Ford Motor

Government, Business

Ford Says Plants at Risk, Urges UK to Reach Brexit Deal

Ford Sean Proctor/Bloomberg News

Ford Motor Co. warned of dire consequences for U.K. factories employing more than 7,000 people if British politicians fail to agree on a plan to avert a no-deal split from the European Union.

February 13, 2019
Business, Technology, Logistics

Ford Investing $1 Billion in High-Profit SUV Plants

Ford Revealing of the 2020 Ford Explorer, CEO Jim Hackett right. (Jeff Kowalsky/Bloomberg News)

Ford Motor Co. is investing $1 billion in two Chicago factories and hiring 500 workers to expand its ability to crank out high-profit sport utility vehicles, including its new Explorer.

Keith Naughton | Bloomberg News
February 8, 2019
Business, Technology

Ford CEO Jim Hackett, Tesla’s Elon Musk Urge Workers to Help Boost Profits

Ford An employee performs a final inspection on a truck at the Ford Motor Co. Dearborn Truck Plant in Dearborn, Mich. (Sean Proctor/Bloomberg News)

Ford Motor Co.’s Jim Hackett and Tesla Inc.’s Elon Musk are rallying the troops with similar appeals to make more money.

January 25, 2019
Business, Equipment

Ford Ranks as Revenue Heavyweight Among US Companies

ford logo Andrew Harrer/Bloomberg News

Ford Motor Co.’s haul from selling just pickups and commercial vehicles rivals household-name companies including IBM and Boeing.

January 25, 2019
Business, Technology, Logistics, Autonomous

VW, Ford Join to Build Pickup Trucks, Explore Work on Autonomous Vehicles

Ford at Auto Show Ford Motor Co. President and CEO, Jim Hackett, left, meets with Dr. Herbert Diess, CEO of Volkswagen AG, Jan. 14, 2019, at the North American International Auto Show in Detroit. (Carlos Osorio/Associated Press)

Volkswagen AG and Ford Motor Co. will join forces to build pickup trucks, delivery vans and possibly more, pledging to put old rivalries aside and work together to confront a rapidly changing auto industry.

January 15, 2019
Business, Technology, Logistics

Ford’s Global Cost Purge Hits Europe With Thousands of Job Cuts

Ford Trucks Daniel Acker/Bloomberg News

Ford Motor Co. said it will cut thousands of jobs, weed out slow-selling variants and potentially close entire factories in Europe, as the carmakers’s global cost-cutting drive targets a region that has been a drag on earnings for years.

Elisabeth Behrmann | Bloomberg News
January 10, 2019
Business, TCA

History Channel Debuts ‘Truck Weekend in America’

Ford F-150 trucks on a lot Ford F-150 pickup trucks on a lot. (Keith Srakocic/AP)

Inspired by the “Shark Week” ratings phenomenon, the History Channel is turning to trucks. At 8 p.m. Nov. 10, “Truck Weekend in America” launches six hours of truck programming that spotlights new trucks, rescue trucks, restoring trucks, how trucks are built in factories and how trucks have transformed our culture.

Phoebe Wall Howard | Detroit Free Press
November 8, 2018
Business, Technology, Equipment, Fuel

Ford Trucks Debuts Cabover Tractor for International Markets

Ford's F-Max Ford's F-Max cabover tractor makes its debut at IAA. (Seth Clevenger/Transport Topics)

HANOVER, Germany — Ford Trucks offers only light- and medium-duty vehicles in North America, but the brand is aiming to make a splash in the heavy-duty segment in certain international markets.

Seth Clevenger | Managing Editor, Features
September 24, 2018
Government, Business, Technology, Logistics, TCA

Ford to Spend $740 Million as Part of Detroit Train Station Project

Michigan Central train station Ford Motor Co. Executive Chairman Bill Ford (left) and CEO James Hackett pose outside the Michigan Central train depot on June 19 in Detroit. (Carlos Osorio/AP)

Ford Motor Co. will spend nearly $740 million to renovate the Michigan Central Station and other sites the automaker purchased in Detroit’s Corktown neighborhood, the company said Aug. 14.

Cindy Burton | Detroit Free Press
August 15, 2018
Business, Technology, Autonomous, TCA

Ford Profit Plunges by 50% in 2Q

Ford F-150 trucks on a lot A row of Ford F-150 pickup trucks on a lot. (Daniel Acker/Bloomberg)

Ford Motor Co. profit fell to $1.07 billion in the second quarter, down about 50% from the $2.05 billion it made in the second quarter of 2017.

Joseph S. Pete | The Times (Munster, Ind.)
July 27, 2018