Ford to Cut 20% of European Workforce in Sweeping Overhaul
Ford Motor Co. will eliminate about 20% of its workforce across Europe in a sweeping overhaul to tackle the carmaker’s falling sales in the region and lift weak profitability.
June 27, 2019VW Board Puts Ford Alliance on Agenda for July Meeting
Volkswagen AG’s supervisory board plans to discuss and possibly approve next steps toward expanding an alliance with Ford Motor Co. when it meets in two weeks, according to people familiar with the matter.
June 26, 2019Car-Parts Plant for Ford, Tesla Resuming Work After Brief Strike
Workers at a major auto parts plant in Michigan are poised to return to work after a brief strike June 21, alleviating the threat of a supply disruption for carmakers Ford Motor Co., Tesla Inc. and Fiat Chrysler Automobiles NV.
June 21, 2019Ford Truck Profits Hide Need for More Cuts, Morgan Stanley Says
Ford Motor Co. may need to cut more than the recently announced 7,000 salaried workers to compensate for slowing auto sales, a situation that’s not readily apparent because its F-Series pickup helped “cover industry blemishes” with $10 billion in pretax earnings last year, Morgan Stanley said.
May 21, 2019Ford 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.
May 20, 2019Ford Sticks With Hybrids as Other Automakers Rush to All-Electric Vehicles
DETROIT — While other automakers — notably crosstown rival General Motors and German giant Volkswagen — shift their focus to vehicles powered by electricity alone, Ford continues to develop and invest in hybrids, which combine gasoline engines with electric batteries.
May 17, 2019Ford 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.
April 30, 2019Ford 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
April 24, 2019Ford 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.
April 17, 2019Ford 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.
April 10, 2019