Ford Motor will invest $2 billion and create 3,200 new jobs in Michigan as it looks forward to increasing electric vehicle production, the automaker said
Category: Ford
Category covering all articles related to Ford automobiles.
Ford Motor is recalling 39,000 SUVs after reports of 16 fires, the automaker said on Thursday. The automaker has advised owners to park their vehicles
Ford Motor sold 7 million shares of electric automaker Rivian Automotive Inc (RIVN.O) for about $188.2 million, or $26.88 per share, the U.S. automaker said
Ford Motor sold eight million shares of electric automaker Rivian Automotive for $214 million, or $26.80 apiece, the automaker noted in a filing on Tuesday.
Ford Motor on Thursday said it will halt production next week at its plant in Flat Rock, Michigan because of a shortage of semiconductor chips.
Ford Motor on Tuesday started regular production of its F-150 Lightning electric pickup truck. Ford workers, top executives, and a group of F-150 Lightning consumers
Penske Truck Leasing made an order of 750 of Ford Motor’s electric E-Transit cargo vans, the unit of Penske Automotive said on Monday. The move
Ford Motor said on Monday it signed a preliminary deal to purchase lithium from a Lake Resources NL facility in Argentina, marking the first time
Ford Otosan, the Turkish joint venture of Ford Motor, said has started production of its all-electric Ford Transit model under a 2 billion euro ($2.2
Ford Motor and General Motors will each halt production this week at a Michigan plant because of parts shortages, the two automakers said separately on
Ford Motor said on Monday vehicle production and orders in Europe have been hit by the ongoing worldwide semiconductor shortage and the military conflict in
Ford Motor said this week it would halt retail orders for the Maverick as it did not have the capacity to satisfy overwhelming demand. The
Ford Motor’s fourth-quarter results include an $8.2 billion gain on its investment in Rivian Automotive, after the electric automaker’s market debut in November. Rivian had
Ford Motor’s market value surpassed $100 billion for the first time last week as more investors bet on the automaker’s shift to electric vehicles. Ford
Ford Motor saw a 6.8% decline in 2021 U.S. vehicle sales due to supply-chain bottlenecks and a global chip shortage crisis. The automaker sold 1,905,955
