The Latest Breaking News from Jim Farley

The Inflation Reduction Act adds a tax credit of up to $7,500 for light commercial EVs from 2023, with no restrictions on battery sourcing or manufacturing.

Imagine this morning commute: You're in the car, sipping coffee with one hand and browsing the morning news with the other. In fact, you’re in the driver’s seat but you're not steering. The streets are safe and accident-free; traffic flows smoothly. You’re so glad someone invented autonomous cars.

The automaker has just given a death kiss to a technology that was hyped by the auto sector until recently.

Ford Motor Co. posted an $827 million loss in the third quarter, dragged down by costs associated with the shutdown of a self-driving vehicle technology company the Blue Oval backed as a major investor.

New York (AFP) - Ford announced Wednesday it is ending an autonomous driving program with Volkswagen, resulting in quarterly loss, as the auto giants retreat from a joint venture that had sought to revolutionize transport.

“Winning for customers is driving a re-founding of the company through Ford+, with high ambitions for quality, innovation, profitability and growth," said CEO Jim Farley.

CEO Jim Farley announced this on Twitter and said the electric F-150 is "lightning fast;" the automaker had initially targeted a 0-60 time of 4.5 seconds.

Many people in California love their EVs, and the state has announced banning new gas car sales beginning in 2035. Will Tesla still lead in 10 years or more?

Ford Motor Co. on Thursday announced changes within its leadership ranks around product development and supply chain management that include expanded roles for some executives and new hires with Silicon Valley backgrounds.

Now on its seventh iteration, the Mustang is soldiering on amid the age of electrification.

Ford CEO Jim Farley said the Mustang Mach-E's popularity gave Ford more flexibility to carry forward with gas-powered models such as the 2024 Mustang.