Ford News Updates

BusinessEquipment

UAW Members at Michigan Ford Plant Approve New Contract

DETROIT — Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract agreement reached with the company.

November 3, 2023
BusinessTechnologyEquipment

Ford Pulls Profit Forecast on Strike Impact

Ford Motor Co. said it fell short of third-quarter earnings expectations, citing higher costs and lower quality, a day after it won labor peace through a tentative contract with the UAW.

October 27, 2023
Business

Chairman Ford Calls on Autoworkers to End Strike

DETROIT — Ford Motor Co. Executive Chairman Bill Ford on Oct. 16 called on autoworkers to end a monthlong strike that he says could cost the company the ability to invest in the future.

October 16, 2023
BusinessTechnologyEquipmentFuel

Ford Electric F-150 Sales Drop 46% as Deliveries Delayed

Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker expanded its factory and delayed delivery of trucks for “quality checks.â€

October 4, 2023
GovernmentBusinessEquipmentFuel

Big Automakers: Future Fuel Economy Rules Unfairly Target Us

General Motors, Ford and Stellantis face a combined $10.5 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules, according to an estimate from their trade group.

October 2, 2023
BusinessEquipmentFuel

Updated Ford F-150 Gets New Grille, Other Features

The top-selling vehicle in America will get a bit of a face-lift next year, one of just a few new or updated vehicles that will be shown off this week at Detroit’s big auto show.

September 13, 2023
BusinessTechnologyFuel

Ford, SK to Build Battery Plant in Quebec

Ford Motor Co. is joining with South Korean battery-component makers SK On Co. and EcoPro BM Co. to build a cathode active material plant in Quebec worth more than C$1.2 billion ($887 million).

August 17, 2023
BusinessTechnology

Ford Beats Q1 Profit Estimates, Warns of Opaque 2023 Outlook

Ford Motor Co. beat Q1 profit estimates on higher pricing and increased volumes, but left its full-year outlook unchanged over concern about pricing power and economic uncertainty.

May 3, 2023
GovernmentBusinessTechnologyEquipmentFuel

Ford’s F-150 Leaves Tough Choices for EV Tax Credits

While the average gasoline-powered F-150 now sells for almost $63,000 — 25% more than five years ago — the electric version commands a premium of almost 30% over that.

April 21, 2023
BusinessTechnologyEquipmentFuel

Ford’s Jim Farley Says Tesla Could Start an EV Price War

Ford Motor Co. CEO Jim Farley said rival Tesla Inc. could start a price war and turn certain electric vehicle models into commodities after it cut prices again.

April 21, 2023