Ford stops production of electric F-150 after battery fire
Ford Motor Co. has suspended production and halted shipments of the F-150 Lightning electric pickup after a battery caught fire during a pre-delivery quality check.
Watch CBS News
Ford Motor Co. has suspended production and halted shipments of the F-150 Lightning electric pickup after a battery caught fire during a pre-delivery quality check.
The Michigan automaker began selling the much-anticipated EV last year and has sold 15,617 of them as of December.
The Dearborn, Michigan-based company said it is looking for "a leaner, more competitive cost structure for Ford in Europe."
The factory near the city of Marshall would produce batteries with a lithium-iron-phosphate chemistry.
Red Bull powertrains and Ford will partner on the development of a hybrid power unit that will supply engines to both Red Bull and AlphaTauri when new F1 regulations begin in 2026.
CEO Jim Farley said Ford should have done better last year, and it left $2 billion in profits on the table that were within its control. He said Ford will correct that with improved execution this year.
The National Highway Traffic Safety Administration says it has 164 complaints about the trim pieces detaching on 2011 through 2019 Explorer SUVs. The probe covers about 1.86 million vehicles.
The Detroit automaker is increasing production of the Mach-E this year and is taking advantage of streamlined costs to reduce prices across the board, it said Monday.
The recall covers certain 2020 to 2023 Ford Explorers and Lincoln Aviators, and some 2020 to 2022 Lincoln Corsairs. All are equipped with 360-degree cameras.
The U.S. government's road safety agency has closed a more than six-year investigation into Ford Explorer exhaust odors, determining that the SUVs don't emit high levels of carbon monoxide and don't need to be recalled.
According to the automaker, the F-150 Lightning is the first electric truck to win by a unanimous vote.
Ford Motor Company has unveiled its float for the upcoming America's Thanksgiving Parade.
Ford is recalling more than 550,00 F-150 vehicles in the U.S. and Canada because the front windshield wiper motor may stop functioning, causing the wipers to stop working.
Ford sold 158,327 vehicles last month, down from almost 176,000 vehicles in the same period last year, the company said Wednesday.
Ford Motor Company unveiled the new 2023 Transit Trail on Thursday.
Stuart Rowley, chief transformation and quality officer, is leaving after 32 years with the company. He'll be replaced by Jim Baumbick, who is now vice president of product development operations and internal combustion engine programs, the company said Wednesday.
Ford Motor Company announced Wednesday it has sold its 49 percent share of Sollers Ford Joint Venture in Russia.
Ford has unveiled a new line of the Escape that includes hybrid models, and new sport lines.
Ford Pro CEO Ted Cannis showed off the new Ford Transit Trail Van for what the company calls America's best-selling commercial van in a teaser trailer posted on Twitter.
Ford is restructuring its vehicle development and supply chain operations, shuffling multiple executives just days after announcing that it would build up to 45,000 vehicles with parts missing due to shortages.
A parts shortage that has thousands of Ford's most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.
The latest model will be built at the Flat Rock facility and ready to hit the market next summer.
Ford is recalling nearly 200,000 large SUVs in the U.S. because the heating and cooling fan motors can fail and catch fire.
Ford is recalling more than 277,000 pickup trucks and cars in the U.S. because the rear view camera lens can get cloudy and reduce visibility for the driver.
Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition from internal combustion to electric vehicles.
