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Keyword: fordmotor

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  • Ford is basically giving up on US car business, and GM is not far behind

    04/26/2018 2:35:14 PM PDT · by Red Badger · 129 replies
    CNBC ^ | 04/26/2018 | Robert Ferris
    Ford's plan to reduce its passenger car lineup to just two models, and GM's difficulty selling passenger cars in the U.S. show how much tastes are drifting toward trucks, SUVs and crossovers. Ford will only update the Focus Active crossover and Mustang for the U.S. market, while GM called out a challenging passenger car environment. ====================================================================================================== So is it really the end of the American car on its home turf? From the way Detroit's major executives are talking, it would seem so. Ford said Wednesday it will only offer two new cars in North America over the coming years —...
  • Business Ford to stop selling every car in North America but the Mustang and Focus Active

    04/25/2018 6:52:04 PM PDT · by central_va · 149 replies
    yahoo business ^ | 4.25.18 | Matt Burns
    Ford today announced it will phase out most cars it sells in North America. According to its latest financial release, the auto giant will "will transition to two vehicles" being the Mustang and an unannounced vehicle, the Focus Active, as the only traditional cars it sells in the region. Ford sees 90 percent of its North America portfolio in trucks, utilities and commercial vehicles. Citing a reduction in consumer demand and product profitability, Ford is in turn not investing into the next generation sedans. The Taurus is no more.
  • Ford plans to ramp up production of the Expedition and Lincoln Navigator amid soaring demand

    02/12/2018 6:29:23 AM PST · by ilovesarah2012 · 38 replies
    CNBC ^ | February 12, 2018 | Phil LeBeau
    With demand for its redesigned full-size SUVs surging, Ford Motor is expanding production of the Expedition and Lincoln Navigator. The automaker will be increasing production of the two SUVs by approximately 25 percent. Both models are manufactured at Ford's truck plant in Louisville, Kentucky.
  • The Ford Ranger Is Finally Back

    01/16/2018 2:37:10 PM PST · by Red Badger · 140 replies
    www.popularmechanics.com ^ | 01/16/2018 | By Timothy Dahl
    Ford has officially announced the 2019 Ford Ranger, the long-awaited return of this midsize truck. From 1983 to 2011, the Ranger was one of the most popular pickups on the road. It disappeared as the car companies moved more and more toward oversized trucks, leaving a big fan base pining for the return of the Ranger ever since. The success of the Chevy Colorado has been a barometer for the mid-size truck market, and sales are up 83 percent since 2014. Now Ford is banking on the new Ranger as a Chevy rival and a solid alternative to its best-selling...
  • Ford Goes 'All In' on Electric Cars With $11 Billion Investment

    01/15/2018 12:58:38 PM PST · by cp124 · 149 replies
    Industry Week ^ | 1/15/2018 | cp124
    Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market. The carmaker will shell out $11 billion bringing 40 electrified vehicles to market by 2022, Jim Farley, president of global markets, said during a presentation at the Detroit auto show. That’s up from the $4.5 billion that Ford said in late 2015 it would invest through the end of the decade. “This $11 billion you’re seeing, that means we’re all in now,” Executive Chairman Bill Ford told reporters...
  • Ford sues pro wrestler John Cena for reselling his 2017 GT supercar

    12/03/2017 2:29:07 AM PST · by LibWhacker · 58 replies
    Automotive News ^ | 12/1/17 | Michael Martinez
    Ford Motor Co. is laying the legal smack down on WWE star John Cena.The automaker on Thursday filed a lawsuit against the pro wrestler after Cena resold his 2017 Liquid Blue Ford GT supercar less than a month after owning it, breaking a contract that said the vehicle couldn't be flipped until two years after purchase. Ford is seeking damages in excess of $75,000. It wants to buy back the vehicle for the price Cena paid ($463,376.50) and is seeking whatever profit Cena made off it."Upon information and belief, Mr. Cena has unfairly made a large profit from the unauthorized...
  • Ford CEO Mark Fields has been Fired.

    05/22/2017 2:52:48 AM PDT · by taildragger · 79 replies
    5/22/2017 | taildragger
    Freepers many sources of which I will link too, it broke here on local Radio and TV. Some are FR not approved so will be links only.
  • Ford Motor Co. Announces Investment in 3 Michigan Plants

    03/28/2017 4:44:28 AM PDT · by Enlightened1 · 5 replies
    Brietbart ^ | 03/27/17 | Ian Thibodeau and Melissa BurdenWARNER TODD HUSTON
    Ford Motor Co. is set to announce new investments in three plants in Michigan, reports reveal. The carmaker will reportedly invest a “significant amount” in assembly plants in Wayne, Flat Rock, and its Romeo Engine Plant, according to The Detroit News. The latest news of the carmaker’s U.S. expansion comes only two months after the company announced it was investing up to $700 million in its Michigan facilities. In February, Ford CEO Mark Fields said his company’s decision to create jobs in America rather than in Mexico is a “vote of confidence” in Trump’s incoming administration and the pro-business environment...
  • Trumps Give Biz Leaders 30 Days To Put Together Plan To Create Jobs

    01/23/2017 12:06:13 PM PST · by 2ndDivisionVet · 26 replies
    WWJ-FM ^ | January 23, 2017
    DETROIT (WWJ) – Ford Motor Co. CEO Mark Fields says President Donald Trump’s meeting with some big league business leaders was “very positive.” The new president met with a group of top manufacturing leaders — including Fields, Elon Musk, the head of SpaceX; Andrew Liveris, the CEO of Dow Chemical; and the executives from Dell, Johnson & Johnson and Lockheed Martin — for what the Trump administration called “a listening session” in the in the Roosevelt Room at the White House on Monday. Liveris told reporters following the meeting that he was impressed with how “engaged” the president was, explaining...
  • Ford confirms return of Ranger pickup and Bronco SUV

    01/09/2017 6:57:55 AM PST · by mandaladon · 130 replies
    Fox News ^ | 9 Jan 2017 | Gary Gastelu
    DETROIT – The Bronco is back! And so is the Ranger. Ford announced on Monday at the Detroit Auto Show that it will launch a new Ranger small pickup in 2019, followed by a Bronco SUV based on it in 2020. The news comes several months after the plans were unofficially revealed through comments made by UAW workers who will be building the trucks at Ford’s Michigan assembly plant -- home to the original Bronco from 1966-1986. That's not all: Ford F-150 Diesel coming in 2018 The factory was at the center of controversy recently when President-elect Donald Trump criticized...
  • SCUTTLED FORD PLANT HAS MEXICO FEARING MORE UNDER TRUMP

    01/04/2017 12:31:22 PM PST · by Enlightened1 · 49 replies
    AP ^ | 01/04/17 | PETER ORSI
    Ford Motor Company's cancellation of plans to build a $1.6 billion auto manufacturing plant in San Luis Potosi has sounded alarms throughout Mexico. Even as the country is being rocked by rowdy nationwide protests against a Jan. 1 gasoline price hike, the Ford news led the front pages of Mexico's most influential newspapers on Wednesday, and they tied the development directly to President-elect Donald Trump. "Trump leaves Mexico without 3,600 jobs," read the headline on El Universal. "Ford's braking jolts the peso," said Reforma, referring to the Mexican currency's nearly 1 percent slump following the news. "The jobs created in...
  • Scuttled Ford plant has Mexico fearing more under Trump

    01/04/2017 1:21:47 PM PST · by springwater13 · 104 replies
    "Mexico loses thousands of jobs with no word on a clear strategy for confronting the next U.S. government which has presented itself as protectionist and, especially, anti-Mexican," the paper wrote. "Trump will try to recover as many U.S. companies that have set up in Mexico as possible. He will try to make them return at whatever cost, through threats or using public resources." "Ford's decision is indicative of what awaits the economies of both countries," the daily La Jornada said. "For ours a severe decrease in investment from our neighboring country, and for the U.S. a notable increase in their...
  • Ford to scrap Mexico plant, invest in Michigan; CEO cites Trump policies

    01/03/2017 9:55:24 AM PST · by StormPrepper · 29 replies
    Foxnews ^ | January 03, 2017 | Foxnews
    Ford says it is creating new jobs in the US Before he's even taken office, President-elect Donald Trump has proven to be quite the job creator. Ford Motor Company announced Tuesday it will cancel a $1.6 billion plant planned for Mexico and will instead invest $700 million in a Michigan assembly plant, directly tying the decision to “pro-growth policies” championed by President-elect Donald Trump.
  • Ford cancels Mexico plant. Will create 700 U.S. jobs in 'vote of confidence' in Trump

    01/03/2017 8:47:52 AM PST · by MaxistheBest · 19 replies
    CNN.com ^ | 01/03/2017 | Heather Long and Poppy Harlow
    Ford is canceling plans to build a new plant in Mexico. It will invest $700 million in Michigan instead, creating 700 new U.S. jobs. Ford (F) CEO Mark Fields said the investment is a "vote of confidence" in the pro-business environment president-elect Donald Trump is creating. However, he stressed Ford did not do any sort of special deal with Trump. "We didn't cut a deal with Trump. We did it for our business," Fields told CNN's Poppy Harlow in an exclusive interview Tuesday. He said Ford did speak with Trump and vice-president elect Mike Pence this morning. Powered by SmartAsset.com...
  • Ford Cancelling Mexico Plant, Invest $700 million in MI expansion instead

    01/03/2017 8:05:42 AM PST · by rb22982 · 218 replies
    CNBC ^ | 1/3/2017 | CNBC
    Ford canceling plans for $1.6 billion plant in Mexico, investing $700 million in Michigan expansion instead
  • NY Times goes on safari to Texas, struggles to understand natives’ love for their “trucks”

    01/02/2017 12:50:18 PM PST · by heterosupremacist · 172 replies
    http://legalinsurrection.com/ ^ | 01/02/2017 | William A. Jacobson
    “People in Texas will buy trucks even if they’re not going to haul anything heavier than raindrops.” The NY Times went on safari to Texas, and it has an article about a peculiar love of the natives for trucks, Rodeo Offers a 90-M.P.H. Glimpse of Texans’ Truck Mania: Tim Spell has noticed a peculiar condition that affects Texans’ mental, physical and automotive well-being. “I call it ‘truck-itis,’” said Mr. Spell, the former automotive editor for The Houston Chronicle. “People in Texas will buy trucks even if they’re not going to haul anything heavier than raindrops. I was interviewing one guy....
  • Ford will ask Trump to cut fuel-economy rules, CEO says; 'no demand' for hybrid, electric cars

    12/05/2016 8:48:34 AM PST · by GonzoII · 125 replies
    Green Car Reports ^ | Dec 5, 2016 | Stephen Edelstein
    Last week, the U.S. Environmental Protection Agency ruled that existing emissions limits for passenger cars for 2022 through 2025 should remain in place. It's a decision that is already opposed by lobbyists representing the auto industry, and possibly by the incoming Trump Administration. Sure enough, one automaker says it has already begun talks with President-elect Donald Trump that include a request for lower emissions targets.
  • Ford to become first US automaker to import cars from India

    11/25/2016 2:49:27 PM PST · by 2ndDivisionVet · 24 replies
    India TV News ^ | November 25, 2016
    Despite the fact that Ford Motors is under fire from President-elect Donald Trump for importing cars from Mexico, the company will soon become the first US automaker to import vehicles from India. According to a report in CNN Money, the company has said that EcoSport compact crossover, introduced for the US market at the Los Angeles auto show, will be shipped to US from India starting 2018. The report says that the EcoSport, Ford’s smallest SUV, has been built at its assembly plant in Chennai for more than 100 markets around the world since 2013. About 15 per cent of...
  • Ford says Lincoln MKC production will stay in Kentucky, not move to Mexico. (Debunk the lie)

    11/18/2016 10:39:44 AM PST · by dynoman · 45 replies
    Antomotive News ^ | 11/18/16 12:16 am ET | Automotive News
    “DETROIT — Ford Motor Co. had considered moving production of the Lincoln MKC to Mexico, but instead the compact premium crossover will remain at the Louisville Assembly Plant, the automaker confirmed Thursday night. Ford spokeswoman Christin Baker said the Cuautitlan plant was the “likely” new plant for the MKC when the automaker’s deal with the UAW expires in 2019. But now the automaker plans to build the next generation of the MKC in Louisville, Kelli Felker, Ford’s global manufacturing and labor communications manager told Automotive News late Thursday.”
  • Ford’s Change on Kentucky Plant Is an Olive Branch to Donald Trump Administration

    Bill Ford’s phone call is the latest move by a business leader to thaw tension after Trump’s comments on trade One of the U.S. auto industry’s best-known figures has extended an olive branch to President-elect Donald Trump by informing him the car maker won’t move a small amount of production to Mexico, the latest effort by a business leader to thaw tension stemming from the incoming administration’s position on key issues, including global trade. Bill Ford, the great-grandson of Henry Ford and chairman of Ford Motor Co., called Mr. Trump on Thursday to tell him the company was reversing course...