Ford Motor Co

Galhotra will lead Ford's global industrial system, the company said on October 18, where he will now oversee all global vehicle engineering and cycle planning, ICE and hybrid programs, supply chain management, and manufacturing of vehicles on behalf of all business units.

Tata Steel inks pact with Ford for supply of 'Zeremis' green steel

The supply to Ford will be initiated after Tata Steel's plant in the Netherland's IJmuiden switches to green hydrogen-based steelmaking

Apple hires 31-year Ford veteran Desi Ujkashevic to ramp up electric-car work

Ujkashevic had worked at Ford since 1991, most recently serving as its global director of automotive safety engineering.

Ford elevates India-born Kumar Galhotra to global president of non-electric auto business

Galhotra – who joined Ford in 1988 - has served in various positions in product development and product strategy.

Ford Motor considering ways to run EV business separately: Report

Ford, which aims to become the number two electric-vehicle maker in North America, said last month it would have the annual capacity to build 600,000 electric vehicles globally within 24 months.

Ford CEO Jim Farley says automaker weighing making own batteries for EVs

"We are discussing (battery) cell manufacturing," Ford's Chief Executive Officer Jim Farley told a Reuters Events broadcast on Friday. "I think that's natural as (EV) volume grows."

Ford Motor Co signs deal with Vodafone for private 5G network in UK

The project is part of a 65-million-pound ($80.87 million) investment in 5G backed by the UK government, according to Ford and Vodafone, and would be among the first of its kind in Britain.

Ford warns of $2 billion quarterly loss as coronavirus outbreak hammers sales

The Dearborn, Michigan-based company on Friday filed for a debt offering, but did not disclose the amount. It had about $30 billion in cash on its balance sheet, as of April 9.

Ford recalls 1.48 million F-150 pickups in North America over transmissions

The recall covers 1.26 million trucks in the United States and 221,000 in Canada.

Ford Motor goes local in India, aims for bigger slice of competitive market

As part of EMOM, Ford is deepening ties with Mahindra to build passenger vehicles in India, which could also involve sales in other emerging markets.

Ford, Baidu to start self-driving road tests in China

The project will start testing on designated roads in Beijing by the end of this year, and possibly other Chinese cities, the two companies said in a statement.

Ford to drop most US sedans to push cost-cutting plan

Ford Chief Executive Jim Hackett told investors the company is undergoing "a profound refocus" of its operations and may exit unprofitable businesses. Ford said it expects pretax profit margins of 8 percent globally and 10 percent in North America by 2020, ahead of a previous target of 2022.

Ford fined by Australian court for mishandling complaints

The fine in the Federal Court on Thursday equals the largest penalty ever for a breach of Australian Consumer Law, matching that imposed on the Coles supermarket chain in 2014 for misconduct toward suppliers.

Ford's March China vehicle sales down 11%

The company, whose sales fell a sharp 30 percent in February, said on Friday its sales in the first three months of this year totaled 207,139 vehicles, down 19 percent from a year earlier.

Ford to ramp up Lincoln rollout in China in bid to catch rivals: Sources

Ford has said it plans to build an all-new sport utility vehicle in China by the end of 2019, however the company has not detailed future production plans for the Lincoln brand in China beyond that.

Ford's China vehicle sales in February fall 30%

The U.S. automaker, whose sales in January fell 18 percent year-on-year, said sales volume last month totaled 47,483 vehicles.

Ford gives disappointing outlook, says turnaround to take years

Ford Chief Financial Officer Bob Shanks told analysts at an investor conference in Detroit that higher costs for steel, aluminium and other metals, as well as currency volatility, could cost the company $1.6 billion in 2018. Cost-cutting actions are under way and will have the biggest impact "in 2020 and later," Shanks said.

Global carmakers to invest at least $90 billion in electric vehicles

That money is pouring in to a tiny sector that amounts to less than 1 percent of the 90 million vehicles sold each year and where Elon Musk's Tesla Inc, with sales of only three models totaling just over 100,000 vehicles in 2017, was a dominant player.

Ford plans $11 billion investment, 40 electric vehicles by 2022

The investment figure is sharply higher than a previously announced target of $4.5 billion by 2020, Ford executives said, and includes the costs of developing dedicated electric vehicle architectures. Ford's engineering, research and development expenses for 2016, the last full year available, were $7.3 billion, up from $6.7 billion in 2015.

Ford urges 2,900 pickup owners to stop driving after new Takata death

The second largest U.S. automaker said it confirmed in late December that a July 2017 crash death in West Virginia in a 2006 Ford Ranger was caused by a defective Takata inflator. It previously reported a similar death in South Carolina that occurred in December 2015.

Ford to shift midsize sedan production out of Mexico: sources

Ford did not address the future of the plants in Hermosillo, Mexico and Valencia, Spain that currently build midsize sedans for the North American and European markets, respectively.

US rejects Ford petition to delay recall of 3 million vehicles

The agency said it did not find the request by the second largest U.S. automaker "reasonable under the circumstances or supported by the testing and data it has collected to date."

Ford to cut costs $14 billion, invest in trucks, electric cars: CEO

Most of those savings will not show up on Ford's bottom line until 2019 and 2020, Hackett and other Ford executives said, reflecting the industry's long product engineering lead times.

Ford, Lyft will partner to deploy self-driving cars

Ford self-driving test vehicles will be connected to Lyft’s network, but at first, customers will not be able to use them, Sherif Marakby, Ford’s vice president for autonomous vehicles and electrification, told Reuters. Ford will put human-driven vehicles on Lyft’s network.

Ford's Lincoln brand plans electrified versions of all models by 2022: Sources

Company officials are also considering whether to introduce one or more all-electric Lincoln models, one source said. The proposed electrification scheme could be critical to Lincoln's future in China, which will require automakers to make electric vehicles an increasing percentage of their total sales.