Ford Slashing 7,000 Jobs as Disruption Sweeps Auto Industry
Ford Motor Co. plans to eliminate about 7,000 salaried jobs — about 10% of its global white-collar workforce — as pressures mount on automakers to keep pace with massive technological shifts amid signs global car demand has peaked.
Trump’s Tariffs on Chinese Electric Cars Seen Likely to Last
With China bent on dominating the future of electric vehicles, President Donald Trump is likely to erect trade barriers targeting that technology in the form of stiff new tariffs that will have staying power, according to a consultant on the country’s auto market.
Ford Partners With Amazon to Enable Package Deliveries
Ford Motor Co. is the latest automaker opening its vehicles’ trunks to Amazon.com., entering a partnership to enable delivery of packages directly to millions of Ford and Lincoln models.
Ford Partnership With EV Manufacturer Rivian Includes $500 Million Funding
Ford Motor Co. will invest $500 million in Rivian Automotive Inc., aligning the maker of the industry-leading F-Series pickup line with an upstart that’s electrifying gas-guzzling trucks and SUVs
Ford Sees $1 Billion Boon From One Truck Plant Transformation
Ford Motor Co. predicted an earnings boon from converting just one car plant to make trucks and also SUVs. And the automaker said that factory is just the first of many that will pump out more profit.
Ford Executives Shift Roles With Mobility Chief Near Retirement
Ford Motor Co.’s two company presidents are shuffling roles — with one taking responsibility for the business of today, and the other the approach to tomorrow — as a third executive prepares to retire.
Ford CEO Jim Hackett Tamps Down Expectations for First Autonomous Vehicles
Too much hype has built up about how soon self-driving cars will hit the road, but they will ultimately change the world, Ford Motor Co.’s CEO Jim Hackett said.
Ford Plans $900 Million Bet on Michigan-Made Autos of Future
Ford Motor Co. plans to spend about $900 million and hire about 900 workers to build electric and self-driving vehicles in Michigan, while moving production of a small commercial van to Mexico from Europe.
Ford Boosts Output of Big SUVs for Second Time in Two Years
Ford Motor Co. is boosting production of its biggest, highly lucrative sport utility vehicles for the second time in two years at a U.S. factory already bursting at the seams.
71% of Americans Still Leery of Self-Driving Cars
There’s been virtually no increase in public acceptance of self-driving cars even as automakers and tech giants are pouring billions into driverless technology.