Page 5 - Ford

Ford splits electric vehicle, internal combustion into separate units

Ford is splitting its electric vehicle and internal combustion divisions into separate businesses. The automaker said Wednesday that its plan includes two distinct, but strategically interdependent, auto businesses Ford Blue focusing on traditional combustion engines and Ford Model e, which will develop electric vehicles. Ford is already developing electric vehicles like the Ford GT, Mustang Mach-E SUV and F-150 Lightning pickup and it operates an EV division in China. Ford also has Ford Pro, which serves as a one-stop shop for commercial and government customers with a range of conventional and electric vehicles and a full suite of software, charging, financing, services and support on Ford and non-Ford products.

Ford recalls nearly 250,000 heavy-duty pickups over drive shaft issue

The recall covers certain F-250 and F-350 Super Duty pickups from the 2017 through 2022 model years. The trucks have gasoline engines and aluminum drive shafts

Ford CEO says no plan to spin off EV business, but change coming

Shares of Ford, which is based in Dearborn, Michigan, fell 2% to $16.95 Wednesday. They have lost about one-third of their value since hitting a 2022 high on Jan. 14.

Ford partners with GlobalFoundries to increase chip supplies

The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup

Ford, Purdue partner on technology to speed up EV charging

Ford and Purdue University are partnering to develop a new charging station

Tata Motors likely frontrunner to take over Ford's Chennai unit

Group Chairman Chandrasekaran, Tata Motors top-level delegation meet Stalin in a span of 2 weeks

Ford to invest in electric vehicle production, create 11,000 jobs

The auto company is in the race to catch up with the electric car company Tesla

Ford family member named head of global brand merchandising

A member of a new generation of Ford family members is taking on another leadership role at the automaker.

Ford wakes up badly burnt from its India dream: Here's what went wrong

Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.

FADA seeks clarity from Ford on compensation structure for dealers

Automobile dealers' body FADA has sought clarity from Ford about the compensation structure it is working out for its dealer partners after announcing the closure of its two manufacturing plants

No easy rides: Why is India becoming a graveyard for world's auto majors?

India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, writes T N Ninan

Ford Motor ceasing production in India leaves its workers high and dry

Company in talks with automakers to sell Chennai plant, says govt official

Three stories make a trend

'Make in India as it stands has been a failure', says the author

Ford's manufacturing decision won't reflect on Indian businesses: Report

A senior government source on Friday said the decision in no way reflects on the business environment in the country and is rather linked to operational issues.

Top headlines: PM chairs meet on Covid situation; PNB to raise Rs 6k cr

Business Standard brings you the top headlines on Friday

Ford in talks with another auto firm for Chennai unit handover: TN govt

Last year, Ford was in talks with Ola and M&M for contract manufacturing or for sale of both plants. It isn't clear whether the current talks are with the same companies or not

Ford to stop making vehicles in India amid mounting losses and poor sales

Ford had been rethinking its India operations even before it had initiated discussion with Mahindra & Mahindra in 2019

Top headlines: Ford India to cease production; ECB eases pandemic support

Business Standard brings you the top headlines on Thursday

Ford asks US patent office to rescind GM's Cruise, Super Cruise trademarks

The legal fight between the two Detroit automakers turns on whether "cruise" is a generic term for technology that allows the car to take over some share of driving tasks from a human motorist

Workers at Ford's Chennai plant stage protest to seek halt amid Covid surge

The incident is the latest expression of discontent and reluctance among factory employees in Tamil Nadu, home to India's flourishing automobile industry, to work amid a surge in virus infections