Ford to Promote Farley to CEO After Hackett’s Failed Turnaround Bid
Ford Motor Co. will promote Jim Farley to CEO on Oct. 1 to replace Jim Hackett, who has elected to retire after his three-year bid to turn around the automaker failed to gain traction.
Ford, VW Electric Models May Be Delayed by Trade-Secret Fight
Ford Motor Co. and Volkswagen AG warned a swirling legal dispute between two South Korean battery suppliers could threaten their plans to start producing electric vehicles in the U.S.
Ford Takes on Tesla With Hands-Free Driving for Electric Mustang
Ford Motor Co. plans to install a hands-free driving system on its electric Mustang Mach-E model coming later this year as it attempts to muscle in on the high-tech turf now dominated by Tesla Inc.
Ford Sees Plants Resuming Pre-Virus Production Within Weeks
Ford Motor Co. expects its U.S. plants will come all the way back from coronavirus-related shutdowns within the next month, a top executive said.
Self-Driving Startup Argo Completes $2.6 Billion Tie-Up With VW
Argo AI, the self-driving startup tightly aligned with Ford Motor Co., completed an expected tie-up with Volkswagen AG involving a $2.6 billion investment from the German automaker.
Ford, Rivian Put Plans for Electric Lincoln on Back Burner
Ford and Rivian put their plans on ice to jointly develop a Lincoln-brand electric vehicle, a Lincoln spokeswoman confirmed April 28.
GM, Ford Credit Arms May Lose Billions on Used-Car Price Plunge
General Motors Co.’s and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used vehicle prices, JPMorgan Chase & Co. analysts said.
GM’s Draw-Down Preserves Dividend, Signals Edge Over Ford
General Motors Co. joined Ford Motor Co. in tapping its credit lines to stock up on cash, but the bigger automaker is signaling superiority over its Detroit rival by leaving its dividend intact for now.
Ford Helping GE Make Ventilators, 3M Manufacture Respirators
Ford Motor Co. is throwing its design and production prowess behind two other manufacturers’ efforts to build more ventilators and respirators for health care workers and first responders.
Ford Bans All Business Trips After Two Employees Contract Coronavirus
Ford Motor Co. has banned all air travel for business after two of its employees in China contracted the coronavirus.