Ford

Ford, battery maker face job requirement for Tennessee plant

Ford Motor Co. and a South Korean company would have to create more than 5,000 full-time jobs at a planned electric pickup truck factory and battery manufacturing plant in Tennessee or pay back at least part of a $500 million state grant for the project, according to a lease approved Thursday by a regional board.

GM plans more than $3B for electric-vehicle projects in Michigan

General Motors Co. plans to invest more than $3 billion to make electric vehicles in Michigan, people familiar with the matter said, a potential win for the car maker’s home state after recent commitments of auto projects to Southern states.

Ford Bronco Sport, Escape recalled for brake issue

Ford is recalling 115,000 Bronco Sports and Escapes due to a braking system issue that can result in longer than acceptable stopping distances in the event of a brake vacuum booster failure.