Ford motor company
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Ford reported a 65 percent drop in Q1 profits
May 7, 2025Ford reported a 65 percent drop in first-quarter profits on Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty. The carmaker estimated a full-year net... -
Ford Motor Co to recall 20,484 hybrid crossover SUVs over battery concerns, NHTSA said
Jan 1, 2025The National Highway Traffic Safety Administration said on Tuesday that Ford Motor Co (F.N), opens new tab would recall 20,484 hybrid crossover SUVs over battery concerns. The recall includes certain Ford Escape and luxury Lincoln Corsair... -
Ford to appoint a new head of quality
Dec 19, 2024Ford Motor is appointing a new head of quality, the company confirmed on Wednesday, as the automaker works to reverse its industry-topping record of recalls and reduce warranty costs. The automaker will move control of its... -
Ford became the latest US automaker to report weaker growth in domestic new vehicle sales in Q3
Oct 3, 2024Ford on Wednesday became the latest U.S. automaker to report weaker growth in domestic new vehicle sales in the third quarter, as buyers continued to shy away from purchases on affordability concerns. The company’s shares fell... -
Ford asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability
May 17, 2024Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying “everything is on the table,” according to a company memo seen by Reuters. Discounts and sharp price cuts... -
Ford posted a 0.5% drop in U.S. new vehicle sales for November on Monday
Dec 5, 2023Ford Motor posted a 0.5% drop in U.S. new vehicle sales for November on Monday, as the automaker worked to restart some of its key plants following a lengthy workers’ strike that impacted vehicle production. However,... -
Ford’s EV battery joint venture with SK Innovation to extend beyond North America into Europe
Aug 11, 2021Ford Motor Co’s electric vehicle battery joint venture with South Korea’s SK Innovation Co Ltd will extend beyond North America into Europe, a senior Ford executive said on Wednesday. In May, Ford announced the joint venture... -
Ford now considering making its own battery cells, CEO said
Nov 15, 2020Ford Motor Co has reversed course and is now considering making its own battery cells as sales volumes of electric vehicles rise around the world, the automaker’s top executive said on Friday. “We are discussing (battery)... -
BYD Co to supply EV batteries to Ford Motor Company
Jun 1, 2020BYD Co Ltd, will provide EV batteries to U.S. automaker Ford Motor Co, according to a document on the website of the Ministry of Industry and Information Technology. This marks BYD’s first-known battery supply deal with... -
GM and Ford plan for a possible economic downturn
Aug 14, 2019The top two U.S. automakers, GM and Ford are preparing for a possible economic downturn, the companies said on Tuesday, as an ongoing trade war between Washington and Beijing fuels fears of a global recession. Tit-for-tat...
