Business

Carmakers Headed for 50% Sales Dive Can Breathe Easier

Automakers are headed for a less drastic U.S. sales collapse than feared, according to market researchers.

Keith Naughton | Bloomberg News
April 22, 2020
Business

Automakers Are About to Give an Inkling of the Sales Collapse Ahead

A year that started off well for the U.S. auto market, with only a subtle downshift expected following years of strong demand, is suddenly shaping up to be a disaster.

Keith Naughton | Bloomberg News
March 31, 2020
Business, Safety

Ford Bans All Business Trips After Two Employees Contract Coronavirus

Ford Motor Co. has banned all air travel for business after two of its employees in China contracted the coronavirus.

Keith Naughton | Bloomberg News
March 3, 2020
Business

Ford COO Sees 2009 Crisis Flashback on Faces of Colleagues

Ford Motor Co.’s recently appointed chief operating officer said the struggling automaker is operating with the same sense of urgency and crisis that kept the company out of bankruptcy a decade ago.

Keith Naughton | Bloomberg News
February 26, 2020
Business, Technology

Ford’s Lincoln Partners With Rivian for First Electric Model

Lincoln is building its first fully electric vehicle with Rivian Automotive Inc., the battery-powered truck and SUV maker Ford Motor Co. backed with a $500 million investment last year.

Keith Naughton | Bloomberg News
January 29, 2020
Business

Ford Sales Miss Estimates on 15% Drop in Explorer Deliveries

Ford Motor Co.’s fourth-quarter U.S. sales fell more than expected as a decline in deliveries of its redesigned Explorer dragged down sport-utility vehicle results.

Keith Naughton | Bloomberg News
January 6, 2020
Business, Technology

Ford Challenges Tesla to a Truck Tug of War

Tesla Inc.’s Elon Musk plainly says his pickup is a “better truck than an F-150.” Ford Motor Co. is taking issue with that claim.

Keith Naughton | Bloomberg News
November 25, 2019
Business, Technology, Equipment, Fuel

Ford Unveils Electric Mustang SUV to Challenge Tesla Dominance

Ford Motor Co. is reinventing one of its marquee models — the Mustang muscle car — as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.

Keith Naughton | Bloomberg News
November 18, 2019
Business, Technology, Fuel, Autonomous

Ford Puts Iconic Mustang Name on First Electric Crossover

Ford Motor Co., which pioneered the racy pony-car body style 55 years ago, will use the Mustang name and insignia on an electric crossover utility vehicle coming next year.

Keith Naughton | Bloomberg News
November 15, 2019
Business

Ford to Close Michigan Engine Factory

Ford Motor Co. is closing a Michigan engine factory as part of the tentative agreement it reached with the United Auto Workers Oct. 30, as the automaker begins to shift from traditional internal combustion engines to battery-powered vehicles.

Keith Naughton | Bloomberg News
October 31, 2019