Ford

Ford to take $19.5 bn in charges as it overhauls electric vehicle business

In taking the charges, Ford is acknowledging it built far too much battery production capacity and was going down a dead-end with large EVs that were destined to lose more money

Ford to use Renault tech, plants for affordable European EVs to beat China

Given the withdrawal of EV support from US President Donald Trump's administration, the No. 2 US automaker faces the dual expense of investing in combustion-engine models

Ford to invest ₹3,250 cr in Chennai plant for 'next-gen' engine production

Ford signed an MoU with Tamil Nadu to manufacture next-generation engines at its Chennai plant with a ₹3,250 crore investment, creating over 600 jobs and boosting state's auto sector

Ford to invest ₹3,250 crore in India, defying Trump's US manufacturing push

The Maraimalai Nagar manufacturing site in the southern Indian state of Tamil Nadu will be retooled to make high-end engines for export markets with an annual capacity of over 200,000 units

For Japan's new PM, building rapport with Trump may depend on a Ford F-150

President Donald Trump arrives Monday in Japan where new Prime Minister Sanae Takaichi is banking on building a friendly personal relationship with the US leader to ease trade tensions. One key to this strategy might lie in an idea floated by Japan's government to buy a fleet of Ford F-150 trucks, a meaningful gesture that may also be impractical given the narrow streets in Tokyo and other Japanese cities. It's an early diplomatic test for Takaichi, the first woman to lead Japan. She took office only last week, and has a tenuous coalition backing her. Trump instantly bought into the idea of Ford trucks as he flew to Asia aboard Air Force One. She has good taste, Trump told reporters. That's a hot truck. The two spoke over the phone while Trump was mid-flight on Saturday. Takaichi stressed her status as a protege of the late Prime Minister Shinzo Abe, a favorite of Trump's from his first term, and said she praised him for brokering the Gaza ceasefire that led to the return of hosta

Ford recalls over 850K cars in US due to potential fuel pump failure

Ford is recalling more than 850,000 of its cars across the US because the low-pressure fuel pump inside the vehicles may fail and potentially cause an engine stall while driving, increasing crash risks. The recall covers a wide range of Ford and Lincoln-branded vehicles made in recent model years. That includes certain Ford Broncos, Explorers and F-150s, as well as Lincoln Aviators and Navigators, documents published this week by the National Highway Traffic Safety Administration note. Ford plans to send out notification letters to affected owners starting this Monday (July 14), to warn of safety risks related to potential fuel pump failure. But a remedy is still under development, the NHTSA's recall report notes. It wasn't immediately clear if there was an estimate for when a fix would become available. But this week's recall report noted that owners will receive an additional letter with instructions to take their car to an authorised dealer for that service when the time comes

Ford forced to idle multiple US plants on China rare earth magnet shortage

Rare earths have become a flashpoint in US-China trade talks, with China using its dominance in these key materials-vital to cars, iPhones and more-as leverage in negotiations

Why US brands are ditching American roots to reach international markets

Amid rising tariffs and global anti-American sentiment, major US companies are shedding national imagery and localising ads to stay competitive abroad

Automaker Ford pulls outlook, sees $1.5 billion hit from Trump's tariffs

The automaker expects the duties to reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year

Ford CEO welcomes tariff relief, urges broader trade reforms for growth

Ford Motor Company's top executive on Wednesday welcomed revisions to auto import rules but said more work is needed to craft trade policies that spur growth in the US auto industry. Ford CEO Jim Farley touted his company's domestic production, saying it outpaces competitors, as he attended the rollout of the company's 2025 Expedition SUV at its massive truck plant in Kentucky. Farley focused on trade policies during his remarks to plant workers, a day after President Donald Trump signed executive orders to relax some of his 25 per cent tariffs on automobiles and auto parts. The changes this week on tariff plans will help ease the impact of tariffs for automakers, suppliers and consumers, Farley said. But this is what we really care about. We need to continue to work closely with the administration on a comprehensive set of policies to support our shared vision of that healthy and growing auto industry. And we are not there yet. Farley pointed to Ford's Kentucky Truck Plant, which

Ford to offer broad discounts, capitalising on tariff-driven sales boost

Ford will offer its employee pricing - a discounted rate available to Ford workers - to all customers

Ford to restart Chennai plant for engine export, no plans of car production

This decision aligns with Ford's global strategy. The company already exports components from Sanand, Gujarat, where it sold most of its factory to Tata Motors in 2022

US finalises $9.63 billion loan for Ford, SK On joint battery venture

BlueOval SK said it has invested more than $11 billion to date in the construction of the three 4-million-square-foot facilities and plans to begin production at the first Kentucky plant in 2025

China's BYD on track to top 2024 sales goal and outsell Ford, Honda

Aided by robust sales in China, BYD is on course to top its annual sales target of 4 million vehicles, which would put it ahead of Japan's Honda and Detroit-based Ford for 2024

Ford plans to cut 4,000 jobs in Europe, cites disruptive shift to EVs

Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker than expected sales of electric cars. Ford said most of the job cuts would come in Germany and would be carried out in consultation with employee representatives. The company said that it would also reduce working time for workers at its Cologne, Germany plant where it makes the Capri and Explorer electric vehicles. Dave Johnston, Ford's European vice president for transformation and partnerships, said in a statement that it is critical to take difficult but decisive action to ensure Ford's future competitiveness in Europe. The company said that the global auto industry continues to be in a period of significant disruption as it shifts to electrified mobility. The transformation is particularly intense in Europe where automakers face significant competitive and economic headwinds while also tacklin

Ford agrees to pay up to $165 mn fine to US govt for slow recall response

Ford Motor Co will pay a penalty of up to $165 million to the US government for moving too slowly on a recall and failing to give accurate recall information. The National Highway Traffic Safety Administration says in a statement Thursday that the civil penalty is the second-largest in its 54-year history. Only the fine Takata paid for faulty air bag inflators was higher. The agency says Ford was too slow to recall vehicles with faulty rear-view cameras, and it failed to give the agency complete information, which is required by the Federal Motor Vehicle Safety Act. Ford agreed to a consent order with the agency that includes a payment of $65 million, and $45 million in spending to comply with the law. Another $55 million will be deferred. Timely and accurate recalls are critical to keeping everyone safe on our roads, NHTSA Deputy Administrator Sophie Shulman said in the statement. When manufacturers fail to prioritize the safety of the American public and meet their obligations un

China's BYD closing in on Ford deliveries after besting Tesla on revenue

The extraordinary sales volumes being pumped out by China's best-selling car brand means BYD has a shot at beating Ford

US regulator ends investigation into Ford engine failures after recall

The US government's auto safety regulator has ended a 2 1/2-year investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles. The National Highway Traffic Safety Administration says in documents posted Monday on its website that its analysis traced the problem to intake valves that can fracture inside some 2.7-liter and 3-liter turbocharged engines. Documents say the probe opened in May of 2022 ended up covering more than 411,000 vehicles from the 2021 and 2022 model years including the Ford F-150 Bronco, Edge and Explorer as well as the Lincoln Aviator and Nautilus. The agency was looking into catastrophic engine failures caused by intake valves fracturing, dropping into the cylinder and hitting the piston. The documents say a forensic analysis of fractured valves found that when the they were made by a parts supplier, the temperature got too high, making them brittle and likely to fracture during normal engine use. An anal

Despite exit, Ford gives a tough ride to peers in the used car market

Now, three years since Ford's exit, the used car market is seeing higher demand for Ford vehicles

Ford plans to make EVs at TN plant, seeking re-entry into Indian market

Ford is the latest to join domestic and foreign carmakers, from Tata Motors to Vietnamese automaker VinFast Auto