Michael Martinez

The move comes two days after Ford made a similar announcement for workers in Missouri and Florida. Kentucky is home to two Ford assembly plants.

Ford said it had expected a net loss for the quarter but performed better because of strong demand, lower incentives and a favorable mix of more profitable vehicles.

The electric automaker plans to pull out of high-rent shopping malls in favor of cheaper locations, Electrek reported. It will also reportedly focus on remote work.

The move comes as the as the delta variant of the virus that causes COVID-19 continues to spread.

The facility will open by the end of next year and help Ford develop its own battery cells for future electric vehicles.

The company's net income was roughly equal to its total profit in the previous 12 months.

A Missouri dealership upped its sales of used vehicles by incentivizing service techs to get each one through the reconditioning process within 48 hours.

With retailers desperate for inventory, the automaker is plotting a new strategy to handle the thousands of partially built vehicles that are awaiting microchips.

The addition of the Bronco Sport has "breathed a little bit of life" into Ford's compact-crossover segment, which has been losing ground in recent years.

Only dealers who would choose to receive the unfinished vehicles would get shipments and service technicians would be trained on how to install the chips.

The automaker is encouraging customers who want a diesel engine to switch to its new hybrid powertrain.

He stepped down in May from a 33-year stint on Ford's board of directors, but remains as engaged as ever with the company that has defined so much of his life.

Steven Croley, 55, will report to CEO Jim Farley and work closely with Jon Huntsman, a Ford board member who in April was named to the new senior advisory position of vice chairman, policy.

The brand has created an elaborate school to teach retailers and customers about its new vehilce through unique driving experiences.

Ray Curry, who replaced the retiring Rory Gamble last week, will have to shepherd the union through a period of unprecedented changes, if he can win reelection next year.