Page 6 - Ford

Ford details new production cuts due to global chip shortage: Details here

Ford said in March it expected the semiconductor shortage to cost between $1 billion and $2.5 billion

Ford and Mahindra to end collaboration on all projects in India

Michigan-based Ford entered India 25 years ago, but it has only a 2% share of a market dominated by Suzuki Motor Corp and Hyundai Motor's extensive line-up of mainly low-cost cars

Ford to update financial impact of global chip shortage next month

Ford said, while announcing the latest North American production cuts at seven plants due to the global chip shortage, that it would provide an update on April 28 to the expected hit to 2021 profit

Saudi local office must for foreign firms to get state contracts from 2024

The government has told foreign companies that, from 2024, they can only secure state contracts if they have local offices

Tesla's Chinese rival Nio suspends production on chip shortage

Top automakers such as Ford, Honda, GM and Volkswagen were caught off guard by the shortage even as auto demand picked up during the Covid-19 pandemic

Ford partners with University of Michigan on robotics research, building

In November, Ford revealed plans to transform a long-vacant Detroit book warehouse into a hub for automobile innovation

Tesla, Ford only carmakers in US not to have gone bankrupt, says Elon Musk

As several carmakers bleed in the US and beyond, Tesla is profitable and according to Elon Musk, his electric car company and Ford are the only two carmakers in the US which have not gone bankrupt

Ford puts projects with M&M on hold as it reassesses India strategy: Report

NEW DELHI/DETROIT (Reuters) - Ford Motor has frozen all projects it was working on with Mahindra & Mahindra while it finalises a new India strategy, three people familiar with the U.S. carmaker's plans told Reuters, weeks after the two companies called off their planned joint venture.

Ford Motor Co, Google join hands to offer cloud-based data services

Ford will offer its customers built-in Google apps, including its map and voice technology. It will deploy Google artificial intelligence technology to improve the efficiency of vehicle development

Ford, Alphabet's Google join hands to offer cloud-based data services

As part of a six-year partnership, the Dearborn, Michigan-based automaker will incorporate the tech giant's Android operating system into its Ford and Lincoln vehicles starting in 2023

Ford to recall 3 million vehicles for air bags at $610 million cost

The recall includes 2.7 million US vehicles

Ford joins top automakers to halt production due to semiconductor shortage

Ford has joined Nissan, Volkswagen, Fiat Chrysler and Toyota who have curtailed production amid a global semiconductor shortage, delaying the production of some vehicles

Ford's pick-up trucks spotted at Jayem Automotives' Coimbatore facility

If the product is launched in the Indian market it will be positioned against other pick-up trucks in India including the Tata Yodha, Mahindra Bolero and Isuzu D-max

Hero MotoCorp and the art of motorcycle makeover

Hero is gearing up to provide service and parts support to customers even where there are no Harley dealerships through its own network

Southern Railway Chennai division's revenue from auto loading up 17% in Oct

Loads 10,004 cars on 43 rakes consisting of 1,151 wagons; earns revenue of Rs 11.8 crore in October

Ford's third-quarter China car sales rise 25% y-o-y to 164,352 units

Ford Motor Co said that its China vehicle sales rose 25% between July and September this year from a year earlier to 164,352 units

Royalty, technical fee cost Indian units of global auto majors Rs 8,000 cr

The amount is equal to nearly 4% of their combined net sales

Ford names Jim Farley new CEO, to take over from Jim Hackett on Oct 1

Farley, 58, became chief operating officer in March when his main internal rival was ousted following the botched launch of the Ford Explorer sport-utility vehicle

Ford CEO Hackett to retire, Jim Farley to lead automaker from October 1

Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting October 1 when current CEO Jim Hackett retires.

GM, Ford, Fiat Chrysler target to reopen factories from May 18: Report

Ford said in a statement it is yet to determine when it will resume production at its North American plants, while Fiat Chrysler said it will communicate new restart dates in due course