-
Jim Farley was particularly concerned to hear that some employees would work an eight-hour shift at Amazon, then a seven-hour shift at Ford, leaving them with only three or four hours of sleep.
-
Facing steep losses and sluggish demand, Ford allows rival Nissan to use its US battery facility as automakers reevaluate aggressive electric vehicle strategies.
-
Elon Musk's Tesla Inc. has large factories in California and Texas that churn out all the electric vehicles it sells in the US
-
The development comes three years after Ford exited India in 2022. It had stopped the production of vehicles in 2021.
-
According to the National Highway Traffic Safety Administration, a loose seat belt or seat belt buckle may not properly restrain an occupant during a crash, increasing the risk of injury.
-
Donald Trump has announced new tariffs, including a 25% levy on imported cars, drugs, and chips, with plans to increase the rates later in the year. He claims these tariff measures are encouraging major global companies to return manufacturing to the U.S. Trump also stated that more details on the auto tariffs will be revealed on April 2, following a report from his cabinet members. Trump has long complained about unfair treatment of U.S. automotive exports, noting that the EU imposes a 10% tariff on vehicles, which is higher than the U.S. rate. The U.S. also charges a 25% tariff on imported pickup trucks to protect domestic manufacturers. The tariffs on drugs and chips will begin at 25% and rise over time, with no set start date yet. Additionally, Trump has imposed a 10% tariff on all Chinese imports and set a March 12 start date for tariffs on steel and aluminum.
-
The US company is the latest automaker after Nissan, Stellantis and GM to cut costs as the industry struggles with growing competition from Chinese rivals in Europe, waning demand in China, and the challenges of shifting to EVs that remain too expensive for most consumers to buy.
-
On September 12, chief minister MK Stalin, who was on a visit of the United States, met officials of Ford Motor to discuss the possibility of reopening the automaker’s plant in Chennai, amid reports of the American company exploring a return to the Indian market.
-
The company expects the strategic changes to result in a special noncash charge of approximately $400 million due to the write-down of certain manufacturing assets linked to the canceled SUV.
-
Ford is now pinning its hope on the Indian market, the report said adding that the company believes India will lead volumes for the auto industry globally as many markets in the West have stagnated.
-
The National Highway Traffic Safety Administration's Office of Defects Investigation (ODI) opened the evaluation to investigate BlueCruise, which provides partial driving automation with the expectation that the driver actively supervises its performance
-
From Meta's Metaverse arm losing billions to the Spotify CEO's looking back at disruptions following layoffs, here are some of the major developments from across the world
-
Certain F-150 pickups from the 2011 and 2012 model years were recalled for the same problem in 2016
-
From the possible monetary policy change in Japan and the EU's fines on Apple to potential lawsuit against PwC and a mega strike in Ford's Kentucky plant, here's a look at recent business developments around the world.
-
A round-up of top newspaper stories to keep you ahead of others.
-
From Ford trimming EV battery plant plans to Gold surpassing $2,000 amid potential interest rate peak, here's a look into the global markets
-
General Motors CEO Mary Barra tried to defend her $29 million paycheque as nearly 13,000 auto workers in the United States went on strike demanding better pay.
-
.The United Auto Workers union is seeking big raises and better benefits from General Motors, Ford and Stellantis. They want to get back concessions that the workers made years ago, when the companies were in financial trouble.
-
A dramatic walkout -- observed outside a Detroit-area Ford plant with rowdy honking and cheers at the arrival of the United Auto Workers' leader -- followed a failed last-minute push by General Motors, Ford and Stellantis to produce an agreement before the deadline late Thursday.
-
This is the first time the union has organised such a strike, with the main demand being a pay raise of 40 percent
-
Travelling at 60 miles per hour (100 kilometres per hour), the small SUV remained within its lane as an AFP journalist took a ride in the driver's seat along the M11 motorway north of London.
-
Ford Motor Co. said on July 17 that final upgrades at its Rouge Electric Vehicle Center in Michigan being completed now will lead to greater availability of a built-to-order truck as early as October at a manufacturer's suggested retail price closer to initial Lightning pricing.
-
Mercedes-Benz will initially offer an adapter that would help its existing EVs with the Combined Charging System in North America to charge on the NACS network from 2024.
-
The automaker is cutting engineers in all three areas of its business, EVs, traditional internal combustion-engine models and commercial vehicles, said T.R. Reid, a company spokesman. The workers will be informed Tuesday and Wednesday.
-
The conditional commitment for the low-cost government loan for the BlueOval SK joint venture comes from the government's Advanced Technology Vehicles Manufacturing (ATVM) loan program.
