Ford CEO Jim Farley ‘frustrated’ with pace of Red Bull’s Christian Horner investigation, per report
The official start of the 2024 F1 season is just days away, with the season-opening Bahrain Grand Prix scheduled to get underway on Saturday night. It remains doubtful whether Red Bull team principal Christian Horner will remain with the team by then. Horner remains the subject of an internal investigation into allegations of “inappropriate” conduct, […]
Ford pauses shipments of new F-150 Lightning EVs
FOX Business’ Jeff Flock reports from the Celebrity Ford dealership in Toms River, where electric F-150s aren’t zipping away fast enough. Ford Motor Co. said Friday it has halted shipments of all 2024 model year F-150 Lightning electric pickup trucks as it conducts quality inspections for unspecified issues. The Detroit automaker said the suspension of […]
Ford, UAW reach deal to avert strike at Kentucky truck plant
The United Auto Workers (UAW) local union, UAW Local 62, and Ford have reached an agreement to avert a strike at the truck plant in Louisville, Kentucky. The agreement came after the UAW union announced that about 9,000 auto workers threatened to go on strike Friday at Ford’s most profitable plant, which makes SUVs and […]
Ford cuts prices of electric Mustang Mach-E by up to $8,100
FOX Business’ Jeff Flock reports from the Celebrity Ford dealership in Toms River, where electric F-150s aren’t zipping away fast enough. Ford Motor Co. said Tuesday it has cut the price of its Mustang Mach-E electric SUV by up to $8,100 after sales plummeted in January. The lowest-priced Mach-E version of the 2023 model year […]
UAW threatening strike at country’s largest Ford factory
The United Auto Workers union is threatening a strike next week at Ford Motor Co.’s largest and most profitable plant over a dispute over local contract language. The union announced Friday that about 9,000 workers at the Kentucky Trucking plant in Louisville will strike on Feb. 23 if a local contract dispute is not resolved. […]
UAW threatens to strike at Ford truck plant in Kentucky
The United Auto Workers (UAW) is threatening a strike at the Ford truck plant in Louisville, Kentucky. union Said About 9,000 UAW automakers at the plant plan to go on strike next Friday “if local contract issues are not resolved,” a Friday press release said. After Ford failed to reach an agreement with the plant’s […]
Ford CEO rethinking where it builds future vehicles
United Auto Workers President Sean Fein on Wednesday endorsed President Biden’s re-election bid, claiming former President Donald Trump “doesn’t care about American workers.” Ford CEO Jim Farley said Thursday that the company will “think carefully” about where to build its future vehicles in the wake of the United Auto Workers (UAW) strike. The strike was […]
Ford CEO rethinking where to build cars after crippling UAW strike
Last fall’s controversial United Auto Workers union strike has changed Ford’s relationship with the union to the point where it is “thinking carefully” about where its future cars are built, Ford’s chief executive said Thursday. Ta. CEO Jim Farley said at the Wolf Research Global Auto Conference in New York that the company has avoided […]
Ford, GM CEOs open to partnerships to compete with China
Diana Furchtgott-Roth, an economist at the Heritage Foundation, discusses the electric vehicle market as more automakers withdraw from EV production. The CEOs of major U.S. automakers Ford and GM said Thursday they are considering a partnership to lower the cost of electric vehicle technology to compete with lower-cost Chinese EVs with an eye on U.S. […]
LPGA lands Ford Championship title sponsor as women’s golf thrives
The LPGA announced another big win Tuesday as it announced a new title sponsor for next month’s newly named Ford Championship. Ford Motor Company will sponsor the LPGA Ford Championship, which will be held March 28-31 at Seville Country Club in Gilbert, Arizona. The current contract is only for one year, but we are building […]