Ford Q3 profit drops 56% as North America slipsThu, 27, Oct 2016
CEO Mark Fields defended Ford's outlook of a “much weaker than normal” second half of the year as the company reported a 56 percent decline in third-quarter net income to $957 million today. “I would call our approach realism -- not optimism, not pessimism” Fields said in a call with financial analysts today. “It's realism.”
Ford, Unifor make little progress in Canada contract talks, Dias saysThu, 27, Oct 2016
Ford and Canadian union Unifor have yet to resolve any of the major issues pertaining to economics and investments ahead of Monday's strike deadline, union president Jerry Dias said.
Ford names Laura Merling to new VP post overseeing autonomous vehiclesThu, 27, Oct 2016
Ford has taken another step toward its goal of having fully autonomous vehicles on the road by 2021. The automaker today named Laura Merling, who runs a consultancy firm for the integration of connected technology, as its vice president of autonomous vehicle solutions.
Ford idling car plant in Mich. extra two weeks on light demandThu, 27, Oct 2016
Ford said today it will idle its Wayne, Mich., car factory an extra two weeks by the end of the year to adjust supply with demand. The plant makes the light-selling Focus compact and C-Max hybrid cars.
Bill Ford says future of cars is in Detroit, not Silicon ValleyTue, 25, Oct 2016
Bill Ford is tired of hearing the future of cars belongs to Silicon Valley. Yet for years, the Apple and Google crowd have been telling him that only Big Tech can make driverless vehicles.
Ford's Fields: Automaker 'getting ahead' of industry changesMon, 24, Oct 2016
Amid skepticism on Wall Street, CEO Mark Fields aims to prove that Ford is in much better shape to withstand a downturn in the market.
Baby boomers swap Corvettes for comfort as U.S. sports-car sales fallFri, 21, Oct 2016
Baby boomers are starting to outgrow their midlife crisis years, and that's bad news for automakers who want to sell sports cars. It was a sign of things to come this month when Ford idled its Mustang plant for a week as sales for the year fell 9 percent.
Ford, Nissan lead effort to further develop industry in AfricaMon, 24, Oct 2016
A group of carmakers led by executives from Ford Motor Co. and Nissan Motor Co. will seek to work with Kenyan authorities to develop an auto-manufacturing industry in the east African country, building on talks with Nigerian lawmakers about their own market.
Ford signals limited support for carsMon, 24, Oct 2016
CEO Mark Fields says Ford isn't giving up on cars -- even as the automaker abandons most U.S. production of them -- but it also won't keep piling on discounts to boost sales "unnaturally."
Deals in Canada slow the jobs bleedingSat, 22, Oct 2016
The roughly $900 million Canadian in investment commitments that Unifor has secured from the Detroit 3 thus far might not be enough to fully reverse the long-term trend of auto manufacturing jobs leaving Canada, labor experts say.
DealersMon, 24, Oct 2016
A look at the anniversaries dealerships around the country are celebrating, including dealers for Volvo, Toyota, Mazda, GMC and Dodge.
Jaguar Land Rover, Ford test connected cars in UKFri, 21, Oct 2016
Jaguar Land Rover and Ford are testing connected cars that can communicate with each other using technology designed to speed up journeys and cut accidents, the first such trials in the country.