The Ford Focus is favored by Canadian car buyers for its practicality, efficiency, and impressive driving dynamics. The Ford Focus typically comes with a smooth and responsive 6-speed automatic transmission. The Ford Focus has a comfortable and user-friendly interior. The Ford Focus has been a popular choice among Canadian car buyers for its practicality, efficiency, … Read more
Ford Motor Co. has halted production and shipments of the F-150 Lightning electric pickup. SK Innovation shares dropped as much as 3.9%. Ford released dismal quarterly results earlier this month. The F-150 Lightning electric pickup’s production and shipments have been halted, according to Ford Motor Co., which made the discovery during pre-delivery inspections. “We are … Read more
Ford announce their return to Formula 1 for the 2026 season. Ford will want to add to its total of 10 constructors’ and 13 drivers’ championships. They are expected to reveal that starting in 2026, they will partner with Red Bull. After being absent from Formula 1 for more than 22 years, Ford has announced … Read more
The reorganisation affects 2,000 salaried and 1,000 contract jobs. Traditional car companies have sped up production of their electric models in response to competition from Tesla. Ford said in March that it planned to save $3 billion a year by spending less on traditional cars. Ford, a big US automaker, said Monday that it is … Read more
The Mustang Mach-E took the position of the Tesla Model 3 as Consumer Reports’ Top Pick. In May, the Automobile Association of America (AAA) Car Guide awarded it the Best Car. In June 2021, it received the inaugural EV of the Year award from Car and Driver. The first genuine attempt that Ford has made … Read more
Ford is recalling SUVs in the US due to a different issue that also results in engine fires. The company has 23 incidents of fires that occur while the engines are running. Owners will be informed beginning on August 8. Following some engine fires that have occurred even while the ignition switches are off, Ford … Read more
Ford declares worst quarterly sales in China since coronavirus outbreak. Ford sold 120,000 vehicles during the second quarter, a 22 percent decrease from a year earlier. The second quarter sales for General Motors fell 35.5 percent to 484,200 vehicles. In the midst of a rise of Covid-19 cases in the nation and continued issues with … Read more
US automaker plans to electrify all of its vehicles in Europe by 2030 and vans by 2035. Ford warns of ‘significant’ job cuts as it chooses Valencia for EV production. Ford’s new proprietary system will be implemented in factories around the world. Ford has chosen its Valencia plant in Spain to produce battery cars, resulting … Read more
Solid Power’s pilot manufacturing line has begun producing solid-state EV batteries for internal testing. Later this year, the business will begin selling batteries for testing to Ford and BMW. If all goes well, mass production might begin as early as 2024. Solid Power, a Colorado-based battery start-up sponsored by BMW and Ford Motor, announced the … Read more
New York: The stock of Rivian dropped 13% on Monday as early investors, including Ford, took advantage of the first opportunity to sell their shares. Rivian’s 180-day “lockup” period, which barred insiders and early investors from selling their shares, ended on Monday. Ford, which owns a 11.4 percent stake in Rivian, plans to sell 8 … Read more
Commodity costs have been a headwind for Ford Motor, according to CEO Jim Farley, who told CNBC’s Jim Cramer on Wednesday that the business has been able to counterbalance them through its pricing strategy. “The commodity pressure, the premium freight we’re seeing, I mean it’s really real. … The good thing is, our pricing has … Read more
LONDON: Wasps ended Leicester’s perfect start to the season with a 16-13 victory in the English Premiership on Sunday as Bath won for the first time this campaign by defeating 14-man Worcester. Leicester had won 15 consecutive matches but the Tigers paid for their ill-discipline against a Wasps side who had only won one of their last eight … Read more
DUBAI: Nissan is eco-friendly but also consumer-led, a top official from the Japanese automaker said in the wake of the company not signing a COP26 global pledge to phase out gas-guzzling cars, Arab News reported. As many as 30 national governments joined the deal struck in Glasgow last month, as the transportation industry races to fix decades … Read more
RIYADH: US Ford Motor Co will explore buying chips directly from GlobalFoundries, as a response to a global semiconductor shortage that’s crimped profits and production, Bloomberg reported. The Dearborn Michigan-based automaker said Thursday it’s forming a “strategic collaboration” with GlobalFoundries, which went public in a $2.6 billion listing last month and recently moved its headquarters from California … Read more
Ford Motors Co. became the latest automaker company to shut down its local production facilities in India. They will stop making cars, two sources told Reuters. Ford made this difficult decision after it noticed that the company has not been in profit in the country recently, said one of the sources. The process will take … Read more
Yet another automaker backed out from President Trump’s efforts to overturn California’s ability to set fuel efficiency rules. Nissan said it was joining General Motors in abandoning the group of car companies that were previously supporting Trump’s efforts. GM made an announcement on 23rd November saying it will leave the group of automakers which include … Read more
While Wall Street continued to ogle Tesla´s skyrocketing valuation Wednesday, shares of Ford and General Motors (GM) were under pressure after reporting fourth-quarter losses. Ford also closed plants in Europe and South America and GM has struggled to completely shake the effects of a 40-day strike last year that effectively shut down its US operation. … Read more
