Tag: ford

July 2, 2020

Ford Motor reported Thursday that its U.S. vehicle sales in the second quarter were down 33.3%, in line with industry expectations as the coronavirus caused consumers to stay at home and dealerships and factories to shutter. Ford’s decline was less […]

June 29, 2020

DETROIT — Ford Motor Co. launched a debt relief program Monday that allows buyers of a new, used or certified pre-owned vehicle financed through the automaker’s lending arm to return it if they lose their job within a year. The […]

June 23, 2020

Ford Motor Co.’s new Ranger truck topped a ranking of vehicles that contribute most to the U.S. economy, while three Tesla Inc. models placed in the top nine. The two companies’ brands were absent from Cars.com’s top 10 last year […]

June 19, 2020

Ford began to resume U.S. production on May 18. The company said it implemented “robust safety and care measures globally to help support a safe and healthy environment for the company’s workforce.” DETROIT — Ford Motor Co. will return to […]

June 10, 2020

Ford Motor and Volkswagen plan to share production of 8 million commercial vehicles as part of an expanded alliance between the two automakers. Production of the vehicles is expected to begin as early as next year and continue through the […]

May 18, 2020

DETROIT — Even as Ford Motor Co.’s factory workers begin going back on the job this week, thousands of salaried employees might remain homebound into July. Among them is a team of a half-dozen color and materials designers who continue […]

May 13, 2020

LONDON — Ford will restart output at its two British engine factories on Monday, which means that all of the automaker’s European manufacturing sites will be in operation next week, after shutdowns due to the coronavirus outbreak. Ford built nearly […]

April 2, 2020

Ford Motor joined Fiat Chrysler and other major automakers in reporting double-digit declines in first-quarter U.S. vehicle sales as consumers shelter in place and dealerships close amid the coronavirus pandemic. Ford reported Thursday that its sales fell 12.5% through March […]

March 26, 2020

Ford Motor plans to restart production at “key” North American assembly plants as early as April 6 after shutting down the factories last week under union pressure to contain the coronavirus outbreak from spreading throughout its workforce, the company announced […]

March 24, 2020

Ford announced Tuesday it will partner with 3M and GE Healthcare to begin producing face masks and ventilators to help fill potential shortages caused by the coronavirus. Ford will work with 3M to manufacture a newly designed respirator and boost […]

March 11, 2020

Following a flawed launch of its Explorer SUV last year, Ford says production and sales of the popular vehicle are back “on track” and gaining momentum. February retail sales of Explorer were the vehicle’s best for that month since 2005 […]

March 9, 2020

Shares of the Detroit automakers plunged to 52-week lows Monday amid a wider market sell-off due to the sinking price of oil and fears about the economic fallout from the coronavirus. General Motors led the drop, falling as much as […]

February 10, 2020

Below are details on carmakers’ plans (in alphabetical order) as compiled by Reuters: BMW’s China venture with Brilliance said on February 5 the Chinese firm planned to restart production on February 17. Daimler said on February 3 it plans to […]

January 6, 2020

DETROIT — U.S. auto sales declined more than 1 percent in 2019 but topped 17 million for an unprecedented fifth consecutive year. Ford Motor Co., the final automaker to report its results, said its fourth-quarter sales slipped 1.3 percent to […]

December 17, 2019

(Reuters) – Ford Motor Co (F.N) said on Tuesday it plans to invest more than $1.45 billion at two of its manufacturing facilities in Detroit to make electric, autonomous and sports utility vehicles, and add 3,000 jobs. The No.2 U.S. […]

November 18, 2019

Ford Motor Co. is reinventing one of its marquee models — the Mustang muscle car — as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade. In a […]

November 14, 2019

(Reuters) – Ford Motor Co (F.N) will use the Mustang name, previously reserved for a muscle car, for an electric sport utility vehicle (SUV) that customers in the United States, Canada and Europe can start ordering on Nov. 17, the […]

November 7, 2019

SHANGHAI — Ford Motor Co. will consider building Ford-branded pickup trucks in China if restrictions on driving pickups in cities are relaxed. It also could roll out customized models at that time, a senior company official said. Ford was among […]

October 21, 2019

DETROIT — Ford Motor Co.’s Jim Hackett and Wall Street analysts started this year frustrated with one another. Sure, the automaker had been underperforming, but the CEO appealed for time to show he was fixing things. He assured them the […]

September 16, 2019

FRANKFURT (Reuters) – Ford could build more than one model of electric car based on Volkswagen’s (VOWG_p.DE) electric vehicle platform, Ford’s Europe Chief Stuart Rowley told German daily Handelsblatt. To make only one model made no sense financially, and a […]