Ford forced to idle multiple US plants on China magnet shortageFord faced factory shutdowns in the US recently. This happened because of a shortage of rare earth minerals. These minerals are vital for c...
Ford CEO slams Trump tariffs- 'A lot of cost, a lot of chaos' but...Ford CEO Jim Farley stated that tariffs proposed by President Trump have resulted in increased costs and chaos for the company, despite the...
Ford's CEO ditches his own brand for this Chinese EVFord CEO Jim Farley recently surprised listeners by revealing his daily drive isn’t from his own company but a new EV from a Chinese tech b...
Ford cutting several hundred white-collar jobs to reduce cost amid transition to electric vehiclesThe company has reorganized itself into three business units, Ford Model e for electric vehicles, Ford Blue for vehicles with combustion en...
Ford CEO says EV cost parity may not come until after 2030Ford Chief Executive Jim Farley on Wednesday said that electric vehicles may not reach cost parity with internal combustion engine vehicles...
Ford CEO Jim Farley says Tesla Superchargers may become the standard for EV chargingFarley added that General Motors and other automakers are going to "have a big choice to make" in selecting between Tesla's EV chargers and...
Ford CEO says Tesla Superchargers may become the standard for EV chargingFord CEO Jim Farley said Tesla's Superchargers may become the standard for EV charging in the U.S., a day after the Michigan-based company ...
Elon Musk's price cuts show challenge for Tesla's product strategy: Ford CEO Jim FarleyFord Chief Executive Jim Farley said Tesla's price cuts underscore intense competition in the two-row crossover or SUV segment of the auto ...
Ford to cut prices of Mustang Mach-E, raise production after Tesla price cutsFORD-MUSTANG/ (UPDATE 2, PIX)UPDATE 2-Ford to cut prices of Mustang Mach-E, raise production after Tesla price cuts
Ford cutting 3,000 white-collar jobs in bid to lower costsThe cuts represent about 6% of the 31,000 full-time salaried work force in the U.S. and Canada. Ford's 56,000 union factory workers are not...
Ford may slash ad spending, revamp dealers to boost EV profit, CEO saysThe shift from internal combustion vehicles to EVs is "the most exciting land grab in our industry since the Model T" introduced by Henry F...
Ford plans to address concerns raised by dealers about separation of its legacy business and EV divisionWith the objective of soothing the dealer's concerns due to the growing confusion regarding Fords' decision to split the legacy gas-vehicle...
Ford to run EV unit separately as competition heats upThe automaker said Wednesday that its plan includes two distinct, but strategically interdependent, auto businesses - Ford Blue focusing on...
Ford boosts EV spending, aims to have 40% of volume all-electric by 2030Under a plan dubbed "Ford+," the No. 2 U.S. automaker said it now expects to spend more than $30 billion on electrification, including batt...
Ford redesigning parts to use more accessible chips, weighing direct deals with chip foundriesJim Farley, speaking at Ford's online annual shareholder meeting, also said the company is weighing other strategies for the future, includ...
Ford announces Jim Farley as new CEO as it eyes bigger electric pushHackett, 65, will hand over the job to Farley, 58, on October 1, but stay on as a special advisor through March 2021. Hackett joined Ford i...
Ford EMEA chief and global marketing head to switch jobs: Company source"The idea here is to give a 'fresh eyes' approach both to EMEA and global marketing, without tearing up everything."