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Tag: ford


Industry Focus Areas, Motorized Vehicle

Ford invests $1 billion in German plant, targets move to ‘all-electric’ passenger vehicles in Europe by 2030

February 17, 2021

Via: CNBC

Ford is investing $1 billion in an electric vehicle production facility in Cologne, Germany, with the European arm of the automotive giant committing to go “all-in” on electric vehicles in the years ahead. In plans announced Wednesday morning, Ford said […]


Industry Focus Areas, Motorized Vehicle

Wall Street wrestles with how to value 100-year-old GM, Ford as automaking goes all-in on EVs

February 5, 2021

Via: CNBC

With President Biden dedicated to pushing electric vehicles as part of both his climate and trade policies, coupled with hot financial markets ready to finance nearly anything green, pressure is building on automakers to go beyond nibbling at the edges […]


Industry Focus Areas, Motorized Vehicle, Process, Production

Ford Cutting F-150 Pickup Production Due to Chip Shortage

February 4, 2021

Via: The Wall Street Journal

A global semiconductor shortage is expected to slash Ford Motor Co.’s vehicle output by up to 20% in the first quarter of this year, illustrating how deeply the fallout from the computer-chip crunch has hit the car business. Ford said […]


Industry Focus Areas, Motorized Vehicle

Ford, GM Stocks Rally on Electric-Vehicle Enthusiasm

January 21, 2021

Via: The Wall Street Journal

After years of shunning the U.S.’s two largest car companies, investors are finally starting to kick the tires on General Motors Co. and Ford Motor Co. Ford shares have surged about 20% this week and have risen about 35% in […]


Industry Focus Areas, Motorized Vehicle

Ford sales boss LaNeve leaving company; Andrew Frick promoted

January 4, 2021

Via: Automotive News

Ford Motor Co. said Monday that Mark LaNeve, vice president of U.S. marketing, sales and service since 2015, is leaving the company effective immediately to pursue the “next chapter of his professional life.” He will be replaced by Andrew Frick, […]


Industry Focus Areas, Motorized Vehicle

Ford’s battery bet says automotive testing will start in 2022

December 10, 2020

Via: Automotive News

Solid Power, a battery startup backed by Ford Motor Co., said it’s on track to begin testing solid-state batteries for automotive production in early 2022, a signal it eventually could help established car companies move ahead in the EV space. […]


Industry Focus Areas, Motorized Vehicle

The Automotive Industry and Electric Vehicles

December 3, 2020

Via: Industry Today

The automobile industry is undergoing a massive transition process in the past few years. And in recent days, it has gotten even faster and the future seems to be so good. Now, to be honest, this change must have been […]


Industry Focus Areas, Motorized Vehicle

Ford’s November sales down 21% due to F-150 pickup supply and production

December 2, 2020

Via: CNBC

Tight inventory levels of Ford Motor’s F-150 pickup due to pandemic-related plant shutdowns earlier this year and production starting for a redesigned model led to a 20.9% decrease in the automaker’s sales in November, the company said Wednesday. The Detroit […]


Industry Focus Areas, Motorized Vehicle, Process, Production

Ford picks German plant to build new EV, reports say

November 30, 2020

Via: Automotive News

Ford Motor Co. has chosen its factory in Cologne, Germany, to build a mass-market electric car based on Volkswagen Group’s MEB electric architecture, local media reports said. The automaker will invest 1 billion euros ($1.2 billion) into the factory for […]


Industry Focus Areas, Motorized Vehicle

Ford’s new CEO promises investors more transparency, reports October sales declined 6.1%

November 4, 2020

Via: CNBC

Ford Motor will release its U.S. vehicle sales on a monthly basis as well as quarterly after the company’s new CEO Jim Farley promised Wall Street greater transparency. The decision comes more than a year after the Detroit automaker followed […]