Latest News Updates From Keith Naughton

BusinessTechnology

Ford to Promote Farley to CEO After Hackett鈥檚 Failed Turnaround Bid

Ford Motor Co. will promote Jim Farley to CEO on Oct. 1 to replace Jim Hackett, who has elected to retire after his three-year bid to turn around the automaker failed to gain traction.

August 4, 2020
BusinessTechnologySafetyAutonomous

Ford Takes on Tesla With Hands-Free Driving for Electric Mustang

Ford Motor Co. plans to install a hands-free driving system on its electric Mustang Mach-E model coming later this year as it attempts to muscle in on the high-tech turf now dominated by Tesla Inc.

June 18, 2020
BusinessEquipmentSafety

Ford Sees Plants Resuming Pre-Virus Production Within Weeks

Ford Motor Co. expects its U.S. plants will come all the way back from coronavirus-related shutdowns within the next month, a top executive said.

June 10, 2020
BusinessTechnologyAutonomous

Self-Driving Startup Argo Completes $2.6 Billion Tie-Up With VW

Argo AI, the self-driving startup tightly aligned with Ford Motor Co., completed an expected tie-up with Volkswagen AG involving a $2.6 billion investment from the German automaker.

June 2, 2020
GovernmentBusinessSafety

Detroit Divided Over What It鈥檒l Take to Make Cars Again

The safety measures that Ford Motor Co. has spent weeks preparing to resume North American production fell short of assuaging the United Auto Workers union, which could stand in the way of much of the industry鈥檚 plans to reopen.

April 30, 2020
Business

Carmakers Headed for 50% Sales Dive Can Breathe Easier

Automakers are headed for a less drastic U.S. sales collapse than feared, according to market researchers.

April 22, 2020
Business

Automakers Are About to Give an Inkling of the Sales Collapse Ahead

A year that started off well for the U.S. auto market, with only a subtle downshift expected following years of strong demand, is suddenly shaping up to be a disaster.

March 31, 2020
BusinessSafety

Ford Bans All Business Trips After Two Employees Contract Coronavirus

Ford Motor Co. has banned all air travel for business after two of its employees in China contracted the coronavirus.

March 3, 2020
Business

Ford COO Sees 2009 Crisis Flashback on Faces of Colleagues

Ford Motor Co.鈥檚 recently appointed chief operating officer said the struggling automaker is operating with the same sense of urgency and crisis that kept the company out of bankruptcy a decade ago.

February 26, 2020
BusinessTechnology

Ford鈥檚 Lincoln Partners With Rivian for First Electric Model

Lincoln is building its first fully electric vehicle with Rivian Automotive Inc., the battery-powered truck and SUV maker Ford Motor Co. backed with a $500 million investment last year.

January 29, 2020

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