Tag: Ford

Ford plant line to shut for five days

Staff at Ford’s plant in Bridgend working on the new Jaguar engine have been told not to come into work for five days. The AJ production line at the plant will shutdown from 29 October to 2 November, the GMB union confirmed. Letters were sent to directly staff this week without informing union officials in… Continue reading Ford plant line to shut for five days

Bruce Hettle

Bruce Hettle was group vice president, Manufacturing and Labor Affairs through October 1, 2018, when he retired from Ford. In this role, Hettle oversaw the global operations of 67 assembly, stamping and powertrain plants. He was also responsible for the company’s worldwide engineering support for stamping, vehicle and powertrain manufacturing, as well as Ford’s Material… Continue reading Bruce Hettle

MIT reveals who self-driving cars should kill: The cat, the elderly, or the baby?

It is a classic problem and a test of where our morality lies: if a runaway trolley is uncontrollably heading down a set of tracks and you have the ability to use a lever and choose between either five people or one, what would you do? Featured stories Extend this to cars: would we prefer… Continue reading MIT reveals who self-driving cars should kill: The cat, the elderly, or the baby?

Volvo Cars reports third quarter and first nine months 2018 results

Volvo Cars reports third quarter and first nine months 2018 results   CEO Håkan Samuelsson:   Volvo Cars’ growth remained strong in the third quarter with a 14 per cent increase in retail sales and an 18 per cent revenue increase. Compared to last year, the profitability was influenced by product launch costs, higher tariffs… Continue reading Volvo Cars reports third quarter and first nine months 2018 results

Ford Delivers Third Quarter $1.0B Net Income; $1.7B Adj. EBIT; On Track to Achieve Full-Year Adjusted EPS Guidance in the Range of $1.30 to $1.50

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, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Delivers Third Quarter $1.0B Net Income; $1.7B Adj. EBIT; On Track to Achieve Full-Year Adjusted EPS Guidance in the Range of $1.30 to $1.50

UPDATE 2-Ford third-quarter profit beats estimates, shares rise

DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday reported slightly higher-than-expected third-quarter profit and stuck to its targets for the year, raising investor hopes for a strong fourth quarter and sending its shares up 7 percent after hours. The logo of the Ford Motor Company is seen outside a car dealership in Cape Town,… Continue reading UPDATE 2-Ford third-quarter profit beats estimates, shares rise

Volvo Cars Tech Fund invests in electric car charging company FreeWire

Volvo Cars Tech Fund invests in electric car charging company FreeWire   Volvo Cars has acquired a stake in electric car charging company FreeWire Technologies via the Volvo Cars Tech Fund, deepening the company’s commitment to a fully electric future.   While Volvo Cars’s electrification strategy does not envision direct ownership of charging or service… Continue reading Volvo Cars Tech Fund invests in electric car charging company FreeWire

Ford, Fiat and Nissan ads banned

Three different carmakers have had ads banned for encouraging unsafe driving. Two ads for Ford Mustang cars fell foul of the Advertising Standards Authority (ASA) after viewers complained that they showed driving as a way of releasing anger. The ASA also ruled against a Nissan Micra ad which it said depicted driving at excessive speeds.… Continue reading Ford, Fiat and Nissan ads banned