Ford Market Value Tops $100 Billion on Surging Electric Vehicles
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.
Ford’s Market Value Tops GM for First Time in Five Years
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.
Ford to Launch Food Program in Detroit Using Autonomous Shuttle
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.
Ford to Cut Debt Costs by Retiring ‘COVID Bonds’
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.
Ford’s Climb Takes Stock Above Levels Last Seen Under Mulally
Ford Motor Co.’s shares have climbed steeply over the past couple of months, pushing them to levels last seen when Alan Mulally — the former CEO who is often called the company’s savior — was at the wheel.
Ford to Make Electric Power Units in England
LONDON — Ford Motor Co. plans to spend up to $315 million to turn a transmission factory in northwest England into a plant that will make electric power units for cars and trucks sold throughout Europe.
October 18, 2021Ford Plans Three EV Battery Factories, Auto Plant in Ky., Tenn.
In the single largest manufacturing investment in its 118-year-history, Ford Motor Co. on Sept. 27 said it and a partner will invest $11.4 billion and create 11,000 new jobs to build electric vehicles and batteries at two new sprawling campuses in Tennessee and Kentucky.
Ford Expands Electric-Truck Factory in Michigan as Demand Surges
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.
GM, Ford Halt Some Production as Chip Shortage Worsens
DETROIT — The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks..
GM Sues Ford in Fight Over Branding of Self-Driving Cars
General Motors Co. is suing its competitor Ford Motor Co. for violating a trademarked driver-assist technology that’s used for hands-free features, according to a lawsuit.