Ford Motor Co. is idling its plant in Dearborn producing all-electric F-150 Lightning pickup trucks starting in mid-November into next year, the Dearborn automaker confirmed on Thursday. “We continue to adjust production for an optimal mix of sales growth and profitability,” spokesperson Jess Enoch said in a statement. U.S. Lightning sales are up 86% year-over-year, […]
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Ford lays off thousands as EV demand plummets
Ford Motor Co. said that it would reduce the number of workers making its F-150 Lightning truck as demand for electric vehicles continues to weaken. About 1,400 employees will be impacted as the Rouge Electric Vehicle Center transitions to one shift beginning April 1, the Dearborn, Michigan-based automaker said Friday in a statement. The company […]
After 47 years, Ford retires the Fiesta
The last Ford Fiesta leaves the assembly line on Friday, marking the end of an era for a model that sold 22m vehicles globally and is the UK’s all-time bestselling car. As the final vehicle leaves production in its factory in Cologne, Germany, Ford will be ushering in a new line of electric vehicles. Ford […]
Ford’s Electric Vehicle Unit has lost billions
Ford Motor Co.’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. The figures were released Thursday as Ford rolled out a new way of reporting financial results. The new business structure separates […]
Gas powered Ford Mustang meets it’s demise
Electric vehicles and the possibilities that advances in computing afford was on the tips of the tongues of revelers last night as they gathered around the Lincoln L100 Concept at the Pebble Beach Concours d’Elegance. Ford Chairman Bill Ford and Edsel Ford II, both great-grandsons of Ford Motor Company founder Henry Ford, were in attendance […]
Ford Cancels New Plant In Mexico, Moving Production There Anyway
Ford Motor Co. announced Tuesday it has scrubbed plans to build a new $1.6 billion assembly plant in Mexico, a project that had been spotlighted by then-candidate Donald Trump, especially after Ford said it would move small car production from the U.S. into that new factory. But while the move is being hailed by some […]
Ford Recalls Over 500,000 Vehicles Due To Safety Concerns
Vehicles are not supposed to leak fuel or oil. Still, several models of Ford vehicles apparently include those issues, leading the carmaker to announce three recalls covering nearly 500,000 vehicles. Ford on Wednesday released yet another batch of recalls for unrelated issues in several models of its cars. The first recall covers approximately 8,026 model year […]