Ford Motor Co. is investing $700 million at its sprawling truck factory in Louisville, Ky., and adding 500 workers to help build a redesigned version of its largest F-Series pickups.
September 27, 2022Latest News Updates From Keith Naughton
Ford to Invest $700 Million in Kentucky Plant to Build Big Pickups
Ford Breaks Ground on $5.6 Billion Complex for EVs, Batteries
Ford Motor Co. has begun construction of its $5.6 billion electric vehicle manufacturing complex in western Tennessee, the largest factory project in the automaker’s 119-year history.
September 23, 2022CSX Hires Ex-Ford Executive Joseph Hinrichs as CEO
CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a former top executive with Ford Motor Co.
September 15, 2022Ford to Cut 3,000 Jobs to Fund Shift Toward EVs
Ford Motor Co. said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles.
August 22, 2022A Quarter of Americans Say Their Next Car Will Be an EV
A quarter of Americans surveyed say they will buy an electric vehicle as their next automobile as gasoline prices soar to record levels.
July 13, 2022Ford Sales Jump in June on Gains for F-Series Pickups
Ford Motor Co. sales jumped 31.5% in June thanks to big gains from its top-selling pickup truck line, including the electric F-150 Lightning.
July 5, 2022Ford Halts Sales of Mustang Mach-E Over Defect
Ford Motor Co. has told dealers to temporarily halt sales of the Mustang Mach-E over a potential safety defect, a setback for the carmaker as it tries to fortify its position as a leader in electric vehicles.
June 14, 2022Ford-Backed Argo Goes Driverless in Miami, Austin
Argo AI, the driverless startup backed by Ford Motor Co. and Volkswagen AG, has started testing self-driving vehicles in Miami and Austin, Texas, without a human behind the wheel.
May 17, 2022Ford Profit Falls Short of Estimates Despite Rising Car Prices
Ford Motor Co. reported fourth-quarter earnings that missed analysts’ estimates despite a surge in prices for its vehicles, and warned of higher commodity costs in the year ahead.
February 3, 2022Ford Market Value Tops $100 Billion on Surging Electric Vehicles
Ford Motor Co.’s market value topped $100 billion as investors bet on the 118-year-old automaker’s prospects in the dawning electric age.
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