UPDATE 1-Ford chairman says ‘fairly large’ changes in store for automaker

* Still ‘big things to do’ – Ford chairman * Restructuring could affect regional operations * Savings may fund technology, restructuring, shareholder returns (Adds context on Ford’s reliance on truck sales, closing share price) By Joseph White DETROIT, May 9 (Reuters) – Ford Motor Co shareholders should expect “fairly large” changes in the coming year,… Continue reading UPDATE 1-Ford chairman says ‘fairly large’ changes in store for automaker

Ford Takes Steps to Ensure Supply Continuity and Availability of Products for Customers Despite Fire at Parts Supplier

Ford Motor Company said it is working to mitigate U.S. production losses after a May 2 fire at a parts supplier Parts shortages resulting from the fire at Meridian Magnesium Products of America’s plant supply issue is currently impacting F-150 production at Ford’s Kansas City Assembly and Dearborn Truck plants. Other plants and products have… Continue reading Ford Takes Steps to Ensure Supply Continuity and Availability of Products for Customers Despite Fire at Parts Supplier

Ford Motor Company to Provide Update on Response to Meridian Magnesium Products of America Fire, Parts Issue

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 Motor Company to Provide Update on Response to Meridian Magnesium Products of America Fire, Parts Issue

Ford chairman says ‘fairly large’ changes in store for automaker

DETROIT (Reuters) – Ford Motor Co (F.N) shareholders should expect “fairly large” changes in the coming year, Executive Chairman Bill Ford Jr. told Reuters, building on the automaker’s moves to discontinue some North American models and boost electric vehicle investment. FILE PHOTO: Bill Ford, executive chairman of the Ford Motor Company speaks at the Ford… Continue reading Ford chairman says ‘fairly large’ changes in store for automaker

FAURECIA INVESTS IN POWERSPHYR TO ENHANCE ITS TECHNOLOGY OFFERING FOR COCKPIT CONNECTIVITY

Faurecia, one of the world’s leading automotive technology companies, today announced an investment in Powersphyr, a Silicon Valley start-up to accelerate the Group’s solutions for a smart and connected Cockpit of the Future. Powersphyr is a leading provider of innovative wireless charging solutions focused on automotive, consumer, and industrial markets. Their easy-to-use solutions can be… Continue reading FAURECIA INVESTS IN POWERSPHYR TO ENHANCE ITS TECHNOLOGY OFFERING FOR COCKPIT CONNECTIVITY

Lyft’s monthly subscription plan gets a waitlist

Lyft is moving ahead with tests of the All-Access plan, a monthly subscription service for rides through the Lyft platform. In the next couple of hours, a select group of riders will see an option to sign up for a waitlist to be part of Lyft’s next round of All-Access invitations. “Testing our newest All-Access… Continue reading Lyft’s monthly subscription plan gets a waitlist

Faurecia Invests In Powersphyr To Enhance Its Technology Offering For Cockpit Connectivity

AUBURN HILLS, Mich., May 9, 2018 /PRNewswire/ — Faurecia, one of the world’s leading automotive technology companies, today announced an investment in Powersphyr, a Silicon Valley start-up to accelerate the Group’s solutions for a smart and connected Cockpit of the Future. Powersphyr is a leading provider of innovative wireless charging solutions focused on automotive, consumer,… Continue reading Faurecia Invests In Powersphyr To Enhance Its Technology Offering For Cockpit Connectivity

Nissan CEO Carlos Ghosn: 188 miles is enough for electric cars; now prices must be cut

2018 Nissan Leaf with EVgo fast charger at NJ Turnpike Molly Pitcher travel plaza, Feb 2018 Enlarge Photo At about 188 miles, the range of today’s electric cars is enough. It’s the price that needs to come down. So says Carlos Ghosn, an electric-car pioneer among CEOs of mainstream automakers. Ghosn made the statement at… Continue reading Nissan CEO Carlos Ghosn: 188 miles is enough for electric cars; now prices must be cut

Wheels partners with Uber for Business to expand mobility options for fleets

DES PLAINES, Ill., May 9, 2018 /PRNewswire/ — Wheels, Inc., a leader in the automotive fleet management industry, is pleased to announce its partnership with Uber for Business, a platform that allows companies to manage ground transportation with Uber.  The new partnership offers a solution that enables fleets to gain visibility into their ride-hailing activity. “We… Continue reading Wheels partners with Uber for Business to expand mobility options for fleets

Ford Explores Cleaner Air and Increased Productivity for Cities, Expands Transit Plug-in Hybrid Van Trial to Valencia

Ford is to extend research into the use in urban areas of plug-in hybrid electric vans that run solely on electric power for most city trips Working with the regional government of Valencia and the Valencia City leadership, the company seeks to better understand benefits both for the environment and for customers The Transit Custom… Continue reading Ford Explores Cleaner Air and Increased Productivity for Cities, Expands Transit Plug-in Hybrid Van Trial to Valencia