Business, Technology, Equipment, Fuel

Ford: Tennessee EV Plant Could Make 500,000 Trucks a Year

Ford Motor Co. projects its electric F-Series pickup factory under construction in Tennessee will ultimately produce half a million trucks a year, about 40% more than the company forecast in November.

Keith Naughton | Bloomberg News
March 24, 2023
Business, Technology, Equipment, Fuel

Ford Sees EV Losses Growing to $3 Billion in 2023

Keith Naughton | Bloomberg News
March 22, 2023
Business, Technology, Equipment

Ford Extends Shutdown of Electric F-150 Plant

Ford Motor Co. is extending the shutdown of its F-150 Lightning pickup plant for a fourth week as it works to resolve a problem that caused a battery fire in one of the electric trucks.

Keith Naughton | Bloomberg News
February 24, 2023
Business, Technology, Equipment, Fuel

Toyota’s CEO Says EV Adoption Will Take Longer Than Expected

Toyota Motor Corp. plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new technologies.

Keith Naughton | Bloomberg News
September 29, 2022
Business, Technology, Equipment, Fuel

Ford Unveils Big, Gas-Fueled Pickup That’s Funding Its EV Future

Ford Motor Co.’s redesigned F-Series Super Duty pickup may lack the sex appeal of the Mustang introduced earlier this month, but this hulking warhorse is critical to funding the automaker’s electric future.

Keith Naughton | Bloomberg News
September 28, 2022
Business, Equipment

Ford to Invest $700 Million in Kentucky Plant to Build Big Pickups

Ford Motor Co. is investing $700 million at its sprawling truck factory in Louisville, Ky., and adding 500 workers to help build a redesigned version of its largest F-Series pickups.

Keith Naughton | Bloomberg News
September 27, 2022
Business, Technology, Equipment, Autonomous

Ford Breaks Ground on $5.6 Billion Complex for EVs, Batteries

Ford Motor Co. has begun construction of its $5.6 billion electric vehicle manufacturing complex in western Tennessee, the largest factory project in the automaker’s 119-year history.

Keith Naughton | Bloomberg News
September 23, 2022
Business, Logistics

CSX Hires Ex-Ford Executive Joseph Hinrichs as CEO

CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a former top executive with Ford Motor Co.

Keith Naughton | Bloomberg News
September 15, 2022
Business, Fuel

Ford to Cut 3,000 Jobs to Fund Shift Toward EVs

Ford Motor Co. said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles.

Keith Naughton | Bloomberg News
August 22, 2022

A Quarter of Americans Say Their Next Car Will Be an EV

A quarter of Americans surveyed say they will buy an electric vehicle as their next automobile as gasoline prices soar to record levels.

Keith Naughton | Bloomberg News
July 13, 2022