Ford's first-quarter net income falls 24% as combustion engine unit sees sales, revenue decline
Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline.
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Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline.
Federal investigators say the driver of a Ford electric SUV involved in a February fatal crash in Texas was using the company's partially automated driving system before the wreck.
Ford is recalling nearly 43,000 small SUVs because gasoline can leak from the fuel injectors onto hot engine surfaces, increasing the risk of fires.
With U.S. electric vehicle sales starting to slow, Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.
New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates.
The monthly publication included art, information on automotive products, recipes, restaurant and travel recommendations and other fun lifestyle-related topics.
The United Auto Workers and Ford Motor Company have reached a local tentative agreement. Nearly 9,000 autoworkers were set to go on strike Friday if a deal wasn't reached.
Trains won't be running through it; instead, it'll be an innovation hub for Ford, who made the date official early Tuesday morning.
Michigan Central Station is set to reopen on June 6.
The United Auto Workers is threatening a strike at Ford's most profitable plant if local contract issues aren't resolved by next week.
Ford's top executive says that last fall's contentious United Auto Workers strike changed the company's relationship with the union to the point where it will "think carefully" about where it builds future vehicles.
Ford says it swung to a net loss in the fourth quarter.
Ford is recalling nearly 1.9 million Explorer SUVs in the U.S. because a trim piece can fly off and create a hazard for other drivers.
Ford says it's reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth.
Ford will create 900 new jobs and add a third crew at its Michigan Assembly Plant to meet demand for the Bronco and Ranger vehicles, the company announced Friday.
Ford is looking at ways to use olive trees to create auto parts.
On Jan. 5, 1914, Henry Ford announced the $5 work day for eligible employees.
The Kia EV9 large electric SUV won the 2024 North American Utility of the Year award, while the Toyota Prius hybrid took the top car honors, and Ford's Super Duty pickup won the truck award.
Broken rear axle hub can cause affected vehicles to lose power or roll away while in park, increasing risk of crash.
Ford Motor Company said it will match the production of the F-150 Lightning to customer demand after reports that it plans to cut production in half.
General Motors projects subscription fees to bring in as much as $25 billion a year by 2030.
Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year.
The companies agreed to dramatically raise pay for top-scale assembly plant workers, with increases and cost-of-living adjustments.
Wednesday's discussion comes as tentative agreements have been reached with Ford, Stellantis and General Motors.
United Auto Workers members are continuing to vote on a proposed contract with Ford after a six-week strike. In the meantime, the automaker has called back its workers who were temporarily laid off.
