Ford again affirmed its expectation for full-year 2022 adjusted earnings before interest and taxes of between $11.5 billion to $12.5 billion, despite limits on availability of certain parts as well as higher payments made to suppliers to account for the effects of inflation.
Building on strong demand for its new EVs, Ford today announced a series of initiatives for sourcing battery capacity and raw materials that light a clear path to reach its targeted annual run rate of 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026.
Ford in Europe today announced another important stride toward an all-electric future, confirming that it has chosen its plant in Valencia, Spain, as the preferred site to assemble vehicles based on a next-generation electric vehicle architecture.
Ford Motor Company is advising customers of certain 2021 Ford Expedition and Lincoln Navigator SUVs to park their vehicles outside and away from structures while Ford investigates the cause of under hood fires.
Ford is continuing to transform its global automotive business, accelerating the development and scaling of breakthrough electric, connected vehicles, while leveraging its iconic nameplates to strengthen operating performance and take full advantage of engineering and industrial capabilities.
Ford Pro™ Intelligence is making it easier than ever for commercial customers to benefit from telematics to help boost their businesses’ productivity – whether they’re deploying gas-powered or electric vehicles – with powerful complimentary data services.
Ford Pro, a separate global vehicle services and distribution business within Ford, today announced a group of senior executives to lead the company’s efforts to develop and deliver work-ready products and services for commercial and government customers.
Ford in India today announced it will restructure its operations with plans to significantly expand its Chennai-based Ford Business Solutions team and bring to market some of Ford’s iconic global vehicles and electrified SUVs while ceasing vehicle manufacturing in India.
Ford Motor Company is issuing a safety recall for select 2016-19 Ford Explorer vehicles for roof rail covers that may become detached from the vehicle while driving and create a hazard for others on the road
Ford Motor Company today announced it will serve customers in the South America region with a portfolio of exciting connected and increasingly electrified SUVs, pickups and commercial vehicles sourced from Argentina, Uruguay and other markets, as Ford Brazil ceases production operations in 2021.
Ford Motor Company today provided selected preliminary first-quarter 2020 and other balance sheet data, as it considers possible additional financing actions while the coronavirus pandemic stalls commerce around the world.
Ford is issuing a safety compliance recall for select 2019 Ford Fusion Energi vehicles that do not meet the enhanced level of high voltage access protection required by Federal Motor Vehicle Safety Standards 305.
Ford Motor Company (NYSE: F) today highlighted its commitment to reinvent the future of mobility by transforming the company through operational fitness and allocating capital to high-growth and high-margin product segments and smart vehicles and services.
Ford Motor Company is issuing a safety recall for certain 2019 Lincoln Nautilus vehicles equipped with lane-centering assist and adaptive front steering because these vehicles may not adequately detect if a driver has his or her hands off the steering wheel.
Ford Motor Company is working with its supply base to offset impacts of a fire that occurred at one of the company’s suppliers last week and is affecting the production of certain vehicles, due to a shortage of die-cast components.
Ford is advising owners of certain additional North America 2006 Ford Ranger vehicles with Takata non-desiccated airbag inflators to stop driving their vehicles and contact their dealers immediately for repairs.
Ford Motor Company today is providing a strategic update to investors, detailing plans to leverage its unique product strengths, trusted brand and global scale to refocus and thrive in an evolving and disruptive period for the auto industry.
We’ve all been there: You’re in a rush, need to drop off your vehicle for a service appointment, and upon arriving at the dealership, you realize a half-dozen other customers are already in line ahead of you.
Ford Motor Company (NYSE: F) today announces it is investing $1 billion during the next five years in Argo AI, an artificial intelligence company, to develop a virtual driver system for the automaker’s autonomous vehicle coming in 2021 – and for potential license to other companies.
As part of the planned expansion of vehicles included in the Takata inflator recalls described in National Highway Traffic Safety Administration’s Takata Coordinated Remedy Order, Ford is expanding its safety recall on vehicles with certain passenger frontal airbag inflators after Takata declared those inflators defective.
Ford Motor Company is expanding a previously announced safety recall regarding door latches to include approximately 1,500,000 additional vehicles at the request of the National Highway Traffic Safety Administration, bringing the total to 2,383,292 vehicles. Affected vehicles include 2013-15 Ford C-MAX and Ford Escape, 2012-15 Ford Focus, 2015 Ford Mustang and Lincoln MKC and 2014-16 Ford Transit Connect.
Ford Motor Company is issuing a regional safety recall in North America for approximately 830,000 2013-15 Ford C-MAX, 2013-15 Ford Escape, 2012-15 Ford Focus, 2015 Ford Mustang and Lincoln MKC, and 2014-16 Ford Transit Connect vehicles sold or ever registered in certain states to replace side door latches.
Ford is issuing a safety recall for approximately 900 2015-2016 Ford Focus Electric vehicles to install a new transmission differential assembly equipped with a friction-reducing coating on both the pinion shaft and pinion gear bores.
Ford Motor Company is issuing a safety compliance recall for approximately 26,400 2011-2013 and 2015 model year F-650 and F-750 vehicles in North America for a safety compliance issue with FMVSS 210 regarding seat belt anchorage.
Ford is issuing a safety compliance recall for approximately 8,000 vehicles in North America, including certain 2015-2016 Ford Explorer, and certain 2015 Taurus and Flex, as well as Lincoln MKS and MKT vehicles for an issue with the parking brake.
Ford Motor Company is issuing a safety compliance recall for approximately 433,000 vehicles in North America, including certain 2015 Focus, C-MAX and Escape vehicles, for an issue with the body control module.
Ford Motor Company engineers have completed a real-world driving experiment with HP, one of the world’s largest technology companies, discovering which commuting commonalities could provide future breakthroughs for better managing fleets, personalized services and recommendations for individual drivers.
– Ford is expanding its safety recalls on vehicles that have certain Takata airbag inflators after Takata declared that those inflators are defective, bringing the total number of Ford vehicles recalled for Takata airbag inflators to 1,509,535 vehicles to date.
DEARBORN, Mich., May 12, 2015 – Ford Motor Company is issuing a safety recall for approximately 12,300 2015-model Ford F-150 vehicles in North America for an upper I-shaft that might have been riveted improperly, potentially causing it to separate.
Ford Motor Company is expanding a safety recall regarding door latches to include approximately 156,000 more vehicles at the request of the National Highway Traffic Safety Administration, bringing the total to 545,906 vehicles in North America.
Ford Motor Credit Company reported a pre-tax profit of $1.9 billion in 2014, its highest since 2011, up from $1.8 billion a year earlier. The improvement is more than explained by higher volume, partially offset by unfavorable lease residual performance in North America and lower financing margin. Ford Credit’s net income was $1.7 billion in 2014, compared with $1.5 billion in the previous year. The increase in net income reflects favorable tax items recorded during the year.
At the request of the National Highway Traffic Safety Administration, Ford is expanding its recall on Takata driver-side airbag inflators. This recall includes approximately 502,489 vehicles, an addition of approximately 447,310 vehicles.
Ford is issuing a safety recall for approximately 730 2015 Ford Mustang vehicles in North America (actual 728) for a potential fuel line leak. A fuel pressure sensor, which is part of the fuel supply tube assembly, may have been installed incorrectly, potentially resulting in a pressurized fuel leak. A fuel leak in the presence of an ignition source may result in a fire.