Ford to Transform Ontario Plant Into EV Factory
Ford Motor Co. is investing $1.3 billion to transform its Oakville Assembly Plant in Ontario, Canada, to assemble multiple electric vehicles and battery packs.
F-150 Lightning Is Ford’s Only EV to Get Full Tax Credit
Ford Motor Co. expects only its F-150 Lightning pickup to qualify for a full tax credit under a new law designed to spur adoption of battery-powered models.
GM Passes Ford in Q1 EV Sales, Still Trails Tesla
DETROIT — General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race.
April 4, 2023Ford Sales Up 10.1% in Q1
Ford Motor Co.’s sales rose 10.1% year-over-year in the first quarter, lifting the Blue Oval to the best-selling brand — but not manufacturer — in the country for the January-March period.
Ford CEO Says Next Electric Pickup Truck Will Drive Itself
Ford Motor Co. plans to make driver-assistance features central to the next electric F-Series pickup — so much so that you might be able to take a snooze at 60 mph.
Founders of Defunct Argo AI Launch New Self-Driving Startup
The founders of Argo AI, the autonomous vehicle company that was shut down last year, are launching a new self-driving business that could specialize in trucking and ride-hailing, according to people familiar with the matter.
March 7, 2023Ford to Invest $700 Million in Kentucky Plant to Build Big Pickups
Ford Motor Co. is investing $700 million at its sprawling truck factory in Louisville, Ky., and adding 500 workers to help build a redesigned version of its largest F-Series pickups.
Ford Breaks Ground on $5.6 Billion Complex for EVs, Batteries
Ford Motor Co. has begun construction of its $5.6 billion electric vehicle manufacturing complex in western Tennessee, the largest factory project in the automaker’s 119-year history.
Parts Shortage Forces Ford to Cut Its Q3 Earnings Forecast
DEARBORN, Mich. — A parts shortage that has thousands of Ford’s most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.
September 20, 2022CSX Hires Ex-Ford Executive Joseph Hinrichs as CEO
CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a former top executive with Ford Motor Co.