth-Hansen, who worked in Tesla’s first European Tesla team, and Ulrich Stuhec, has joined the Streetscooter, the company stated in a news release. Streetscooter is a subsidiary of the German company Deutsche Post. Bardenfleth-Hansen is going […]
Ford self-driving cars to be introduced in Austin in 2021
Ford Motor stated on Wednesday it will include Austin, Texas, to the short list of cities where it prepares to start a commercial transportation service utilizing automated vehicles in 2021. The U.S. automaker earlier stated it would start transporting people and goods in automated vehicles in Miami and Washington. Ford’s self-driving system, currently being tested […]
Ford close to joint venture deal with Mahindra in India
Ford Motor and Mahindra & Mahindra are possibly going to sign a deal next week to form a joint venture in India, two sources informed Reuters, in a move that will see the U.S. automaker end most of its independent operations in the nation. The two companies have for months been thinking of a deal […]
Ford recalls 322,000 cars due to battery fire risk
Ford is recalling about 322,000 cars whose batteries could catch fire because of acid leakage, trade publication kfz-betrieb reported on Monday, mentioning Germany’s KBA federal motor authority. According to the report, the recall covers Mondeo, S-MAX and Galaxy vehicles made between Feb. 13, 2014 and Feb. 11, 2019, including about 101,000 cars were affected in […]
Ford warns no-deal Brexit risk has increased
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 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 […]
