Latest News Updates From Keith Naughton

Business

Ford Sales Miss Estimates on 15% Drop in Explorer Deliveries

Ford Motor Co.鈥檚 fourth-quarter U.S. sales fell more than expected as a decline in deliveries of its redesigned Explorer dragged down sport-utility vehicle results.

January 6, 2020
BusinessTechnology

Ford Challenges Tesla to a Truck Tug of War

Tesla Inc.鈥檚 Elon Musk plainly says his pickup is a 鈥渂etter truck than an F-150.鈥 Ford Motor Co. is taking issue with that claim.

November 25, 2019
BusinessTechnologyEquipmentFuel

Ford Unveils Electric Mustang SUV to Challenge Tesla Dominance

Ford Motor Co. is reinventing one of its marquee models 鈥 the Mustang muscle car 鈥 as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.

November 18, 2019
BusinessTechnologyFuelAutonomous

Ford Puts Iconic Mustang Name on First Electric Crossover

Ford Motor Co., which pioneered the racy pony-car body style 55 years ago, will use the Mustang name and insignia on an electric crossover utility vehicle coming next year.

November 15, 2019
Business

Ford to Close Michigan Engine Factory

Ford Motor Co. is closing a Michigan engine factory as part of the tentative agreement it reached with the United Auto Workers Oct. 30, as the automaker begins to shift from traditional internal combustion engines to battery-powered vehicles.

October 31, 2019
BusinessTechnologyLogisticsAutonomous

Waymo CEO Sees Driverless Trucking Catching on Faster Than Taxis

True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company鈥檚 chief executive officer says robot ride hailing may not be the first form of automotive autonomy to take off commercially.

October 29, 2019
Business

Ford Cuts 2019 Outlook

Ford Motor Co., struggling to roll out its redesigned Explorer sport-utility vehicle, cut its full-year forecast by $500 million, in a sign an $11 billion restructuring by Chief Executive Officer Jim Hackett will take more time before a promised payoff.

October 23, 2019
BusinessTechnologyAutonomous

Lyft Making Driverless Data Public in Bid to Speed Development

Lyft is making research data on self-driving technology available to the public in a bid to accelerate the development of robotic cars, which is seen as critical to the ride-hailing giant鈥檚 future viability.

July 23, 2019
GovernmentBusinessLogistics

Mexico Tariff Would Have 鈥楽ignificant鈥 Negative Impact, Ford Says

Ford Motor Co. would feel a serious impact if tariffs are levied on the cars, engines and transmissions it imports from Mexico, but a top executive at the automaker expressed optimism the trade dispute can be resolved without lingering damage.

June 6, 2019
Business

Ford Truck Profits Hide Need for More Cuts, Morgan Stanley Says

Ford Motor Co. may need to cut more than the recently announced 7,000 salaried workers to compensate for slowing auto sales, a situation that鈥檚 not readily apparent because its F-Series pickup helped 鈥渃over industry blemishes鈥 with $10 billion in pretax earnings last year, Morgan Stanley said.

May 21, 2019

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