Ford in talks with German employees about possible Saarlouis job cuts
Ford stated it had begin negotiations with German worker representatives regarding possible job cuts at its Saarlouis plant as the automaker considers discontinuing production of its Ford C-Max model. “We can confirm that we are moving into formal negotiations with our Works Council with the objective of ending production of C-Max/Grand C-Max at Saarlouis,” Ford
- Published in Ford
Volkswagen may use Ford’s plants in U.S. for building cars
Volkswagen’s chief executive stated on Tuesday following a meeting at the White House that the German automaker was making an alliance with Ford Motor and might use the U.S. automaker’s capacity to build cars. VW CEO Herbert Diess stated the company was further “considering building a second car plant” in the United States, adding, “We
- Published in Ford, Volkswagen
General Motors moves to challenge rivals in U.S. commercial fleet sales
General Motors is strengthening its competition with rival Ford Motor’s lead in sales to U.S. commercial fleets to prop up profit targets amid slowing consumer demand, according to executives at the No. 1 U.S. automaker. GM is counting on new medium-duty Silverados – equipped as tow trucks, utility bucket trucks and delivery trucks – to
- Published in Ford, General Motors
U.S. November car sales see positive results
Holiday season deals propped up U.S. auto sales in November, limiting the scale of yearly decline at some automakers and putting total figures on course to top experts’ expectations, numbers from several top producers revealed on Monday. No.1 automaker General Motors posted an approximately 1 percent increase in sales, according to a source knowledgeable with
- Published in American, Ford, General Motors
Ford backs PM May’s Brexit plan to prevent no-deal ‘catastrophe’
Ford Motor backed UK Prime Minister Theresa May’s Brexit deal on Thursday to prevent a no-deal “catastrophe,” but stated she still required to guarantee long-term frictionless trade, which is important to the future of its plants in Britain. Ford Europe boss Steven Armstrong informed Reuters the company was thinking about importing more vehicles into Britain
- Published in Ford
Ford to reshuffle U.S. plants to strengthen SUV, truck production
Ford Motor stated it will reshuffle employees at several of its plants to fulfill increasing demand for pickup trucks and large SUVs, a procedure that will need finding new positions for 150 workers displaced by the modifications but not result in job cuts. The changes also will not need addition of new jobs. Ford said
- Published in Ford
Ford, Walmart to collaborate on designing automated vehicle delivery
Ford Motor and Walmart and delivery service Postmates Inc will work together to design a service for providing groceries and other goods to Walmart clients that could someday use autonomous vehicles, the companies stated on Wednesday. The project is the recent to develop out of Ford’s wider effort to develop businesses that could use automated
- Published in Ford
Ford’s China partner Zotye is ready to sell SUVs in U.S. in 2020
Zotye Automobile, that is partnered in China with American automaker Ford Motor, stated on Tuesday it planned to start selling SUVs in the United States in 2020. A Zotye spokesman stated Ford is uninvolved in the Chinese automaker’s U.S. distribution strategies. Ford has not commented yet. In China, Ford had tapped Zotye to offer lower-priced
- Published in Ford
Ford to buy electric scooter startup Spin
Ford Motor stated it will join the rising micro-mobility movement with the acquisition of 2-year-old Spin, an electric scooter rental firm from San Francisco. Ford is one of the first to enter the sector. The automaker will invest about $200 million in Spin. The purchase price is lowered by investments in Lime and Bird, the
- Published in Ford
U.S. ends safety investigation into almost 50,000 U.S. Ford police vehicles
The National Highway Traffic Safety Administration is ending an investigation into almost 50,000 Ford Motor Explorer Police Interceptor vehicles regarding the reports of sudden brake failures, it stated on Tuesday, without seeking a recall. The investigation, started in April 2015, was prompted by reported incidents of front brake hose failure in 2015 Ford Explorer Police
- Published in Ford
Ford goes local in India, looks for bigger share of competitive market
Ford Motor made a profit in India for the first time in ten years in the last fiscal year, indicating that a strategy conceived two years earlier by the U.S. automaker for one of the world’s most competitive car markets is beginning to show some success. Under an initiative named the Emerging Market Operating Model
- Published in Ford
Volkswagen and Ford in talks about self-driving and electric vehicles
Volkswagen and Ford Motor are in talks to jointly develop self-driving and electric automobiles in a far-reaching strategic alliance supposed to save the companies billions of dollars, according to a person knowledgeable with the matter. The German and U.S. automakers are expected to give an update on the progress of the discussions before year end,
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Ford Motor and Baidu to launch self-driving road tests in China
Ford Motor and Baidu Inc started a two-year project on Wednesday to test self-driving automobiles on Chinese roads, in middle of a global race by automakers and internet firms to develop autonomous vehicle technology. The project will begin testing on designated roads in Beijing by the end of this year, and possibly other Chinese areas,
Ford recalls almost 1.5 million vehicles due to engine stall issue
Ford Motor stated Thursday it will recall almost 1.5 million cars in North America to address a defective part that could lead to engine stalls. The second largest U.S. automaker stated it is calling back 2012 through 2018 model year Ford Focus cars that have 2.0-liter GDI and 2.0-liter GTDI engines for a malfunctioning valve
- Published in Ford
Ford third-quarter profit beats estimates, shares boosts
Ford Motor on Wednesday reported little bit higher than expected third-quarter profit and stuck to its targets for 2018, raising investor hopes for a solid fourth quarter and sending its shares about as much as 7 percent after-hours. Profit was down as high commodity costs and a China sales tumbled partially offset strong demand for
- Published in Ford