Keith Naughton

Business, Technology

Worsening Chip Woes to Cost Automakers $210 Billion in Sales

Worsening Chip Woes to Cost Automakers $210 Billion in Sales A wafer is seen at the new 300 mm chip factory plant of Infineon in Austria. (Akos Stiller/Bloomberg)

The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to 2021 revenue for the world’s automakers to $210 billion.

Keith Naughton | Bloomberg News
September 23, 2021
Business, Technology, Fuel

Ford Expands Electric-Truck Factory in Michigan as Demand Surges

Ford Expands Electric-Truck Factory in Michigan as Demand Surges Ford F-150 Lightning electric vehicle. (Al Drago/Bloomberg)

Ford Motor Co. is spending $250 million to expand its new factory producing the battery-powered F-150 Lightning as demand surges for the pickup truck, which goes on sale next year.

Keith Naughton | Bloomberg News
September 16, 2021
Business, Technology, Autonomous

Walmart Teams With Ford, Argo to Launch Driverless Delivery Service

Walmart Teams With Ford, Argo to Launch Driverless Delivery Service The Walmart website is where people can order their groceries for pick up or delivery. (Gabby Jones/Bloomberg News)

Walmart Inc. is teaming up with Ford Motor Co. and self-driving startup Argo AI to launch a driverless delivery service in three U.S. cities.

Keith Naughton | Bloomberg News
September 15, 2021
Business, Technology, Equipment, Autonomous

Ford, Lyft and Argo Team Up to Deploy Robo-Taxis

Ford An Argo AI autonomous Ford Fusion drives in Pittsburgh in 2018. (Justin Merriman/Bloomberg News)

Ford Motor Co. and its partner Argo AI will start a self-driving ride-hailing service with Lyft Inc. in Miami and Austin, Texas, later this year. It will be the biggest commercial rollout of robot rides.

Keith Naughton | Bloomberg News
July 21, 2021
Business, Technology, Fuel

Ford Acquires Battery-Management Startup to Charge EV Fleets

The Ford F-150 Lightning on display in New York City The Ford F-150 Lightning on display in New York City. (Ann-Sophie Fjello-Jensen/AP Images for Ford Motor Company)

Ford Motor Co. has acquired a startup that specializes in managing charging networks for commercial electric vehicles, a business the automaker hopes could generate as much as $1 billion in revenue by 2030.

Keith Naughton | Bloomberg News
June 17, 2021
Business, Technology, Fuel

Ford CEO Farley Stokes Stock With His $30 Billion Bid in EV Race

Ford CEO Jim Farley. (David Paul Morris/Bloomberg News) Ford CEO Jim Farley. (David Paul Morris/Bloomberg News)

Ford Motor Co. CEO Jim Farley made a bold bid for electric supremacy May 26 by boosting his company’s bet on plug-in models by more than a third, to $30 billion, and promising to electrify virtually the entire lineup.

Keith Naughton | Bloomberg News
May 26, 2021
Business, Technology, Equipment, Fuel

Ford Pressured to Provide Path to All-Electric Future

Ford The Ford Electric F-150 Lightning pickup. (Bill Pugliano/Getty Images)

Riding a rising stock price, a splashy new model intro and a friendly presidential visit, new Ford Motor Co. CEO Jim Farley faces his biggest test yet: explaining his strategy for making the 118-year-old automaker relevant in the electric age.

Keith Naughton | Bloomberg News
May 25, 2021
Government, Business, Technology, Fuel

Ford’s High-Stakes Electric F-150 Will Start Under $40,000

The 2022 Ford F-150 Lightning will look to compete with other electric pickups from Tesla, GM and Rivian.(Ford Motor Company) The 2022 Ford F-150 Lightning will look to compete with other electric pickups from Tesla, GM and Rivian. (Ford Motor Company)

Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes the accelerator.

Keith Naughton | Bloomberg News
May 20, 2021
Business, Technology, Autonomous

Ford-Backed Argo Sees New Sensor as Key for Self-Driving Cars

Argo AI Argo's new sensor. (Argo AI)

Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway.

Keith Naughton | Bloomberg News
May 4, 2021
Business, Technology, Equipment, Fuel

Ford to Open Battery Research Lab in Electric Vehicle Push

F-150 trucks sit on display at a car dealership in Peoria, Ill. F-150 trucks sit on display at a car dealership in Peoria, Ill. Next year Ford will launch an electric version of its best-selling pickup. (Daniel Acker/Bloomberg News)

Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.

Keith Naughton | Bloomberg News
April 27, 2021

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