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Page 3 - Ford

US probes complaints that Ford Escape doors open while SUVs being driven

US auto safety regulators are investigating complaints that the doors on some Ford Escapes can open while the SUVs are being driven. The investigation by the National Highway Traffic Safety Administration covers 346,000 Escapes from the 2020 and 2021 model years. The agency says in documents posted Tuesday on its website that it has 118 complaints that spot welds in a door assembly bracket can fail. Investigators contacted some of the owners and found 25 reports of minor injuries. Many reported a popping noise when they opened the door as a bracket begins to separate. The agency says continued use could dislodge the door, and it could fail to latch when closed. Ford says it's working with the agency to support the investigation. NHTSA says the probe will determine whether the problem creates an unreasonable risk to highway safety. The agency could seek a recall.

US probes complaints that Ford Escape doors open while SUVs being driven
Updated On : 11 Jul 2023 | 9:33 PM IST

Ford cutting several hundred jobs to reduce cost amid transition to EVs

Ford Motor Co. is going through another round of white-collar job cuts as the company continues to reduce costs amid a transition to electric vehicles. The company confirmed on Tuesday that it was starting to notify several hundred engineers and other salaried employees that their jobs are being eliminated. The firings come after around 200 Ford contract employees were let go last week. Spokesman T.R. Reid wouldn't give a specific number of Ford jobs that are being cut this week, but said they are not nearly the scale of those made last summer when the company let go of 3,000 white-collar workers and another 1,000 contractors largely in the US. Most of the cuts were in engineering, but all business units will see job cuts, Reid said. Teams that were affected were pulled together yesterday to let them know that there would be actions taken this week. Then individual people will be notified today and tomorrow, Reid said. CEO Jim Farley has said much of Ford's workforce doesn't have

Ford cutting several hundred jobs to reduce cost amid transition to EVs
Updated On : 27 Jun 2023 | 9:32 PM IST

Ford Motor issues recall notice for 125,000 vehicles that could catch fire

The recall applies to Escapes from 2020 to 2023, Mavericks from 2022 to 2023, and Corsairs from 2021 to 2023, the report mentioned

Ford Motor issues recall notice for 125,000 vehicles that could catch fire
Updated On : 07 Jun 2023 | 6:52 PM IST

Ford EV owners to get access to Tesla Supercharger network next spring

All of Ford Motor Co's current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the US and Canada starting next spring. Ford CEO Jim Farley and Tesla CEO Elon Musk announced the agreement Thursday during a Twitter Spaces audio chat. We think this is a huge move for our industry and for all electric customers, Farley said. Musk said he didn't want Tesla's network to be a walled garden and that he wants to use it to support sustainable transportation. It is our intent to do everything possible to support Ford and have Ford be on an equal footing at Tesla Superchargers, Musk said. Farley said there will be a cost to Ford owners, perhaps a monthly subscription, but he didn't give specifics. Details of any financial arrangement between Ford and Tesla were not announced. At first, Ford's current electric vehicles will need an adapter to hook into the Tesla stations, which have their own connector. But Ford will switch to Tesla's North America

Ford EV owners to get access to Tesla Supercharger network next spring
Updated On : 26 May 2023 | 8:13 AM IST

Will stop competing in over-served markets, instead play big bets: Ford

Ford Motor Co. CEO Jim Farley says the company will stop competing in over-served market segments and instead will place big bets on connected vehicles and digital services. The days of Ford being all things to all people are over, Farley said in a statement ahead of the company's capital markets day event on Monday. He says Ford will be competing differently, going for tailored ownership experiences rather than jockeying for slivers of market share with complex vehicles in over-served market segments. The company is expected to detail how it will accomplish this at the daylong event near its headquarters in Dearborn, Michigan. Executives are to explain how Ford will get to a 10 per cent pretax profit margin in 2026. It reiterated 2023 full-year guidance of USD 9 billion to USD 11 billion in adjusted pretax profits. Ford has split itself into three business units, Ford Blue for gasoline-powered and hybrid vehicles, Ford Model e for electric vehicles and digital products, and Ford

Will stop competing in over-served markets, instead play big bets: Ford
Updated On : 22 May 2023 | 5:28 PM IST

Ford's F-150 leaves tough choices for buyers seeking EV tax credits

Dozens of other electric cars and trucks didn't make the cut, either because they aren't manufactured in the US or don't use American parts and pieces

Ford's F-150 leaves tough choices for buyers seeking EV tax credits
Updated On : 21 Apr 2023 | 6:00 PM IST

Chennai unit severance package for over 2,592 staff cost Ford Rs 1,296 cr

Average pay worked out to Rs 44.8 lakh per employee; The company is yet to find buyers for the unit

Chennai unit severance package for over 2,592 staff cost Ford Rs 1,296 cr
Updated On : 29 Mar 2023 | 4:20 PM IST

Ford's electric vehicle unit loses $3 bn, should be seen as startup

Ford Motor Co.'s electric vehicle business has lost USD 3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. The figures were released on Thursday as Ford rolled out a new way of reporting financial results. The new business structure separates electric vehicles, the profitable internal combustion and commercial vehicle operations into three operating units. Company officials said the electric vehicle unit, called Ford Model e, will be profitable before taxes by late 2026 with an 8 per cent pretax profit margin. But they wouldn't say exactly when it's expected to start making money. Chief Financial Officer John Lawler said Model e should be viewed as a startup company within Ford. As everyone knows, EV startups lose money while they invest in capability, develop knowledge, build (sales) volume and gain (market) share, he said. Model e, he said, is working on second- and even third-generatio

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Updated On : 23 Mar 2023 | 6:19 PM IST

Ford recalls 1.5 mn vehicles in US to fix leaky brake hoses, wiper arms

Ford is recalling more than 1.5 million vehicles in the US in two actions to fix leaky brake hoses and windshield wiper arms that can break. The largest of two recalls covers nearly 1.3 million 2013 through 2018 Ford Fusion and Lincoln MKX midsize cars. The company says in documents posted on Friday by safety regulators that the front brake hoses can rupture and leak brake fluid. That would increase brake pedal travel and make stopping distances longer. Dealers will replace the hoses. Ford will mail owner notification letters starting April 17. They'll get a second letter once parts are available for the fix. Ford says it's aware of one crash with no mention of injuries due to the problem. The second recall covers more than 222,000 F-150 pickups from 2021. The windshield wiper arms can break. Dealers will replace the arms if needed. Owners will be notified starting March 27.

Ford recalls 1.5 mn vehicles in US to fix leaky brake hoses, wiper arms
Updated On : 17 Mar 2023 | 7:49 PM IST

Ford Motor Co to cut 1,100 jobs in Spain after other European layoffs

Ford Motor Co. announced Friday that it will cut around 1,100 jobs at its plant in the eastern Spanish city of Valencia. The cuts are in addition to the 2,300 layoffs largely in Germany and the U.K. that the automaker announced last month as part of a leaner, more competitive cost structure in Europe. Ford Spain said in a statement that it notified unions on Friday of what it said was a profound restructuring of its operations, which comes even as Ford champions the Valencia plant as its preferred site to assemble next-generation electric vehicles on the continent. The plant is Ford's only such facility in Spain and employed 5,400 people. Ford has said its strategy to offer an all-electric fleet in Europe by 2035 has not changed and that production of its first European-built electric car is due to start later this year. The cuts were mainly due to the already announced discontinuing production of the S-Max and Galaxy models in April 2023, Ford Spain said in an email. In January,

Ford Motor Co to cut 1,100 jobs in Spain after other European layoffs
Updated On : 10 Mar 2023 | 11:13 PM IST

Ford halts production, shipments of electric truck due to battery issue

US automaker Ford has stopped the production and shipments of its electric F-150 Lightning pickup owing to a battery issue.

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Updated On : 15 Feb 2023 | 11:10 AM IST

Ford to cut 3,800 jobs over next 3 years in Europe, mostly in Germany, UK

Ford said Tuesday that it will cut 3,800 jobs in Europe over the next three years in an effort to streamline its operations as it contends with economic headwinds and increasing competition on electric cars. The automaker said that 2,300 jobs will go in Germany, 1,300 in the UK and 200 elsewhere on the continent. It said that its strategy to offer an all-electric fleet in Europe by 2035 is unchanged and that production of its first European-built electric car is due to start later this year. The company said it is looking for a leaner, more competitive cost structure for Ford in Europe. It said that it will embark on consultations with the intent to achieve the reductions through voluntary separation programmes. Ford aims to cut 2,800 of the jobs in engineering by 2025, a result of the transition to electric cars that are less complex, though it plans to keep around 3,400 engineering jobs in Europe. The remaining 1,000 jobs will be cut on the administrative side. These are difficu

Ford to cut 3,800 jobs over next 3 years in Europe, mostly in Germany, UK
Updated On : 14 Feb 2023 | 10:54 PM IST

Ford to cut 3,800 engineering, administration jobs in Europe in next 3 yrs

Around 2,300 jobs will go at the carmaker's Cologne and Aachen sites in Germany, 1,300 in the UK and 200 in the rest of Europe, the company said

Ford to cut 3,800 engineering, administration jobs in Europe in next 3 yrs
Updated On : 14 Feb 2023 | 2:32 PM IST

Ford returns to F1 after 2 decades as racing series see surge in popularity

The automaker will reenter F1 in 2026, when new regulations will require teams to increase electrical power by as much as 50% and use fully sustainable ethanol as fuel

Ford returns to F1 after 2 decades as racing series see surge in popularity
Updated On : 03 Feb 2023 | 9:21 PM IST

Ford plans to cut 3,200 jobs in Europe; union says, 'vowing a fight'

Ford of Europe produces, sells and services Ford brand vehicles in 50 markets, employing around 45,000 people at its own facilities and consolidated joint ventures, according to its website

Ford plans to cut 3,200 jobs in Europe; union says, 'vowing a fight'
Updated On : 23 Jan 2023 | 11:36 PM IST

Roadblocks on exit route: GM, Ford struggle with lingering staff problems

The two Detroit majors are struggling with lingering employee problems as they seek to drive out of the Indian market

Roadblocks on exit route: GM, Ford struggle with lingering staff problems
Updated On : 13 Jan 2023 | 9:54 PM IST

Ford recalls more than 55,000 F-150 vehicles due to wiper motor issue

Ford is recalling more than 550,00 F-150 vehicles in the US and Canada because the front windshield wiper motor may stop functioning, causing the wipers to stop working. The automobile maker said that the inoperative windshield wipers on the 2021-2022 models can reduce visibility in certain conditions, which could increase the risk of a crash. Ford Motor Co. is recalling 453,650 of the vehicles in the US and 103,076 in Canada. Recall notification letters are expected to be mailed in the US on January 3. Dealers will replace the front windshield wiper motor for free.

Ford recalls more than 55,000 F-150 vehicles due to wiper motor issue
Updated On : 18 Nov 2022 | 9:42 PM IST

Tata Steel's Dutch arm signs MOU to supply Ford with green steel after 2030

Tata Steel's Dutch arm plans to supply Ford plants in Europe with "green" steel after 2030, under a preliminary agreement reached by the two companies on Tuesday

Tata Steel's Dutch arm signs MOU to supply Ford with green steel after 2030
Updated On : 25 Oct 2022 | 5:39 PM IST

Ford announces shuffling of management, seeks new global supply chain head

Ford is restructuring its vehicle development and supply chain operations, shuffling multiple executives just days after announcing that it would build up to 45,000 vehicles with parts missing due to shortages. The Dearborn, Michigan, automaker gave some executives new roles and said that its chief financial officer will begin reworking supply chain operations until a new global purchasing chief is hired. The changes arrive at a time of profound change for Ford and the auto industry, which for more than a century have made a living by selling petroleum-powered vehicles. The company has plans for half of its global production to be electric vehicles by 2030, but like its main competitors, Ford will need to keep selling gas-burning vehicles to fund the massive transition. Earlier this year CEO Jim Farley split the company into two units, Ford Model e to develop electric vehicles, and Ford Blue to handle internal combustion cars, trucks and SUVs. Early Thursday, Ford announced that CF

Ford announces shuffling of management, seeks new global supply chain head
Updated On : 22 Sep 2022 | 9:22 PM IST

Ford India, Unions reach final severance deal for Chennai unit employees

Company will revise final severance pay to 140 days of gross wages per completed year of service, compared with 130 days earlier. A one-time lump sum of Rs 1,50,000 will be paid as well

Ford India, Unions reach final severance deal for Chennai unit employees
Updated On : 21 Sep 2022 | 8:21 PM IST