Ford News Updates

Business, Technology, Autonomous

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.

June 2, 2020
Business, Technology, TCA

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.

April 29, 2020
Business

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.

April 20, 2020
Business

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.

March 24, 2020
Business

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.

March 24, 2020
Business, Safety

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.

March 3, 2020
Business, Equipment, Safety

Tailgate Problems Prompt Ford F-150 Recall in Canada, but not US

Ford is recalling its popular F-150 pickup truck in Canada to fix a problem with electric tailgate latches, but identical trucks aren’t being recalled in the U.S.

January 29, 2020
Business, Technology

Ford’s Lincoln Partners With Rivian for First Electric Model

Lincoln is building its first fully electric vehicle with Rivian Automotive Inc., the battery-powered truck and SUV maker Ford Motor Co. backed with a $500 million investment last year.

January 29, 2020
Business

Ford Sales Miss Estimates on 15% Drop in Explorer Deliveries

Ford Motor Co.’s fourth-quarter U.S. sales fell more than expected as a decline in deliveries of its redesigned Explorer dragged down sport-utility vehicle results.

January 6, 2020
Business, Equipment

Ford to Add 3,000 Jobs in Detroit Area, Invest $1.45 Billion

DETROIT — Ford Motor Co. is adding 3,000 jobs at two factories in the Detroit area and investing $1.45 billion to build new pickup trucks, SUVs, and electric and autonomous vehicles.

December 17, 2019