Ford

Carvana's success rides on used-car loans

Online used-car dealer Carvana Co., known for its vehicle vending-machine towers, has a secret sauce to its business success: a way of handling car loans that turbocharges revenue.

Ford offering voluntary buyouts

Ford Motor Co. is offering early buyouts to some U.S. workers ias it works to transform its automotive operations.

Ford cruises by chip shortage, boosts outlook

Ford Motor Co. revved up surprise second-quarter profits this year – powered by climbing pickup and SUV prices even as a global computer chip shortage forced it to pump the brakes on production.

Ford to open new electric vehicle battery facility in Michigan

The new collaborative learning lab, dubbed Ford Ion Park, represents $100 million of the automaker's total $185 million investment in developing, testing, and building electric vehicle battery cells and cell arrays. It is also part of the company's $30 billion investment in electrification by 2025.