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The Latest Breaking News from Ford Motor Co

Ford sales up 22% in February on better inventory flow

Ford Motor Co.'s U.S. sales rose 22% year-over-year in February, bolstered by a healthier flow of new-vehicle inventory.

Tribune News Service

Ford launches new automated driving tech subsidiary

Ford Motor Co. on Thursday announced the formation of a unit that will develop automated driving technology for the automaker's vehicles.

Tribune News Service

Postal Service taps Ford to build more than 9,000 electric delivery trucks

WASHINGTON — The United States Postal Service awarded a competitive contract Tuesday to Ford Motor Co. for 9,250 battery-electric vehicles.

Tribune News Service

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Post office buys 9,250 electric vans, 14,000 charge stations

The U.S. Postal Service is buying 9,250 Ford Motor Co. electric vans and 14,000 charging stations as part of a move to switch its fleet to electric vehicles

The Independent UK

Ford only Detroit automaker to make Consumer Reports' 'Top Picks' list

Ford Motor Co. is once again the only Detroit automaker to make this year's "Top Picks" list by Consumer Reports.

Tribune News Service

How years of tricky talks sealed Ford’s deal with a Chinese battery maker

For executives on both sides of the Pacific, Ford Motor Co.’s controversial deal to build a $3.5 billion electric-vehicle battery plant in Michigan using Chinese technology was the finale of a high-wire act that began two years ago.

Tribune News Service

Ford F-150 Lightning fire prompts production halt

Ford Motor Co. confirmed Wednesday that a vehicle fire prompted a production stoppage on the all-electric F-150 Lightning.

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After earnings miss, Ford execs discuss how to fix $7B-$8B cost disadvantage

Ford Motor Co. executives on Wednesday provided greater insight into costs that are weighing on the Dearborn automaker's financial results, with CEO Jim Farley saying "fundamental change" is needed, especially around how vehicles are engineered, sourced and built.

Tribune News Service

Ford to cut 3,800 jobs in Europe amid shift to EV future

Ford Motor Co. plans to cut 3,800 jobs in Europe, a move the Dearborn automaker announced Tuesday as part of a broader effort to revitalize its Europe business amid "rapidly changing market conditions" and an increasingly competitive electric-vehicle market.

Tribune News Service

Ford chooses US for federal incentives. Experts say it's just the beginning

WASHINGTON — Ford Motor Co. first considered sites in Canada, Mexico and elsewhere for the $3.5 billion battery plant it plans to build in Michigan, company officials said Monday, but hefty new incentives in the Inflation Reduction Act pushed them to choose the United States.

Tribune News Service

Ford details $3.5 billion electric vehicle battery plant to be built in Michigan

ROMULUS, Michgan — Ford Motor Co. signaled Monday that Michigan will play a central role in the Dearborn automaker's bid to secure its electric-vehicle supply chain and diversify its battery technologies.

Tribune News Service

Ford and Chinese giant team up on EV batteries

Ford Motor Co and China-based CATL — the world’s biggest electric vehicle battery maker — are reportedly planning to build an EV battery plant in Michigan, capping a months-long search that became mired in tensions between the US and China.

Bangkok Post

Ford to announce $2.5B battery plant in Michigan with Chinese partner

Ford Motor Co. on Monday is expected to detail a multi-billion-dollar investment with a Chinese company to build an electric-vehicle battery plant on a site in mid-Michigan, The Detroit News has confirmed.

Tribune News Service

Ford to launch Formula 1 comeback after 20 years

Ford Motor Co. on Friday is returning to Formula 1 after more than 20 years, and just weeks after crosstown rival General Motors Co. said it was joining forces with Andretti Global to launch a bid to compete in one of the world's most prestigious motor races.

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Ford hourly workers to get $9K in profit sharing despite headwinds

Ford Motor Co. will pay profit-sharing bonuses of up to $9,176 to hourly autoworkers in the U.S. for 2022, the automaker said Thursday.

Tribune News Service

Ford posts $2 billion loss in 2022

Ford Motor Co. posted a $2 billion net loss last year, down from 2021's $17.9 billion in profits that had been bolstered by gains on the automaker's investment in electric-vehicle startup Rivian Automotive Inc.

Reuters

Yellen lauds Ford's 100-year history in South Africa, flags more investments

U.S. Treasury Secretary Janet Yellen on Thursday lauded the Ford Motor Co's 100-year history of assembling vehicles in South Africa and underscored Washington's resolve to expand trade ties with countries that it "can count on," including South Africa.

Tribune News Service

Ford's BlueCruise automated driving system tops Consumer Reports study

Ford Motor Co.'s BlueCruise active driving assistance (ADA) system has surpassed General Motors Co.'s SuperCruise and Tesla Inc.'s Autopilot to achieve the top spot in a Consumer Reports' study of 12 of the ADA systems released Wednesday.

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Tribune News Service

Virginia governor scraps Ford's bid for EV battery plant with Chinese partner

A Ford Motor Co. battery plant investment sought by Michigan and Virginia that would have created roughly 2,500 jobs was rejected by Virginia Gov. Glenn Youngkin, a potential Republican candidate for president, over his objections to the involvement of a Chinese partner.

Zenger

‘God, We Were Lucky’: Ford CEO Shares Family Tidbit About Chris Farley And ‘Tommy Boy’

Some knew that Jim Farley was the cousin of the late movie star Chris Farley and former professional hockey player Tripp Tracy.

Tribune News Service

Will Ram's electric truck be a 'revolution'? Here's where its concept stands

LAS VEGAS — The "Ram Revolution" has arrived.

Tribune News Service

Ford closes 2022 as No. 2 EV maker as sales slip 2.2%

Ford Motor Co.'s U.S. sales slipped 2.2% year-over-year in 2022, amid the auto industry's worst sales showing in a decade.

Tribune News Service

'Target on its back:' How Tesla's woes could benefit competitors like GM, Ford

After Tesla Inc.'s shares closed their worst year ever, they continued to fall Thursday — a clear signal of investor concerns swirling around the leading electric-vehicle maker even as competitors like General Motors Co. and Ford Motor Co. look to steal some of its business in 2023.

Tribune News Service

Ford F-Series claims 'best-selling truck' title for 46th year

Ahead of the release of full-year sales results for the automotive industry later this week, Ford Motor Co. on Tuesday said that its flagship F-Series pickup truck lineup retained its titles as the best-selling truck and best-selling vehicle in the U.S.

Tribune News Service

Ford again hikes price on F-150 Lightning base models

Ford Motor Co. has again raised the price of the all-electric F-150 Lightning's base models, the Dearborn automaker confirmed Thursday.

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