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Ford is issuing a safety recall for 538 service replacement steering gears that may have been installed on 2008-2010 Ford F-250 and F-350 Super Duty diesel 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.
The 2015 Ford F-150, which has established a new standard for full-size pickups with best-in-class gasoline fuel efficiency and capability, today was named Truck Trend’s 2015 Pickup Truck of the Year.
Collecting food, stocking shelves, and serving meals are all in a day’s work for Ford volunteers on a Ford Accelerated Action Day. Today, more than 700 Ford employees are on the job in soup kitchens, food banks, shelters and care centers across the U.S., teaming up with nonprofit partners to assist the needy during this holiday season.
Ford advances to the next level in providing customers with more fuel-efficient vehicles, as the new 2015 F-150 lineup includes the highest EPA-estimated fuel economy ratings of any gasoline-powered full-size pickup sold in America.
Quick Lane Tire & Auto Center, Ford Motor Company and Feeding America® are teaming up this fall to tackle an issue that affects one in six Americans: hunger. Starting Nov. 14, supporters can make a $10 donation to Feeding America by texting MEAL to 50555*. The campaign will culminate at the Quick Lane Bowl, which takes place at 4:30 p.m. EST, Dec. 26, at Ford Field in Detroit. Ford’s Quick Lane Tire & Auto Center is title sponsor for this inaugural college football game, which airs nationally on ESPN.
Ford Motor Company again demonstrates manufacturing leadership and innovation as the first all-new F-150 rolls off the line today at historic Ford Rouge Center – marking production of the toughest, smartest, most capable and most efficient F-150 ever.
Ninety-one World War II veterans will travel to the nation’s capital to experience the national war memorials dedicated in their honor. The trip is being organized by Honor Flight Chicago, the local hub of the Honor Flight Network.
Ford Motor Credit Company reported a pre-tax profit of $498 million in the third quarter of 2014, compared with $427 million a year earlier. The higher pre-tax profit was more than explained by higher volume, reflecting increases in nearly all financing products, including non-consumer and consumer finance receivables globally, as well as leasing in North America. Ford Credit’s net income was $718 million in the third quarter of 2014, compared with $272 million in the previous year. The increase was primarily driven by favorable tax items recorded in the third quarter.