Ford Motor Co.’s U.S. sales fell 6.1% in October, dragged down in part by a factory overhaul to produce the redesigned version of its top-selling F-150 pickup.
November 4, 2020Latest News Updates From Keith Naughton
Ford’s October Sales Fall as F-150 Factory Retooling Takes Toll
Ford Builds Its Most Advanced Factory to Make Electric Pickup
Ford Motor Co., facing an onslaught of competition for its new battery-powered F-150 pickup, unveiled the high-tech factory that will produce the electric truck using self-driving transport sleds and robots collaborating with human workers.
September 17, 2020Ford to Cut 1,400 US Salaried Jobs in Reorganization
Ford Motor Co. is cutting about 5% of its U.S. salaried workers as part of a sweeping reorganization, which could include layoffs, in a move to help the automaker reverse its declining fortunes.
September 2, 2020Ford CEO’s Vow for Flawless Launches Tested by High-Stakes F-150
Ford Motor Co. is gearing up for an intricate, two-phase overhaul of factories for its most profitable vehicle, putting to the test a pledge by incoming CEO Jim Farley for flawless execution.
August 24, 2020Ford 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.
August 4, 2020Ford 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.
June 18, 2020Ford 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.
June 10, 2020Self-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.
June 2, 2020Detroit Divided Over What It’ll Take to Make Cars Again
The safety measures that Ford Motor Co. has spent weeks preparing to resume North American production fell short of assuaging the United Auto Workers union, which could stand in the way of much of the industry’s plans to reopen.
April 30, 2020Carmakers Headed for 50% Sales Dive Can Breathe Easier
Automakers are headed for a less drastic U.S. sales collapse than feared, according to market researchers.
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