Inside the auto giants’ efforts to build prototypes and revamp factories to produce tens of thousands of ventilators in time for covid-19 patients.
Tag: Ford
Ford CEO Jim Hackett earns $17.4M in 2019, executive team gets pay raises
CLOSE Ford CEO Jim Hackett received total compensation of nearly $17.4 million in 2019, slightly down from nearly $17.8 million in 2018, according to documents the company released Friday. The Dearborn-based carmaker reported Hackett’s pay was 157 times more than the median compensation for all U.S.-based Ford employees. Jim Hackett, CEO of Motor Company, is pictured here… Continue reading Ford CEO Jim Hackett earns $17.4M in 2019, executive team gets pay raises
Ford CEO Jim Hackett received $17.36 million in compensation in 2019
Ford Motor Co. CEO Jim Hackett in 2019 received $17.36 million in total compensation, the Dearborn automaker reported in a Friday filing with the Securities and Exchange Commission. Hackett’s income last year, his second full year as CEO, fell 2.2% from the $17.75 million the chief executive was paid in 2018. While Hackett’s base salary was steady at $1.8 million and his stock awards were… Continue reading Ford CEO Jim Hackett received $17.36 million in compensation in 2019
Toyota halts Japan production as carmakers slam on the brakes
TOKYO — Toyota Motor suspended production at five plants across Japan on Friday, joining the ranks of automakers throughout the world that have been forced to do the same as the coronavirus pandemic stifles sales. However, Japan’s largest automaker said it hopes its strong cash position can help it endure the pain. “I have said multiple times… Continue reading Toyota halts Japan production as carmakers slam on the brakes
Phantom AI Raises $22M in Series A Funding
Phantom AI, a Burlingame, Calif.-based developer of a vehicle-agnostic autonomous driving platform, raised $22m in Series A financing . The round, which brought the total capital raised to date to $27m, was led by Celeres Investments with participation from Ford Motor Company and KT (Korea’s largest telco) and existing investors Millennium Technology Value Partners and… Continue reading Phantom AI Raises $22M in Series A Funding
@Ford: Ford Temporary Suspension Of European Production Remains At Least Until May 4; Continues Community Support Efforts
Ford today has confirmed that the temporary suspension of vehicle and engine production at most of its European manufacturing sites is now expected to run at least until May 4. Go to Source
Press Releases – Massive ramp-up of truck charging and re-fuelling infrastructure needed, new data reveals
Brussels, 3 April 2020 – The European Automobile Manufacturers’ Association (ACEA) has released new data on the number of charging points and re-fuelling stations required for zero- and low- emission trucks to meet the 2025 and 2030 CO2 targets. In terms of charging points for electric trucks, this means going from close to zero today… Continue reading Press Releases – Massive ramp-up of truck charging and re-fuelling infrastructure needed, new data reveals
@Ford: Sherif Marakby
Sherif Marakby is returning to Ford as the company’s Product Development COVID-19 strategy advisor, effective immediately. Go to Source
@Ford: Amid Coronavirus, Ford Overall U.S. Sales Decline 12.5 Percent – Van and Explorer Sales Buck the Trend Posting Gains; Lincoln Retail Sales up 7 Percent
DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE: F) today reported its first quarter 2020 U.S. sales results. Click here or visit media.ford.com to view the news release. About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks,… Continue reading @Ford: Amid Coronavirus, Ford Overall U.S. Sales Decline 12.5 Percent – Van and Explorer Sales Buck the Trend Posting Gains; Lincoln Retail Sales up 7 Percent
Ford says post-crisis support for U.S. customers ‘would be appropriate’
(Reuters) – Ford Motor Co’s (F.N) U.S. sales chief said on Thursday the automaker believes some level of government stimulus will be needed for consumers once the coronavirus pandemic recedes and that the crisis will spur a permanent shift toward more online vehicle sales in America. FILE PHOTO: The front grill logo of a Ford… Continue reading Ford says post-crisis support for U.S. customers ‘would be appropriate’