Ford annnounced Sync Connect, LTE-based service to its 2017 Escape

The latest technology is introducing many of the new features embedded in vehicles to enhance the convenience of the drivers. Ford may not be the first but also not the last one, has also marked its position in the list of advanced technology vehicles.

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Ford to invest $9B in US plants

As part of the labor agreement, the US automobile major Ford has decided to invest $9 billion in plants located in North America. Similarly, General Motors (GM) has also assured the labor union on investment of $1.9 billion and Fiat Chrysler to invest $5.3 billion as part of the contracts signed with the labor union.

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Breakthrough in Trans Pacific trade talks

After five years of negotiations, 12 Pacific nations are about to conclude on a free trade agreement (FTA) as these countries have arrived on an understanding on Trans Pacific Partnership (TPP) deciding monopoly on new biotech drugs.

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Reviving the Ranger will get Ford back to action

History does repeat itself. Ford will definitely bring back the Ranger to the U.S. and rebuild it later this decade. Ford Motors is planning to return to the midsize pickup truck market with a new-generation revival of its Ranger nameplate.

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Germany's luxury automakers buy Nokia's maps

Nokia bids goodbye to its digital maps business as it sells its HERE maps unit to German carmaker consortium among BMW, Audi, and Mercedes-Benz's owner Daimler, to focus on making mobile-phone network equipment.

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Apple's Project Titan accelerates with hiring of automotive legends?

Since the alleged approval of "Project Titan" by Apple CEO Tim Cook in 2014 has been leaked last February, rumors about the company developing an autonomous car have persisted. This week, thoughts about the confidential electric car project are again reinforced with the appointment of new car experts.

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Strong sales could shift Ford, GM to higher gear

Shares of U.S. automakers may finally be able to accelerate. Investors are closely awaiting next week's May sales data, expected to come in near record levels. Meeting those forecasts could be enough to lift the sector - among the cheapest in the market - putting the sting of product recalls and tepid recent growth in the rear view mirror.

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Ford Venezuela to sell pickups, SUVs in dollars: union

The Venezuela division of Ford Motor Co (F.N) will sell pickups and sport utility vehicles in dollars, a union leader said on Wednesday, part of a deal with the government to restart operations stalled for lack of hard currency to import parts.

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U.S. auto sales disappoint in April as Asian automakers miss mark

U.S. auto industry sales in April came in below expectations as Asia's major carmakers' results disappointed, offsetting strong gains for trucks and SUVs made by General Motors (GM.N) and Ford (F.N).

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Detroit automakers rely on U.S. truck sales for global profits

Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas.

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Ford first-quarter profit misses expectations, 2015 profit outlook affirmed

Ford Motor Co (F.N) reported a first-quarter profit that was less than analysts expected, selling fewer vehicles in North America as it worked to increase production of the redesigned F-150 pickup truck, and losing money in South America.

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Ford to gain control of Russia JV and provide finance

U.S. auto maker Ford Motor Co (F.N) will take control of its Russian venture with Sollers (SVAV.MM) and provide it with additional financial support, the Russian firm said on Friday.

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Ford CEO Fields received $18.6 million in 2014 compensation

Ford Motor Co (F.N) Chief Executive Officer Mark Fields made $18.6 million in salary and other compensation last year, below the $23.2 million that predecessor Alan Mulally received in 2013, the company said on Friday.

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Ford to triple exports from India with new $1 billion plant

Ford Motor Co (F.N) plans to triple exports from India with a $1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad.

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Ford CFO says sees ongoing problems in Russia: Handelsblatt

The finance chief of Ford Motor Co (F.N) expects ongoing problems in Russia where the decline of the rouble and the struggling economy was weighing on its market share, according to German newspaper Handelsblatt.

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