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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.

DEARBORN, Mich. — A parts shortage that has thousands of Ford’s most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.

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.

DETROIT — Ford Motor Co.’s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.

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.

Nicholas Schmidt of Standish, Mich., became owner No. 1 of Ford Motor Co.’s first electric pickup, the F-150 Lightning.

DETROIT — Ford Motor Co. CEO Jim Farley says the automaker has no plans to spin off its electric vehicle or internal combustion businesses, but is reinventing itself by removing costs and ramping up for large-scale EV and software sales.

Ford Motor Co. this week began shipping its new all-electric E-Transit cargo van from its Kansas City Assembly Plant in Missouri to customers across the U.S.

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.

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.