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