CLOSE Ford and Rivian put their plans on ice to jointly develop a Lincoln-brand electric vehicle, a Lincoln spokeswoman confirmed on Tuesday. Ford said the current economy has created new and unexpected challenges, so this particular project is being postponed, said Angie Kozleski, Lincoln spokeswoman. The environment is changing rapidly. Just as any prudent business would do, we… Continue reading Ford kills Rivian deal with Lincoln (for now) amid economic challenges during pandemic
Tag: Ford
@Ford: Statement on Lincoln and Rivian Fully-Electric Vehicle Development
Given the current environment, Lincoln and Rivian have decided not to pursue the development of a fully electric vehicle based on Rivian’s skateboard platform. Go to Source
@Ford: Ford Motor Company Issues Equipment Recall for Incorrect Replacement Headlamps for Select 2013-16 Lincoln MKZ Vehicles
Ford Motor Company is issuing an equipment recall for certain replacement handlamps. Go to Source
@Ford: Ford Protecting People, Preserving Cash, Preparing for Recovery As Pandemic Stops Most Operations, Drives Down Q1 Results
Ford Motor Company (NYSE:F) today reported its 2020 first quarter financial results. Go to Source
Ford cancels Lincoln electric vehicle program with Rivian
Lincoln Motor, the luxury brand under Ford, has canceled plans to build an all new electric vehicle based on Rivian’s skateboard platform. Crain’s Detroit reported that dealers were informed Tuesday. Rivian and Ford said in a statement sent to TechCrunch that this was a mutual decision based on the current environment, which was meant to… Continue reading Ford cancels Lincoln electric vehicle program with Rivian
Lincoln, Rivian cancel plans to co-develop EV because of pandemic
Ford Motor Co. and Plymouth-based electric vehicle startup Rivian Automotive LLC have canceled plans to develop a new electric vehicle for the Lincoln luxury brand because of the COVID-19 outbreak, the companies told dealers Tuesday. The SUV would have been Lincoln’s first fully electric vehicle. But with plants likely to be shut down for about… Continue reading Lincoln, Rivian cancel plans to co-develop EV because of pandemic
Fiat Chrysler ‘re-evaluating’ May 4 resumption date
Fiat Chrysler Automobiles NV on Monday said it is delaying indefinitely its plans to resume vehicle production in North America. It previously said it would progressively ramp up manufacturing starting May 4. “In light of the updated state stay in place orders, the Company is re-evaluating its plans to resume its North American operations and… Continue reading Fiat Chrysler ‘re-evaluating’ May 4 resumption date
Ford set to restart main European car factories on Monday 4 May
Automotive industry Production will begin slowly with UK plants remaining shut until later in the spring An employee works on the production line at the Ford plant in Saarlouis, Germany, in 2007. It is set to reopen on Monday 4 May. Photograph: Ralph Orlowski/Getty Images Ford said it would restart its main European car factories… Continue reading Ford set to restart main European car factories on Monday 4 May
Tesla’s Musk nears $750 million options payday ahead of results
OAKLAND, Calif. (Reuters) – Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly $750 million payday as the electric carmaker’s stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on… Continue reading Tesla’s Musk nears $750 million options payday ahead of results
GM, Ford grab attention of ’60 Minutes’ and White House – Detroit Free Press
CLOSE General Motors and Ford Motor Co. have gone from building cars to making medical gear. That’s not an easy shift for automakers to pull off and it is getting the attention of CBS’s “60 Minutes” and the White House. The automakers will be featured on “60 Minutes” this Sunday, detailing how they switched gears to help the country… Continue reading GM, Ford grab attention of ’60 Minutes’ and White House – Detroit Free Press