Ford Motor

Business, Equipment

Ford Q2 Profit Up 19% on Strong Prices, Sales Increase

Ford F-150 Lightning Ford F-150 Lightning by Ford Motor Co.

DETROIT — Ford Motor Co.’s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.

Tom Krisher | Associated Press
July 27, 2022
Business, Fuel

Ford Halts Sales of Mustang Mach-E Over Defect

A Ford Mustang Mach-E GT compact sports utility vehicle A Ford Mustang Mach-E GT compact sports utility vehicle. (Michael Nagle/Bloomberg News)

Ford Motor Co. has told dealers to temporarily halt sales of the Mustang Mach-E over a potential safety defect, a setback for the carmaker as it tries to fortify its position as a leader in electric vehicles.

Keith Naughton | Bloomberg News
June 14, 2022
Business, Technology, Equipment, Safety, Autonomous

Ford Delivers First Electric F-150

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

Nicholas Schmidt of Standish, Mich., became owner No. 1 of Ford Motor Co.’s first electric pickup, the F-150 Lightning.

Craig Trudell | Bloomberg News
May 27, 2022
Business, Fuel

Ford CEO Farley: No Plan to Spin Off EV Business

Ford President and CEO Jim Farley Ford President and CEO Jim Farley at a previous event announcing plans to build electric F-Series trucks at a plant near Stanton, Tenn. (Mark Humphrey/Associated Press)

DETROIT — Ford Motor Co. CEO Jim Farley says the automaker has no plans to spin off its electric vehicle or internal combustion businesses, but is reinventing itself by removing costs and ramping up for large-scale EV and software sales.

Tom Krisher | Associated Press
February 23, 2022
Business, Technology, Equipment, Fuel, TCA

Ford’s Kansas City Plant Begins Deliveries of E-Transit

Ford eTransit Ford E-Transit cargo vans at the automaker's Kansas City assembly plant. (Ford/TNS)

Ford Motor Co. this week began shipping its new all-electric E-Transit cargo van from its Kansas City Assembly Plant in Missouri to customers across the U.S.

Jordyn Grzelewski | The Detroit News
February 8, 2022
Business

Ford Profit Falls Short of Estimates Despite Rising Car Prices

Ford Profit Falls Short of Estimates Despite Rising Car Prices The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Mich. (Emily Elconin/Bloomberg)

Ford Motor Co. reported fourth-quarter earnings that missed analysts’ estimates despite a surge in prices for its vehicles, and warned of higher commodity costs in the year ahead.

Keith Naughton | Bloomberg News
February 3, 2022
Business, Technology

Ford Market Value Tops $100 Billion on Surging Electric Vehicles

Ford Market Value Tops $100 Billion on Surging Electric Vehicles The all-electric Ford F-150 Lightning truck. (Emily Elconin/Bloomberg)

Ford Motor Co.’s market value topped $100 billion as investors bet on the 118-year-old automaker’s prospects in the dawning electric age.

Keith Naughton | Bloomberg News
January 13, 2022
Business, Technology, Equipment, Fuel

Ford’s Market Value Tops GM for First Time in Five Years

The Ford electric F-150 A Ford F-150 Lightning electric pickup truck at EPA headquarters in Washington on Dec. 20. (Samuel Corum/Bloomberg News)

Ford Motor Co.’s surging stock has given it a market value greater than rival General Motors Co. for the first time in more than five years.

December 28, 2021
Business, Technology, Autonomous, TCA

Ford to Launch Food Program in Detroit Using Autonomous Shuttle

High school senior Brooke Snow in front of her award-winning design for the Ford autonomous shuttle High school senior Brooke Snow displays the winning design that was chosen for Ford's autonomous shuttle. (Max Ortiz/The Detroit News via Tribune Content Agency)

In a move aimed both at fulfilling a community need and advancing vehicle technologies considered a key part of its future, Ford Motor Co. is launching a fresh food delivery pilot in southwest Detroit using an autonomous vehicle shuttle.

Jordyn Grzelewski | The Detroit News
December 14, 2021
Business

Ford to Cut Debt Costs by Retiring ‘COVID Bonds’

Ford to Cut Debt Costs by Retiring ‘COVID Bonds’ Workers use machines to adjust panels for the floor section of Ford Transit vans on the production line at the Ford Sollers production plant in Russia. (Andrey Rudakov/Bloomberg)

Ford Motor Co. is aiming to cut its borrowing costs by more than half as it repurchases $5 billion in junk-rated debt and seeks to set a path to return to an investment-grade credit rating.

November 4, 2021

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