Latest News, Updates & Breaking Headlines
President Donald Trump speaks with Corey Williams, Ford River Rouge Plant Manager, during a tour of the Ford River Rogue complex, Tuesday, Jan. 13 (AP photo) US President Donald Trump a visited a Ford Motor Co. assembly line in Michigan on Tuesday in an attempt to push his manufacturing agenda, as his administration works to…
Ford has redrawn its electric vehicle roadmap, announcing that it will pull back from large EVs as the US carmaker transitions towards hybrids, petrol-powered trucks and a new battery storage venture. The auto giant also predicted profits to take a hit of almost $19.5 billion in the next few years.The US automaker, on Monday, said…
Renault and Ford have announced a new partnership aimed at jointly developing small, low-cost electric vehicles and commercial vans for the European market, in an effort to reduce production costs and defend their market share against fast-growing Chinese automakers. Speaking to reporters in Paris on Monday ahead of the announcement, Ford CEO Jim Farley underlined…
Ford Motor company CEO Jim Farley recently shared his thoughts on America’s labour future. He revealed that the company is struggling to fill around 5,000 skilled-mechanic roles despite offering salaries around $120,000. Now once again, Farley has said that the realm crises facing America is the shortage of trade workers. In an appearance on the…
Ford CEO Jim Farely recently warned of a major shortage of skilled workers in the US. In an interview with Axios, Farley stated that the US can not lead in the AI race and advanced manufacturing unless it strengthens its key blue-collar industries. Now, billionaire Anand Mahindra has also pointed out the same crisis. In…
Ford Motor Company CEO Jim Farley has issued one of his starkest warnings yet about America’s labour future, revealing that the company is struggling to fill 5,000 skilled-mechanic roles despite offering salaries of around $120,000. Calling it a “serious problem” for the country, Farley said the shortage of trained workers is no longer an industry…
Ford CEO Jim Farley has joined a list of auto makers who are raising concerns about Apple’s expanding control over in-car systems through its new CarPlay Ultra platform. “We don’t like the execution of Ultra in round one,” Farley told The Verge, adding “I’ve talked to Tim [Cook] many times about this. Ford does not…
NEW DELHI: American automaker Ford is returning to India, but this time to manufacture engines and not cars. The company on Friday said it will invest Rs 3,250 crore to produce new generation engines at its Chennai plant.The automaker, which exited the Indian market in 2021, said it has signed a memorandum of understanding with…
Ford Motor Co is set to re-enter India with a fresh manufacturing plan worth about Rs 3,250 crore ($370 million). The American automaker on Friday announced restarting manufacturing activity at its Chennai facility, marking a major development after its exit from the Indian automotive market in 2021.The decision comes even as US President Donald Trump…
US auto major Ford is revisiting its strategy for the Maraimalai Nagar plant near Chennai, with top executives expected to hold a meeting to decide the facility’s future, people familiar with the matter told ET. “The Trump tariffs have made the company reassess the financials underlying the original plan,” one source said. The company could…
