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Tag: Ford

Ford plunges 18.4%, worst day since 2008, after profit miss

Ford shares plunged nearly 20% on Thursday after the carmaker missed Wall Street profit expectations, marking the auto giant’s worst one-day drop in two decades. The Detroit-based automaker said late Wednesday that its second-quarter operating profit was $2.8 billion, down 26% from $3.8 billion in the second quarter of 2023, as it struggles with quality-related […]

GM, Ford may see profit hit amid cooling EV demand, US dealer software problems

Ryan Payne, President of Payne Capital Management, appeared on “Mornings with Maria” to explain the latest data on the auto industry. General Motors Co and Ford Co could report lower profits in quarterly results this week as the industry’s big bet on electric vehicles fails to pay off and a cyberattack on a critical computer […]

Ford expands F-series truck production, raising questions about EV commitment

Ford announced that it will expand the production of its popular F-series truck, with the production boost set to begin in 2026. The expansion will see Ford invest $3 billion toward the production of its Super Duty pickups, with $2.3 billion going toward installing assembly operations at Ford’s Oakville Assembly Complex in Ontario, Canada. The […]

Ford Expanding Production of Profitable Trucks at Plant Meant for EVs

Ford Motor Co. is expanding production of its higher-margin gasoline-powered Super Duty pickup trucks at its Oakville, Ontario, assembly plant, which was meant to be an all-electric plant making only electric vehicles. On Thursday, Ford CEO Jim Farley Announced The company said it will invest $3 billion to expand production of its F-Series Super Duty […]

Bengals’ Cody Ford faces cheating allegations from ex after split

Cincinnati Bengals offensive lineman Cody Ford is a relative unknown in the NFL world. Ford was a second-round draft pick by the Buffalo Bills in 2019. He played 38 games with Buffalo, most of them as starts, in his rookie season, but lost his starting spot due to injury and subsequently left the team. He […]

How influencer discovered NFL fiancé Cody Ford was cheating

More details have emerged about one of the NFL’s most recent off-field controversies. On Thursday, influencer Tiana Robillard, who got engaged to Cincinnati Bengals guard Cody Ford in April, opened up about the couple’s breakup. “Hot Mess with Alix Earle” Robillard said she received two comments from “moderators” during the TikTok Live that suggested Ford […]

Ford recalls more than 30K Mustangs due to steering issue

See what’s clicking on FoxBusiness.com More than 30,700 Ford Mustangs are being recalled over an issue that could cause the steering wheel to turn unintentionally. Automakers June 28th Recall Report The Mustangs that are at risk of unintended steering wheel rotation are 2022-2023 model years, the National Highway Traffic Safety Administration was informed. The recalled […]

Ford Recalling More Than 550,000 Trucks Due to Transmission Problem

Ford is recalling more than 550,000 pickup trucks in the US due to potential transmission issues. The news comes after the company previously announced recalls. The problem affects some 2014 F-150 pickup trucks, the Associated Press reports. report Tuesday, indicating the transmission may suddenly downshift into first gear. The AP article continues that this problem […]