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FORD VALENCIA PLANT
China's Geely used 800 engineers and AI to create a modular EV manufacturing system; Ford is now applying it in Spain, aiming to slash development time and costs by half without building the system itselfFor decades, Western automakers entered Chinese joint ventures primarily to secure access to local buyers. That dynamic has quietly inverte...- Ford raises annual profit forecast again as truck demand stays strongFord Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensi...
- Ford and Geely in talks for manufacturing, technology partnership, sources sayThe companies are in talks to have Geely use Ford factory space in Europe to produce vehicles for the region, three people familiar with th...
- Ford plans further job cuts in Europe, German works council saysFord Germany did not immediately respond to Reuters' request for comment. Ford has already halfway completed its previous restructuring pla...
- Volkswagen to invest in mines in bid to become global battery supplierEurope's biggest carmaker wants its battery unit PowerCo to become a global battery supplier, not just produce for Volkswagen's own needs, ...
- Ford to layoff 3,800 employees in engineering, administration in EuropeAround 2,300 jobs will go at the carmaker's Cologne and Aachen sites in Germany, 1,300 in the UK and 200 in the rest of Europe, the company...
- Ford, General Motors to cut Spain staff: ReportFord and General Motors are both set to cut jobs at their plants in Spain, where demand for cars has plummeted in a slowing economy.
- Ford begins production of new Fiesta in GermanyFord Motor Co. said on Thursday it has begun production of its new subcompact Fiesta at a plant in Germany.
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