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Ford

Ford quarterly sales slip on slowdown in passenger cars demand By Reuters

2020-01-06
By: Staff Writer

© Reuters. Frankfurt hosts the international Motor Show (IAA) (Reuters) – Ford Motor Co (N:) on Monday posted a 1.3% fall in fourth-quarter vehicle sales as soft demand for passenger cars outweighed stable sales of larger sport utility vehicles (SUVs) and pick-ups. Ford’s results rounded off U.S. automakers’ sales forRead More →

Ford to nearly halve its 2018 before interest and taxes loss in China By Reuters

2019-12-09
By: Staff Writer

(Reuters) – U.S. automaker Ford Motor Co . (N:) said on Monday it expects its full year 2019 loss, before interest and taxes, from China to be nearly halved from the year ago. For 2020, the company expects to further cut down its China losses, before interest and taxes, byRead More →

Elon Musk doesn’t back down after Ford challenges Tesla to ‘apples to apples’ tug-of-war rematch

2019-11-26
By: Staff Writer

Just last week, everything seemed so jovial. Ford Motor F, -0.44% unveiled its Mustang Mach-E, the company’s first battery-powered SUV, and Tesla’s TSLA, -1.53% Elon Musk, who potentially has the most to lose in an increasingly crowded electric-car market, tweeted out a “Congratulations!” He was “excited to see this announcement.”Read More →

Ford may consider making branded pickups in China if cities open more By Reuters

2019-11-07
By: Staff Writer

© Reuters. Visitors look at a Ford F-150 pickup displayed at the China International Import Fair (CIIE) in Shanghai By Yilei Sun and Norihiko Shirouzu SHANGHAI (Reuters) – Ford Motor Co (N:) will consider building Ford-branded pickup trucks in China if restrictions on driving pickups in cities are relaxed andRead More →

UAW union leaders recommend approval of Ford labor deal By Reuters

2019-11-01
By: Staff Writer

© Reuters. FILE PHOTO: Frankfurt hosts the international Motor Show (IAA) By Ben Klayman and Nick Carey DETROIT (Reuters) – United Auto Workers leaders from Ford Motor (NYSE:) Co’s U.S. plants on Friday recommended approval of a tentative labor agreement that would allow the No. 2 U.S. automaker to avoidRead More →

Ford reaches tentative labor deal with United Auto Workers union By Reuters

2019-10-30
By: Staff Writer

© Reuters. 2020 Ford Explorer cars are seen at Ford’s Chicago Assembly Plant in Chicago DETROIT (Reuters) – Ford Motor (NYSE:) and the United Auto Workers union on Wednesday announced a tentative agreement for a new labor deal, allowing the No. 2 U.S. automaker to avoid a strike like theRead More →

UAW to bargain next with Ford on new contract deal: sources By Reuters

2019-10-26
By: Staff Writer

(Reuters) – The United Auto Workers union is set to announce later on Friday it has chosen Ford Motor Co (N:) as the next U.S. automaker the union will negotiate with, sources briefed on the matter told Reuters. The UAW is also expected to separately announce later Friday that membersRead More →

Ford to close Wales engine plant in latest blow to UK car sector By Reuters

2019-06-06
By: Staff Writer

2/2 © Reuters. Ford logo is seen at the North American International Auto Show in Detroit, Michigan 2/2 By Costas Pitas LONDON (Reuters) – Ford said it would close its plant in Bridgend, south Wales, next year because of falling demand for some if its engines, putting 1,700 jobs atRead More →

Brazil automaker CAOA signs agreement with Ford over plant purchase: source By Reuters

2019-03-30
By: Staff Writer

© Reuters. The Ford logo is seen at the Ford oldest Brazil plant after company announced its closure in Sao Bernardo do Campo By Marcelo Rochabrun SAO PAULO (Reuters) – Brazilian automaker CAOA has signed a confidentiality agreement to negotiate a potential purchase of Ford Motor (NYSE:) Co’s plant inRead More →

Alabama jury awards $152 million in Ford Explorer rollover case By Reuters

2019-02-17
By: Staff Writer

© Reuters. FILE PHOTO: The Ford logo on a vehicle at the New York Auto Show NEW YORK (Reuters) – An Alabama jury awarded $151.8 million to a young man paralyzed in 2015 rollover accident involving a Ford Explorer sport utility vehicle, Ford and lawyers in the case said onRead More →

Ford recalls almost 1.5 million F-150 pickups in North America for transmission issue By Reuters

2019-02-13
By: Staff Writer

© Reuters. A row of new Ford F-150 pickup trucks are parked for sale at a Ford dealer in the Denver suburb of Broomfield (Reuters) – Ford Motor (NYSE:) Co on Wednesday said it was recalling about 1.48 million F-150 pickup trucks in North America due to a transmission issueRead More →

Ford told Britain’s May it is preparing alternative production sites: The Times By Reuters

2019-02-12
By: Staff Writer

© Reuters. The 88th Geneva International Motor Show (Reuters) – Ford Motor (NYSE:) Co told British Prime Minister Theresa May that it is stepping up preparations to move production out of Britain, The Times reported on Tuesday. The automaker told the prime minister during a private call with business leadersRead More →

Ford stock rises, but Wall Street still wants its forecast for the year ahead

2019-01-24
By: Staff Writer

Ford Motor Co. stock rose Thursday as the auto maker earned points with Wall Street for being a bit more forthright with its 2019 goals though stopped short of issuing an official outlook. Ford F, +1.98%  late Wednesday reported a surprise fourth-quarter GAAP loss and revenue above expectations. On Thursday,Read More →

Ford Europe to slash thousands of jobs in turnaround plan By Reuters

2019-01-10
By: Staff Writer

© Reuters. The Ford logo is seen at the New York Auto Show in New York FRANKFURT (Reuters) – Ford said on Thursday it will cut thousands of jobs, exit unprofitable markets and discontinue loss-making vehicle lines as part of a turnaround effort aimed at achieving a 6 percent operatingRead More →

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