Ford Motor

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

China clears licence for rare earth suppliers for US automakers: Report

It's unclear what materials are covered by the licenses and at least some are valid for six months, says report

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

Trump's tariffs have added 'a lot of cost, a lot of chaos': Ford CEO Farley

Businesses have warned of fallout from tariffs, with many manufacturing-heavy companies finding it difficult to plan next steps or determine if Trump will follow through on signaled policy moves

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

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

Back in the driver's seat: Ford India's timeline and Chennai plant revival

The American automobile giant plans a third entry into India, reviving its Chennai facility in Maraimalai Nagar, with an annual capacity of 200,000 vehicles and 340,000 engines for export

New-look Chennai town to welcome Ford on its India comeback trail

The Chennai unit of Ford, spread across an area of 350 acres, had an annual production capacity of around 200,000 vehicles and 340,000 engines

Preparing to utilise Chennai manufacturing plant for exports: Ford

American automaker Ford on Friday said it is preparing to utilise its Chennai manufacturing plant to roll out vehicles for exports and has intimated the same to the Tamil Nadu government. The company which in 2021 had said that it would stop manufacturing vehicles in India, has submitted a Letter of Intent (LOI) to the Tamil Nadu government, confirming its intention to utilise the Chennai plant for manufacturing for exports. The announcement follows a meeting between Ford leadership and Tamil Nadu Chief Minister MK Stalin as part of his visit to the United States, Ford said in a statement. "This step aims to underscore our ongoing commitment to India as we intend to leverage the manufacturing expertise available in Tamil Nadu to serve new global markets," Ford International Markets Group President Kay Hart said. Ford said the strategic move will see the facility repurposed to focus on manufacturing for export to global markets, as part of the company's ambitious 'Ford+ growth ...

Tamil Nadu, Ford Motor in talks to restart production eyeing global market

Tamil Nadu Chief Minister M K Stalin visited Ford headquarters in Michigan on Tuesday and held detailed discussions with its top management, urging them to restart production

Restart car manufacturing in Chennai, Tamil Nadu CM urges Ford Motor

Chief Minister M K Stalin, who is on a US tour, called on officials of Ford Motor in Chicago and deliberated on the possibility of renewing the company's ties with Tamil Nadu, the state government said on Wednesday. Stalin visited Ford officials including President, International Markets Group, Kay Hart on September 10, 2024, and urged them to revive car manufacturing and expand their global (technology/business) centre in Chennai, an official release said. Ford stopped production at its plant here a few years ago. The CM said in a post on 'X': "Had a very engaging discussion with the team from @Ford Motors! Explored the feasibility of renewing Ford's three decade partnership with Tamil Nadu, to again make in Tamil Nadu for the world!" Also, the government said the chief minister met top officials, including national president, Jagadeesh Mosali of IT Serve Alliance, the voice of IT companies functioning across the United States and urged them to make investments in Tamil Nadu. On

Tamil Nadu CM MK Stalin holds talks with Ford Motor to renew partnership

Tamil Nadu CM MK Stalin discussed reviving Ford's partnership with the state to produce vehicles for exports. Ford Motor exited India in 2021 after failing to turn profitable amid stiff competition

Chennai design engine powers automotive giant Ford's global successes

Ford Business Solutions in the city behind popular models, such as F-Series, Explorer, Transit, and Ranger

Ford Motor to recall about 85,000 vehicles due to risk of engine fire

In the event of an engine failure, engine oil and fuel may be released into the engine compartment and accumulate near ignition sources such as hot engine

Ford slips as higher costs, EV segment take a toll on profit growth

Analysts at Piper Sandler cited these 'unwelcome warranty headwinds' as the reason for the stock slump

Darren Walker, prez of Ford Foundation, to step down by end of 2025

If there are rock stars in philanthropy, Darren Walker, the president of the Ford Foundation, is one of them. And he's about to exit the stage. Walker, 64, has been named one of Rolling Stone's 25 People Shaping the Future and Time's 100 Most Influential People as he led one of the original American philanthropies since 2013. The foundation said Monday that he will step down from his role by the end of 2025. A search committee has been convened to find Walker's replacement, said Ford Foundation board chair Francisco Cigarroa. Walker "has guided Ford through some of the most challenging moments of our time with grace, kindness, and empathy, and his tenure will be remembered as one of the most consequential periods in the institution's nearly 90-year history, Cigarroa said in a statement. A former corporate attorney and chief operating officer of the Harlem-based Abyssinian Development Corporation, Walker oversaw major investments in advocating for gender equity and disability rights

Ford Motor backs new US rules to cut vehicle emissions through 2032

Earlier, a trade group representing General Motors, Toyota Motor, Volkswagen, Ford and nearly all other major automakers on Monday said it supported two key aspects of the rule

Musk fires Tesla EV charging team, blindsiding automobile manufacturers

General Motors, Ford and other automakers which struck deals last year to give customers access to the network said they are not changing their plans

US regulator opens probe into Ford's hands-free driving tech BlueCruise

The investigation will evaluate the system's performance on the dynamic driving task and driver monitoring, the NHTSA said

Donald Petersen, CEO who pulled Ford out of 1980s crisis, dies at 97

Under Petersen, Ford's ad slogan became 'Quality is Job One'