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The Latest Breaking News from Jim Farley

Ford cutting 3,000 white-collar jobs in bid to lower costs

Ford Motor Co. is cutting about 3,000 white-collar workers as it moves reduce costs and make the transition from internal combustion to electric vehicles

The Independent UK

Ford CEO Explains F-150 Lightning Price Hikes

Jim Farley does not expect the cost of raw materials for electric vehicle batteries to ease in the near future, which is why price hikes will continue.

InsideEVs

Elon Musk Claps Back At Ford CEO's Tesla Pickup Truck Jab: Here's The Fight

Ford Motor Co.’s (NYSE: F) Jim Farley recently took a potshot at Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk.

Benzinga

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read the most diverse news in one place.

Ford CEO Jim Farley Talking F-150 Lightning: "Take That Elon Musk"

The Tesla Cybertruck has been delayed and hasn't yet come to market, and the Ford F-150 Lightning is the leader in electric pickup trucks. Farley reminds Musk.

InsideEVs

Jimmy Fallon Visits Ford F-150 Lightning Factory, Hits Track With Farley

Fallon and Farley have a connection people may be unaware of. Comedian Chris Farley, CEO Jim's late cousin, starred on Saturday Night Live along with Fallon.

InsideEVs

At Ford, Quality Is Now Problem 1

Josh Halliburton joined Ford Motor Co. in January to help improve its shaky quality record. Within months it was clear how big a challenge he faced.

Bangkok Post

New Ford Super Duty Will Debut In The Fall

Ford CEO confirms the new heavy-duty truck is just around the corner.

Motor1

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Ford executives address 'sweeping strategic change' as company reports Q2 earnings growth

Don't mistake the changes underway at Ford Motor Co. as the "indiscriminate" cost cuts of eras past, executives said Wednesday.

Tribune News Service

2024 Ford Mustang Confirmed For Sept. 14 Debut At Detroit Auto Show

The seventh-generation Mustang will still pack a V8 punch and offer a six-speed manual transmission.

Motor1

Ford Said To Plan 8,000 Job Cuts At ICE Unit To Fund EV Push

The job cuts are expected to come among salaried employees in a variety of operational functions and are likely to begin this summer, sources told Bloomberg.

InsideEVs

Two high-level Ford execs to retire; former Amazon exec joining the company

Two high-level Ford Motor Co. executives — Hau Thai-Tang and Frederiek Toney — are retiring later this year, the Dearborn automaker announced Thursday.

Tribune News Service

After F-150 Lightning's Success, Ford Could Launch EV Versions Of These Models

One of the largest traditional automotive companies has seen early success with a transition to electric vehicles. The company recently filed several trademarks for new brand names that suggest it could be transitioning several of its existing gas-powered vehicles to new electric vehicle models.

Benzinga

Ford Trademarks Maverick Lightning, Ranger Lightning Names In Europe

Ford made no secret of its plans to expand the brand's all-electric pickup truck lineup, and this appears to be the first official step in that direction.

InsideEVs

'Black eye for the company': How Ford is fixing spate of quality problems

Kevin Mamajek already had waited nearly eight months for his Mustang Mach-E when he got a call from the dealership telling him he'd have to wait a little longer.

Tribune News Service

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Motor1

Ford CEO Jim Farley Gets Podium Finish At Le Mans Classic In A GT40

The Blue Oval boss finished second in class at the prestigious event.

InsideEVs

Ford's Farley Says Early Mustang Mach-E Design Looked Like Prius

When Ford's Jim Farley saw an early design sketch of the Mustang Mach-E, it reminded him of a Toyota Prius. The idea was scrapped, and designers started over.

InsideEVs

Watch 2023 Ford F-150 Lightning Charge Teslas At Supercharger Site

The charging speeds are not spectacular and compare to Level 1 home charging; but any charging speed is good when your Tesla won't move anymore.

Motor1

Ford Sticking With Plans To Have Non-Negotiable EV Prices Online

Ford executives clarified the online EV-selling model, saying that some of their goals were misinterpreted.

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InsideEVs

Jim Farley: Ford Is Not Trolling Tesla With Adapter, "Just Helpful"

CEO dismissed speculation that Ford is intentionally trolling the world's biggest EV maker by including an adapter that could charge a stranded Tesla.

Benzinga

Musk's Brash Communication Hits Tesla Shares, Nio And Chinese Peers Weather Lockdowns, GM Pushes Bolt Sales: EV Industry Week Highlights

Electric vehicle stocks retreated along with the broader market in the week ending June 3, with Tesla, Inc. (NASDAQ: TSLA) leading the declines. The broader market paused for a breather after the previous week's back-end rally.

Reason

GM Slashes Prices for Its Electric Vehicles (To Compete With Tesla)

You can thank robust competition for the fact that environmentally friendly cars are easier than ever to afford.

InsideEVs

Ford CEO Thinks Automotive Industry Is Headed For “A Shakeout”

Jim Farley believes that it is Chinese automakers that have everything to gain from this rebalancing of power on the global car building scene.

Motor1

Ford CEO Wants Vehicles Sold Online Only With Non-Negotiable Pricing

He spoke at length about consolidation and change in the auto industry at Bernstein's 38th Annual Strategic Decisions Conference.

InsideEVs

Ford CEO Forecasts $25,000 EV Price War, Brand's Future EVs Sold Online

Ford CEO Jim Farley has been vocal of late, and he's willing to admit he's learning from Tesla. To beat Tesla, the legacy automaker is planning major changes.

Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, June 2

Reuters

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