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, 2020Ford News Updates
Self-Driving Startup Argo Completes $2.6 Billion Tie-Up With VW
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, 2020GM, 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, 2020GM’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, 2020Ford 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, 2020Ford 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, 2020Tailgate 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, 2020Ford’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, 2020Ford 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, 2020Ford 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, 2019Follow Us
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