Ford Motor News Updates

BusinessTechnologyEquipmentFuelTCA

Ford to Transform Ontario Plant Into EV Factory

Ford Motor Co. is investing $1.3 billion to transform its Oakville Assembly Plant in Ontario, Canada, to assemble multiple electric vehicles and battery packs.

April 11, 2023
GovernmentBusinessTechnologyEquipmentFuel

F-150 Lightning Is Ford’s Only EV to Get Full Tax Credit

Ford Motor Co. expects only its F-150 Lightning pickup to qualify for a full tax credit under a new law designed to spur adoption of battery-powered models.

April 6, 2023
BusinessTechnologyEquipmentFuel

GM Passes Ford in Q1 EV Sales, Still Trails Tesla

DETROIT — General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race.

April 4, 2023
BusinessEquipmentFuelTCA

Ford Sales Up 10.1% in Q1

Ford Motor Co.’s sales rose 10.1% year-over-year in the first quarter, lifting the Blue Oval to the best-selling brand — but not manufacturer — in the country for the January-March period.

April 4, 2023
BusinessTechnologyEquipmentSafetyAutonomous

Ford CEO Says Next Electric Pickup Truck Will Drive Itself

Ford Motor Co. plans to make driver-assistance features central to the next electric F-Series pickup — so much so that you might be able to take a snooze at 60 mph.

March 24, 2023
BusinessTechnologyAutonomous

Founders of Defunct Argo AI Launch New Self-Driving Startup

The founders of Argo AI, the autonomous vehicle company that was shut down last year, are launching a new self-driving business that could specialize in trucking and ride-hailing, according to people familiar with the matter.

March 7, 2023
BusinessEquipment

Ford to Invest $700 Million in Kentucky Plant to Build Big Pickups

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, 2022
BusinessTechnologyEquipmentAutonomous

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, 2022
BusinessTechnologyEquipment

Parts Shortage Forces Ford to Cut Its Q3 Earnings Forecast

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.

September 20, 2022
BusinessLogistics

CSX 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, 2022

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