Top

Tag: ford


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 […]


Industry Focus Areas, Motorized Vehicle

Ford unveils new self-driving test vehicle for 2022 launch

October 20, 2020

Via: CNBC

Ford Motor plans to launch its self-driving commercial business in 2022 with vehicles based on the Ford Escape Hybrid crossover, the company said Tuesday. The vehicles are the automaker’s fourth-generation self-driving test vehicles in partnership with Argo AI, a Pittsburgh-based […]


Industry Focus Areas, Motorized Vehicle

Ford’s Q3 vehicle sales outperform industry as demand recovers from coronavirus lockdowns

October 2, 2020

Via: CNBC

Sales of F-Series pickups and SUVs helped Ford Motor outperform its Detroit crosstown rivals as well as the broader auto industry in the third quarter. While Ford’s vehicle sales fell by just 4.9% from the same time last year, the […]


Industry Focus Areas, Motorized Vehicle

New Ford CEO Farley announces operational restructuring and executive shakeup

October 1, 2020

Via: CNBC

Ford Motor’s new CEO Jim Farley is shaking up the company’s top ranks and restructuring operations as the automaker struggles to bolster shareholder confidence and stay relevant in an increasingly competitive market. Farley, who succeeds Jim Hackett, is streamlining operations […]


Industry Focus Areas, Motorized Vehicle

Tesla is a ‘tech on wheels’ company, and that gives it room to run, trader says

September 9, 2020

Via: CNBC

Tesla may be down 30% in the past week, but don’t count the stock out, says Ascent Wealth Partners managing director Todd Gordon. The value of the stock, a frequent focus in the bull-bear debate, depends on how an investor […]


Industry Focus Areas, Motorized Vehicle

Ford tells employees buyouts are coming as it aims to cut white collar workforce by roughly 1,400

September 2, 2020

Via: CNBC

Ford Motor told employees Wednesday that it plans to trim its white collar workforce with buyouts for some salaried workers, according to an internal memo seen by CNBC. The company is hoping to voluntarily eliminate at least 1,400 jobs, spokesman […]


Industry Focus Areas, Motorized Vehicle

Why so many police cars are Fords

August 3, 2020

Via: CNBC

The Ford Motor Company is the second largest U.S. automaker, but the largest seller of police vehicles. Ford controls more than half the police vehicle market in the U.S., and has since at least 2014, the company told CNBC, citing […]