
Ford

Ford CEO Sees Bright Future for Range-Extending Vehicles, Catering to Americans’ Love for Big Cars
February 6, 2025 – Jim Farley, CEO of Ford, stated in a financial earnings call on Wednesday that range-extending electric vehicles (REEVs) will play a crucial role in the American automotive market. His reasoning is straightforward: “Americans love big cars, especially big pickups.” REEVs, which primarily use electric motors for propulsion but also carry a…

Ford CEO Jim Farley Proudly Announces $600 Million Profit in China Last Year
January 13, 2025 – Despite facing numerous challenges in the Chinese market, Ford Motor Company still managed to earn approximately $600 million in profits last year, according to CEO Jim Farley. Speaking at the Detroit Auto Show after unveiling a new car, Farley expressed his pride in Ford’s performance in China. “I’m pleased to report…

Ford Announces 4,000 Job Cuts in Europe Amid Passenger Car Struggles
November 21, 2024 – Ford Motor Company has announced plans to lay off 4,000 employees in Europe, primarily affecting its operations in the UK and Germany. The decision comes as the automaker expresses concerns over the “health” of its passenger vehicle business. According to Ford, the company has suffered “significant” losses in recent years due…

Ford Scales Back Electric Vehicle Production in Europe Amid Slow Sales
November 14, 2024 – Ford Motor Company has announced a production cutback for its Explorer and Capri electric vehicle (EV) models at its Cologne plant in Germany, citing sluggish market demand. It’s worth noting that both models had just entered production in June and September of this year, respectively. According to a Ford spokesperson, the…

Ford CEO Jim Farley Plans to Ditch ‘Boring’ Cars for ‘Iconic’ Models
September 29, 2024 – According to a report by automotive media outlet Motor1, Ford CEO Jim Farley stated in an interview that the company intends to phase out “boring” models and shift its focus towards a series of “iconic” vehicles. Ford has made the decision to discontinue several models, including the Fiesta, Focus, Fusion, and…

Ford CEO Promises ‘Hands-Free, Eyes-Free’ L3 Autonomous Driving Within Years
June 26, 2024 – Ford Motor Company’s CEO, Jim Farley, has revealed that the automaker is set to introduce L3-level autonomous driving technology to consumers in the coming years, enabling drivers to take their hands and eyes off the road while driving on highways. L3 autonomy signifies that a vehicle can operate independently to some…

Ford Appoints Former Samsung SDI Executive to Lead EV Battery Development
November 07, 2023 – According to TheElec, the American automotive giant, Ford, has made a significant move in the electric vehicle (EV) industry by hiring former Samsung SDI Vice President Kim Seung-Hoon to lead their electric vehicle battery development efforts. Sources within the company have revealed that Kim Seung-Hoon has been appointed as Ford’s Chief…

Ford Postpones $12 Billion Electric Vehicle Investment Plan in Response to Market Challenges
October 27, 2023 – Ford Motor Company has announced a postponement of their $12 billion investment plan in electric vehicles, which includes a partnership to build a second battery factory with SK On. During the earnings conference, Ford’s Chief Financial Officer, John Lawler, emphasized that the company remains committed to the electric vehicle sector. Lawler…

From F-150 to ‘Little Raptor’: Ford’s Bold Move with the Surprisingly Affordable Next-Gen Ranger
**August 25, 2023 – Revamp in China’s Auto Market: Ford Unveils Surprisingly Affordable Next-Gen Ranger** In the midst of China’s ever-evolving automobile landscape, even the loftiest joint venture brands find themselves recalibrating their strategies. Today, this transformation takes center stage as Ford launches the eagerly anticipated next-generation Ford Ranger 1st Edition, marking a pivotal moment…

F-150 Lightning Production Set to Soar: REVC Plant Upgrade Complete
August 2, 2023 – Ford, headquartered in Michigan, USA, announced the resumption of production at the Rouge Electric Vehicle Center (REVC) after a six-week period of shutdown for renovation and expansion. The facility is set to continue manufacturing the highly anticipated F-150 Lightning pickup truck. Ford’s CEO, Jim Farley, took to Twitter to share the…
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