Keith Naughton

Business, Technology

Ford’s Lincoln Partners With Rivian for First Electric Model

Rivian's R1S electric SUV is unveiled at the Los Angeles Auto Show in November 2018. Rivian's R1S electric SUV is unveiled at the Los Angeles Auto Show in November 2018. (Patrick T. Fallon/Bloomberg News)

Lincoln is building its first fully electric vehicle with Rivian Automotive Inc., the battery-powered truck and SUV maker Ford Motor Co. backed with a $500 million investment last year.

Keith Naughton | Bloomberg News
January 29, 2020

Ford Sales Miss Estimates on 15% Drop in Explorer Deliveries

New Ford Explorers on a lot Unsold 2020 Explorers sit at a Ford dealership in Littleton, Colo., on Oct. 20, 2019. Explorer sales dipped 15% in the fourth quarter. (David Zalubowski/Associated Press)

Ford Motor Co.’s fourth-quarter U.S. sales fell more than expected as a decline in deliveries of its redesigned Explorer dragged down sport-utility vehicle results.

Keith Naughton | Bloomberg News
January 6, 2020
Business, Technology

Ford Challenges Tesla to a Truck Tug of War

Cybertruck unveiling Elon Musk introduces the Cybertruck Nov. 21. (Ringo H.W. Chiu/AP)

Tesla Inc.’s Elon Musk plainly says his pickup is a “better truck than an F-150.” Ford Motor Co. is taking issue with that claim.

Keith Naughton | Bloomberg News
November 25, 2019
Business, Technology, Equipment, Fuel

Ford Unveils Electric Mustang SUV to Challenge Tesla Dominance

Electric Mustang SUV The Ford Motor Co. Mustang Mach-E GT electric sports utility vehicle is unveiled during a reveal event in Hawthorne, Calif. (Patrick T. Fallon/Bloomberg News)

Ford Motor Co. is reinventing one of its marquee models — the Mustang muscle car — as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.

Keith Naughton | Bloomberg News
November 18, 2019
Business, Technology, Fuel, Autonomous

Ford Puts Iconic Mustang Name on First Electric Crossover

Ford Mustang logo Ford Mustang logo by Qilai Shen/Bloomberg News

Ford Motor Co., which pioneered the racy pony-car body style 55 years ago, will use the Mustang name and insignia on an electric crossover utility vehicle coming next year.

Keith Naughton | Bloomberg News
November 15, 2019

Ford to Close Michigan Engine Factory

Ford CEO Jim Hackett Ford CEO Jim Hackett by Seth Wenig/Associated Press

Ford Motor Co. is closing a Michigan engine factory as part of the tentative agreement it reached with the United Auto Workers Oct. 30, as the automaker begins to shift from traditional internal combustion engines to battery-powered vehicles.

Keith Naughton | Bloomberg News
October 31, 2019
Business, Technology, Logistics, Autonomous

Waymo CEO Sees Driverless Trucking Catching on Faster Than Taxis

Waymo Eric Risberg/Associated Press

True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company’s chief executive officer says robot ride hailing may not be the first form of automotive autonomy to take off commercially.

Keith Naughton | Bloomberg News
October 29, 2019

Ford Cuts 2019 Outlook

A customer looks over a Ford 2020 Explorer A customer looks over a Ford 2020 Explorer at a car dealership in Orland Park, Ill. (Daniel Acker/Bloomberg News)

Ford Motor Co., struggling to roll out its redesigned Explorer sport-utility vehicle, cut its full-year forecast by $500 million, in a sign an $11 billion restructuring by Chief Executive Officer Jim Hackett will take more time before a promised payoff.

Keith Naughton | Bloomberg News
October 23, 2019
Business, Technology, Autonomous

Lyft Making Driverless Data Public in Bid to Speed Development

Lyft Gabby Jones/Bloomberg News

Lyft is making research data on self-driving technology available to the public in a bid to accelerate the development of robotic cars, which is seen as critical to the ride-hailing giant’s future viability.

Keith Naughton | Bloomberg News
July 23, 2019
Government, Business, Logistics

Mexico Tariff Would Have ‘Significant’ Negative Impact, Ford Says

Jim Hackett Ford President and CEO Jim Hackett (Jeff Kowalsky/Bloomberg News)

Ford Motor Co. would feel a serious impact if tariffs are levied on the cars, engines and transmissions it imports from Mexico, but a top executive at the automaker expressed optimism the trade dispute can be resolved without lingering damage.

Keith Naughton | Bloomberg News
June 6, 2019