Ford

Ford will add two new electric vehicle platforms to its arsenal as it expands its lineup of electric vehicles. One will be used for full size trucks and the other for smaller cars and SUVs.

When the Ford F-150 Lightning goes on sale next year, these are some of the other electric trucks it could be competing against.

Ford CEO Jim Farley Tweeted that the automaker already has 44,500 reservations for the electric F-150 Lightning, just two days after it was revealed. President Biden took the truck for a spin on Tuesday ahead of its official debut.

Ford and SK Innovation have announced plans for a joint venture to build electric vehicle battery cells in the U.S. The cells will be used in the Ford F-150 Lightning and future models.

Ford's general manager of battery electric vehicles, Darren Palmer, said the Ford F-150 Lightning was designed to make margin, even with a starting price below $40K.

Ford is cutting back on production and issuing a series of temporary plant shutdowns as the automaker continues to feel the pain from a global semiconductor chip shortage.

The Ford Motor Company continues to be a family business.

Ford says it is starting to send out in-car gaming with over-the-internet software updates to some of its newer models as the auto giant moves to offer technology to match electric car maker Tesla.

The reveal will be broadcast live across more than 30 physical and digital destinations, including Facebook, YouTube, Twitter and sites in New York City's Times Square and Las Vegas Boulevard.

Ford is recalling nearly 617K Explorer SUVs to fix an issue with their roof rail covers. The part can come loose while driving. Ford will add additional retaining pins to address the issue.

Ford's April sales were up 64.8% compared to 2020. It also sold more cars than it did in 2019.

Ford will open the Ford Ion Park battery research center in Michigan next year. The facility will help support its $22 billion investment in electrified vehicles.

The earnings parade rolls on this week as dozens of names including Tesla, Microsoft, Alphabet, Apple, Amazon and Facebook are set to report.

Ford took swipes at GM and Tesla in its announcement and it is getting ugly.

Production has been stalled at General Motors' Kansas City, Kansas, factory for over two months and workers have been temporarily laid off since early February.

In Michigan, Democratic Governor Gretchen Whitmer has vowed to veto bills that Republicans have proposed, including new restrictions on absentee and mail ballots

The Ford Mustang has claimed the title of best-selling sports car for the second straight year based on data from IHS Markit. The two-door has also been the best-selling sports coupe for six years.

The shutdowns likely will crimp dealer inventory of vehicles made at the plants

Ford is cutting production at seven assembly plants due to the shortage

Ford is taking downtime at the Dearborn Assembly plant that builds the F-150 this weekend due to the ongoing semiconductor chip shortage.