Ford begins construction on $5.6 billion Tennessee electric truck factory
Ford has broken ground on the $5.6 billion Blue Oval City complex in Tennessee that will build electric trucks and batteries starting in 2025.
Ford expects additional $1B in inflation-related supply chain costs
Ford expects to have up to 45,000 vehicles – primarily high-margin trucks and SUVs – lacking certain parts in inventory at the end of the third quarter.
Ford CEO Farley explains why the brand isn't going all-electric like GM
Ford CEO Jim Farley said the company is investing in internal combustion engines as other brands leave the segment because not everyone is ready for electric vehicles.
Biden gets Detroit auto show tours from GM, Ford execs
President Biden toured the Detroit auto show on Wednesday, meeting with industry leaders. Biden drove a Cadillac Lyriq ahead of his speech on electric vehicles.
In or out: Ford gives dealers ultimatum on EV sales
Ford CEO Jim Farley has told dealers they need to decide by Oct. 31 whether or not they want to become certified to sell the brand's electric vehicles.
Biden to announce $900 million electric vehicle infrastructure overhaul at Detroit auto show
President Joe Biden will head to Detroit on Wednesday for the North American International Auto Show (NAIAS), where he will meet with auto company CEOs, unions and local leaders.
GM to offer franchise buyouts to U.S. Buick dealers
General Motors will offer buyouts to U.S. Buick dealers as an alternative for franchise owners who don’t want to pay the price of shifting Buick into an EV only brand.
Ford's two recalls hit nearly 500,000 vehicles
Ford has issued two U.S. recalls in as many days that impact nearly half a million vehicles, including cars, trucks and SUVs spanning several model years.
Ford hiking electric Mustang Mach-E prices by up to $8,100
Ford is increasing prices for the Mustang Mach-E electric SUV by up to $8,100 due to increased materials and supply chain costs as the order books reopen.
Ford laying off 3,000 employees to cut costs, pay for EV transition
Ford said on Monday it will notify some workers this week in the U.S., Canada and India that their jobs will be cut. The automaker will lay off 3,000 people.
Ford will appeal $1.7 billion verdict resulting from fatal crash in Georgia
Ford Motor Co. will appeal the $1.7 billion verdict against it that was delivered last week. The case stemmed from a pickup truck crash that killed a Georgia couple.
US opens probe into 1.7 million Ford vehicles over brake hose recall
The National Highway Traffic Safety Administration is looking into a 2020 Ford recall
A lunch with Ford CEO Jim Farley will cost at least $60,000, but there's a good reason
A lunch meeting with Ford CEO Jim Farley is being auctioned to help raise money for the upkeep of the Laguna Seca race track where he races vintage cars.
Ford F-150 Lightning gets big price hike as order book reopens
Ford will begin taking orders for the 2023 F-150 Lightning on August 11, but has increased the base price of the electric pickup by $7,000 for the new model year.
Americans want more off-road-style vehicles and automakers are here for it
Automakers are adding new active lifestyle versions of their mainstream models to improve their off-road capability and give them added styling for outdoorsy types.
Ford sales skyrocketed in July as other automakers crashed
Ford deliveries continued to rebound in July with an increase in deliveries of 36.6% compared to the same month last year as inventory continues to improve.
Ford 2Q profit up 19% on strong prices, sales increase
Ford had a good quarter as they had enough computer chips to boost factory output and sales.
These companies have paused hiring or laid off employees
Here is a FOX Business roundup of the companies that have either laid employees off or halted or slowed hiring.
Ford may lay off 8,000 workers in shift to EV production: report
Ford Motor Co. will reportedly lay off some 8,000 workers in the months ahead to cut profits and redistribute resources toward developing electric vehicles.
Florida family drives into electric car problem: a replacement battery costs more than vehicle itself
A Florida family ran into a major problem after buying an electric vehicle, the replacement battery costs more than they bought the car for.
















