Ford News Updates

Business, Technology

Ford Beats Q1 Profit Estimates, Warns of Opaque 2023 Outlook

Ford Motor Co. beat Q1 profit estimates on higher pricing and increased volumes, but left its full-year outlook unchanged over concern about pricing power and economic uncertainty.

May 3, 2023
Government, Business, Technology, Equipment, Fuel

Ford’s F-150 Leaves Tough Choices for EV Tax Credits

While the average gasoline-powered F-150 now sells for almost $63,000 — 25% more than five years ago — the electric version commands a premium of almost 30% over that.

April 21, 2023
Business, Technology, Equipment, Fuel

Ford’s Jim Farley Says Tesla Could Start an EV Price War

Ford Motor Co. CEO Jim Farley said rival Tesla Inc. could start a price war and turn certain electric vehicle models into commodities after it cut prices again.

April 21, 2023
Business, Technology, Equipment, Fuel

Ford: Tennessee EV Plant Could Make 500,000 Trucks a Year

Ford Motor Co. projects its electric F-Series pickup factory under construction in Tennessee will ultimately produce half a million trucks a year, about 40% more than the company forecast in November.

March 24, 2023
Business, Technology, Equipment, Fuel

Ford Sees EV Losses Growing to $3 Billion in 2023

March 22, 2023
Business, Equipment

Ford to Raise Production as Auto Sales Start to Recover

DEARBORN, Mich. — Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022.

March 6, 2023
Business, Technology, Equipment

Ford Extends Shutdown of Electric F-150 Plant

Ford Motor Co. is extending the shutdown of its F-150 Lightning pickup plant for a fourth week as it works to resolve a problem that caused a battery fire in one of the electric trucks.

February 24, 2023
Business, Technology, Equipment, Safety

Ford Halts Production of Electric F-150 After Battery Fire

DEARBORN, Mich. — Ford Motor Co. has suspended production and halted shipments of the F-150 Lightning electric pickup after a battery caught fire during a pre-delivery quality check.

February 16, 2023
Government, Business, Technology

Ford Is Investing $3.5 Billion in EV Battery Plant With China’s CATL

Ford Motor Co. is investing $3.5 billion in an electric vehicle battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy.

February 13, 2023
Government, Business, Technology, Equipment

Ford, China’s CATL Mull Workaround for New US Battery Plant

Ford Motor Co. and China’s Contemporary Amperex Technology Co. Ltd. are considering building a battery manufacturing plant in Michigan in a complex arrangement designed to reap new tax benefits.

December 15, 2022