Ford Trucks Post Double-Digit Gains, with F-Series Marking Its 15th Consecutive Month of Year-over-Year Increases; Retail Sales of Lincoln Navigator Up 65 Percent

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 Trucks Post Double-Digit Gains, with F-Series Marking Its 15th Consecutive Month of Year-over-Year Increases; Retail Sales of Lincoln Navigator Up 65 Percent

Britain’s car industry cautions: No-deal Brexit is our nightmare

LONDON (Reuters) – A no-deal Brexit would seriously damage the car industry in Britain and the European Union by raising costs and sowing chaos for carmakers and consumers alike, the head of Britain’s car industry warned on Tuesday. FILE PHOTO: Workers assemble cars at the plant for the Mini range of cars in Cowley, near… Continue reading Britain’s car industry cautions: No-deal Brexit is our nightmare

Fiat Chrysler loses Sergio Marchionne with bumpy road ahead

Fiat Chrysler Automobiles was facing an uncertain future even before the man who led its unlikely turnaround became gravely ill. After he became incapacitated from complications with a shoulder surgery, the company was forced to hastily replace Sergio Marchionne as chief executive over the weekend. Fiat Chrysler now must find a way to deal with… Continue reading Fiat Chrysler loses Sergio Marchionne with bumpy road
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Ford Delivers Second Quarter $1.1B Net Income, $1.7B Adj. EBIT; North America Building Momentum; Restructuring Opportunities Identified Globally

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 Second Quarter $1.1B Net Income, $1.7B Adj. EBIT; North America Building Momentum; Restructuring Opportunities Identified Globally

Ford GT output lags; Multimatic vows to fill all orders

A 2018 Ford GT 1967 Heritage Edition at the Los Angeles auto show in Nov. 2017. Photo credit: BLOOMBERG Multimatic Inc., the Canadian supplier that builds the Ford GT, hit only 55 percent of its production target for the 2017 model year, although it still plans to complete every order for the $450,000 supercar. The… Continue reading Ford GT output lags; Multimatic vows to fill all orders

Ford creates new self-driving vehicle unit

(Reuters) – Ford Motor Co said on Tuesday it created a new unit called Ford Autonomous Vehicles LLC as it looks to accelerate its autonomous vehicle business. FILE PHOTO: The Ford logo is pictured on the company’s stand during the 88th Geneva International Motor Show in Geneva, Switzerland, March 7, 2018. REUTERS/Denis Balibouse The No.… Continue reading Ford creates new self-driving vehicle unit

Volta’s ad-supported electric vehicle charging service raises $35 million

As increasing numbers of electric vehicles are expected to hit the streets, thanks to new models from big automakers soon hitting the market, charging networks like Volta Charging are raising new cash to meet the expected demand.  The company today said it raised $35 million from investors led by the Invenergy Future Fund, the technology investment arm… Continue reading Volta’s ad-supported electric vehicle charging service raises $35 million

New FCA CEO Manley a 'brilliant' exec

In this file photo taken on January 15, 2018 Mike Manley, the then-head of Ram brand, speaks at the 2018 North American International Auto Show. Fiat Chrysler appointed Manley as new CEO on Saturday. (Photo: Jewel Samad, AFP/Getty Images)   As the man who guided Jeep and Ram to meteoric success, Mike Manley’s sense of humor… Continue reading New FCA CEO Manley a 'brilliant' exec