Tags: Ford

Ford to Pay $365 Million to Settle US Import Tariff Evasion Case

Ford Motor has agreed to pay $365 million to settle the US government's allegations that it violated a federal tariff law.


Ford Halts Shipments of 2024 F-150 Lightning EVs as Hundreds of Trucks Pile Up

Ford has ceased shipments of its 2024 F-150 Lightning electric pickup. Ford Motor has ceased shipments of its 2024 F-150 Lightning electric pickup amid reports of Ford trucks piling up in storage lots around Detroit.

Ford CEO Jim Farley Urges Wall Street to Forget Tesla, Says Ford's 'Pro' Business Is the Auto Industry's Future

Ford Motor CEO Jim Farley told investors on Thursday to forget about Tesla and touted the company's "Pro" fleet business as the future of the automotive industry.

GOP Reps Want the US to Investigate Ford's Deal with Chinese Companies

GOP reps are urging the Biden administration to investigate Ford's deals with Chinese companies.


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Ford is working its way to the top as it unveils and share to the world its newest plane of investment. Ford has been one of the premiere car mannufacturing company in the world.
Blackberry and Ford collaboration which makes it the first time to tie up with an auto-maker to make a smart car.
As competition rises, Ford Motor Corporation falls short as it loses 50% profit. However, it still beats some expectations as that of the Wall Street's.
Honda, the Japan-based automaker, widened its sales portfolio to a robust 4,500 touch points from nearly 800 outlets. Honda's market share increased to 26% from 15% at the end of March 2011.
Ford introduced a new technology that makes its police cars doors able to hold powerful rifles strikes. It was the first police cars doors to be passed by the Justice Department to provide level IV protection.
Ford announced that the company will devote more resources to develop semi-autonomous driving technologies, as they aim to invest triple the amount of investment in the technologies. Some of Ford's cars already have some semi-autonomous technology in them, as with the updated version of Ford Kuga unveiled along with the announcement.
Ford is reportedly intending to start a new plant in Mexico with an aim to boost its production capacity of US plants. This move by the company reflects its rival General Motors' investment plan of $5 billion to multiply the production capacity in Mexico within 2018.
Ford Motor said its fourth-quarter earnings beat Wall Street analysts' expectations and reiterated 2016 pre-tax profit forecast to be identical to or greater than the previous year.
Ford Motor has announced on Monday that they would be exiting the Japanese and Indonesian markets by the end of this year as the governments are running a very "closed" market, protecting domestic sales over the international ones. The automaker has been unable to increase their sales or sustain profits under such circumstances. They said that the employees have already been informed and they would be providing detailed explanations regarding post-sale services like servicing and providing new car parts to its customers very soon.
Takata Corp is reportedly planning to meet its major clients in order to discuss its business forecasts. The US transport authorities announced a fresh recall of about 5 million vehicles subsequent to the recent death caused by the Japanese firm's airbag inflators.
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