Ford Vietnam has issued a recall order of 2,470 Ranger and Everest vehicles to update the software in the transmission control module (TCM) and powertrain control module (PCM). The recall program will begin on March 16 this year and last until March 15, 2023.…
Ford Motor Co has dissolved its stake in Velodyne Lidar Inc, a maker of sensors used in self-driving cars, according to a regulatory filing on Monday. As of Sept. 30, Ford had a passive stake of 7.6% or 13.07 million shares in Velodyne. Velodyne is one of…
Ford announced Thursday it is accelerating its investment in electric cars, but cautioned that the industry-wide shortage of semiconductors would pinch profits in 2021. The US auto giant, released fourth-quarter and annual results and said it plans $22…
If it often befuddled you why carmakers like Ford were developing their own car infotainment system software, then that’s about to change. Ford has stated that starting in 2023, it will be turning to Google’s Android Automotive platform for the operating…
Quality is once again Job One at Ford Motor Co. Taking a page from the automaker’s ad slogan of the 1980s and ’90s, Ford’s new chief executive, Jim Farley, is aiming to rein in rising warranty repair costs that are a key reason why the Dearborn, Michigan,…
Ford is developing a technology in the UK that could make road travel in the urban jungle safer and easier reports the Drive in Australia. Ford’s technology is said to have the ability to ‘foresee traffic incidents’ and present them from happening. Ford…
It’s been over a week since the explosion at the Beirut port in Lebanon, and the damage to the people, economy and the city at large is insurmountable. The extent of the destruction is devastatingly visible in the form of this Audi dealership that’s been…
Ford Motor Co said its China vehicle sales increased 3 percent in April-June from a year earlier, its first quarterly sales rise in the world’s biggest auto market in almost three years. Ford has been seeking to recover from a slump in sales unprecedented for…
Ford Motor said on Tuesday its second-quarter loss would more than double to over $5 billion from $2 billion in the first quarter due to the impact of the coronavirus pandemic, but added it had enough money despite the crisis to last the rest of 2020. “We…
Ford Motor Co on Friday raised $8 billion from corporate debt investors to shore up its cash reserves as the coronavirus outbreak pummeled vehicle sales and production, resulting in an estimated loss of about $2 billion for the first quarter. The Dearborn, a…
Ford Motor said on Monday it expects to post a pre-tax loss of about $600 million for the first quarter as the coronavirus outbreak pummeled its sales and shuttered vehicle assembly plants, resulting in a 21% drop in vehicle sales to dealers versus the same…
Ford said on Sunday it would shut its Spanish plant in the eastern region of Valencia for one week starting on Monday after three employees tested positive for coronavirus. “We have had three positive cases of COVID-19 in the Ford Valencia plant in the past…
Ford Motor China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles. The U.S. automaker…
Ford Motor and McDonald’s USA have collaborated to convert coffee bean skins to vehicle parts such as headlamp housing. We all know that the dried skin (chaff) of the bean comes off during the roasting process and it’s this skin that Ford will use to…
The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker. The Mach E has become within Ford a high-profile test for a restructuring that has been marred by profit…
Ford Motor plans to close an engine plant in Romeo, Michigan, as part of a tentative agreement with the United Auto Workers union for a new four-year contract, a source told Reuters on Thursday. The 600 hourly workers at the plant will be offered jobs at a…