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 […]
Ford considers axing car feature that could save company millions per year
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. is considering eliminating automatic parallel parking in its vehicles in 2024 as part of a cost-cutting initiative, but says few customers would use it anyway. Chief Operating Officer Kumar Galhotra said […]
Ford hybrid sales jump in January as EVs slide
Phil Flynn and Tom Maoli discuss the Biden administration’s push to produce electric cars that consumers don’t want on “Evening Edit.” Ford Motor Co.’s electric vehicle sales were weak last month as consumer demand for EVs continued to decline, but total vehicle sales still rose, thanks in part to a surge in hybrid models. Ford […]
Ford reveals redesigned 2025 Explorer which features new digital experience
The Floor Show panelists Gabriela Santos and Andy Brenner react to the Federal Reserve’s decision to keep interest rates unchanged on Craman Countdown. ford motor company announced the new 2025 Ford Explorer on Thursday. This will be the first vehicle to feature Ford Digital Experience, a technology designed to improve customer connectivity. “From the beginning, […]
Ford plans to hire Chinese military software supplier for EV factory in US
Join Fox News for access to this content Plus, your free account gets unlimited access to thousands of articles, videos, and more. Please enter a valid email address. By entering your email address, you agree to the Fox News Terms of Use and Privacy Policy, including notice of financial incentives. Please check your email and […]
Ford recalls nearly 2 million Explorers over trim part that could detach, create road hazard
FOX Business' Jeff Flock reports from the Celebrity Ford dealership in Toms River, where electric F-150s aren't taking off fast enough. Ford announced a recall for approximately 2 million Explorer SUVs over concerns that some of the exterior trim near the windshield may be peeling off, posing a traffic hazard to other drivers. This recall […]
Ford Cuts Michigan Workforce for Electric Truck That Joe Biden Touted
Ford Motor Co. is implementing plans to scale back production of the F-150 Lightning, an all-electric pickup truck that President Joe Biden once touted. On Friday, Ford executives announced Approximately 1,400 automotive employees at the Rouge Electric Vehicle Center in Dearborn, Michigan, will be transferred to other company manufacturing operations or offered a retirement plan. […]
Ford cuts production on F-150 Lightning in half
Ford is cutting jobs to produce the electric F-150 Lightning and transferring workers to another production facility to make gasoline-powered vehicles. The announcement was originally made in December 2023, and the company fell well short of its plan to produce 150,000 electric trucks per year. Despite a 55% jump in EV truck sales, sales remained […]