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Ford Motor’s U.S. sales chief stated on Thursday the automaker believes some level of government encouragement will be needed for consumers once the coronavirus pandemic is diminished and that the
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Britain has placed an order for 10,000 ventilators which will be made by a consortium of companies consisting of Ford Motor, Airbus and Rolls-Royce as part of efforts to battle
Ford Motor stated on Monday it will produce 50,000 ventilators during the next 100 days at a plant located in Michigan. The automaker will cooperate with General Electric’s healthcare unit,
U.S. President Donald Trump stated on Sunday that American automakers such as Ford Motor, General Motors and Tesla Inc have been given the green light in making ventilators and other
American automakers General Motors, Ford Motor and Fiat Chrysler Automobiles (FCA) are forming a coronavirus task force together with the United Auto Workers (UAW) union to enhance protections for their
American automakers General Motors and Ford Motor stated on Friday they will have majority of their white-collar workforce operating remotely as of Monday to protect against the increase of the
Ford Motor informed workers that it is restricting all company travel to only important operations through March 27 as it takes steps in response to the spread of the coronavirus.
Ford will pay no less than $30 million in a proposed settlement concerning a class-action lawsuit associated with failing transmissions in its Fiesta and Focus vehicles. The lawsuit represents almost
Ford Motor stated on Wednesday its fourth-quarter results will be impacted by a pre-tax loss of about $2.2 billion because of higher contributions to its employees pension plans. The charge
Electric vehicle startup Rivian stated on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also involved other existing investors such as online
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