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Ford Motor Co

Ford launches automated driving unit Latitude AI months after winding down Argo

Ford launches automated driving unit Latitude AI months after winding down Argo

Fri, Mar 03, 2023

Ford, which jointly ran Argo with Volkswagen AG (VOWG_p.DE), booked a $2.7 billion non-cash pre-tax impairment on its investment in the unit and laid off some employees.

Global carmakers to invest at least $90 billion in electric vehicles

Global carmakers to invest at least $90 billion in electric vehicles

Tue, Jan 16, 2018

That money is pouring in to a tiny sector that amounts to less than 1 percent of the 90 million vehicles sold each year and where Elon Musk`s Tesla Inc, with sales of only three models totaling just over 100,000 vehicles in 2017, was a dominant player.

U.S. rejects Ford petition to delay recall of 3 million vehicles

U.S. rejects Ford petition to delay recall of 3 million vehicles

Sat, Nov 18, 2017

The agency said it did not find the request by the second largest U.S. automaker "reasonable under the circumstances or supported by the testing and data it has collected to date."

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Ford replaces CEO Mark Fields with James Hackett as challenges mount

Ford replaces CEO Mark Fields with James Hackett as challenges mount

Mon, May 22, 2017

Ford Motor Co on Monday announced replacing present chief executive officer (CEO) Mark Fields with James Hackett on account of growing concerns among investors over the US carmaker`s stock performance and prospects.

Ford sees lower 2017 profits, takes hit from pensions, Mexico

Ford sees lower 2017 profits, takes hit from pensions, Mexico

Thu, Jan 26, 2017

Ford Motor Co has reported a loss of $783 million in the fourth quarter of 2016.

Automakers, suppliers team up to share costs of self-driving cars

Automakers, suppliers team up to share costs of self-driving cars

Sun, Jan 08, 2017

Automotive suppliers and automakers are expanding alliances to develop self-driving car technology that can serve multiple automakers, as the race to put such vehicles on the road separates companies that can go it alone from those that need help sharing the financial and technical burdens.

Volvo Cars raises $500 million in step towards IPO

Volvo Cars raises $500 million in step towards IPO

Tue, Dec 20, 2016

Geely`s Volvo Cars have raised 5 billion Swedish crowns ($532 million) from a group of Swedish institutional investors in a step towards a listing of the Chinese-owned company.

Google, Ford, Uber plan to form coalition to further self-driving cars

Google, Ford, Uber plan to form coalition to further self-driving cars

Wed, Apr 27, 2016

The group said in a statement it will "work with lawmakers, regulators, and the public to realise the safety and societal benefits of self-driving vehicles."

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