Ford to Cut 4,000 Jobs in Europe
FRANKFURT, Germany — Ford says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing the economy and weak sales of electric cars.
November 20, 2024Ford Faces NHTSA Investigations Over Recall Issues
U.S. auto safety regulators are probing two recent recalls by Ford Motor Co. as the carmaker struggles to contain quality lapses in its vehicles.
Ford Hit With $165 Million Penalty on Recall Failure
Ford Motor Co. agreed to a $165 million civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner.
NHTSA Ends Investigation Into Ford Engine Failures
DETROIT — NHTSA has ended a 2½-year investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles.
November 4, 2024Ford’s Profit Outlook Falls Short as EV Demand Slows
Adjusted earnings before interest and taxes this year will be about $10 billion, down from a previous outlook for as much as $12 billion, the company said Oct. 28.
EV Output Is 45% Below Carmakers’ Expectations, Supplier Says
Carmakers are faced with significant overcapacity to make EVs because of softening demand with many turning back to development plans for combustion-engine cars, OPmobility SE reports.
Ford Beats Sales Estimates on Strong Demand for Work Trucks
Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins, posted first-quarter results that beat expectations on strong sales of work trucks.
Ford’s Commercial Business Is Defying the EV Slump
Demand from fleet-based vehicle operators is a lone bright spot for the EV industry as global sales sputter.
Ford to Delay Production of New Electric Pickup, Large SUV
DETROIT — Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.
April 4, 2024Ford EVs Need Adapter to Use Tesla’s Network
DETROIT — Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but they’ll need to get an adapter that Ford will provide for free.
February 29, 2024