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Ford Motor

Ford Motor Co will pay a penalty of up to $165 million to the US government for moving too slowly on a recall and failing to give accurate recall information. The National Highway Traffic Safety Administration says in a statement Thursday that the civil penalty is the second-largest in its 54-year history. Only the fine Takata paid for faulty air bag inflators was higher. The agency says Ford was too slow to recall vehicles with faulty rear-view cameras, and it failed to give the agency complete information, which is required by the Federal Motor Vehicle Safety Act. Ford agreed to a consent order with the agency that includes a payment of $65 million, and $45 million in spending to comply with the law. Another $55 million will be deferred. Timely and accurate recalls are critical to keeping everyone safe on our roads, NHTSA Deputy Administrator Sophie Shulman said in the statement. When manufacturers fail to prioritize the safety of the American public and meet their obligations un

Updated On: 15 Nov 2024 | 6:56 AM IST

Now, three years since Ford's exit, the used car market is seeing higher demand for Ford vehicles

Updated On: 11 Oct 2024 | 6:58 PM IST

The American automobile giant plans a third entry into India, reviving its Chennai facility in Maraimalai Nagar, with an annual capacity of 200,000 vehicles and 340,000 engines for export

Updated On: 16 Sep 2024 | 11:06 AM IST

The Chennai unit of Ford, spread across an area of 350 acres, had an annual production capacity of around 200,000 vehicles and 340,000 engines

Updated On: 16 Sep 2024 | 12:28 AM IST

American automaker Ford on Friday said it is preparing to utilise its Chennai manufacturing plant to roll out vehicles for exports and has intimated the same to the Tamil Nadu government. The company which in 2021 had said that it would stop manufacturing vehicles in India, has submitted a Letter of Intent (LOI) to the Tamil Nadu government, confirming its intention to utilise the Chennai plant for manufacturing for exports. The announcement follows a meeting between Ford leadership and Tamil Nadu Chief Minister MK Stalin as part of his visit to the United States, Ford said in a statement. "This step aims to underscore our ongoing commitment to India as we intend to leverage the manufacturing expertise available in Tamil Nadu to serve new global markets," Ford International Markets Group President Kay Hart said. Ford said the strategic move will see the facility repurposed to focus on manufacturing for export to global markets, as part of the company's ambitious 'Ford+ growth ...

Updated On: 13 Sep 2024 | 1:01 PM IST

Tamil Nadu Chief Minister M K Stalin visited Ford headquarters in Michigan on Tuesday and held detailed discussions with its top management, urging them to restart production

Updated On: 11 Sep 2024 | 11:10 PM IST

Chief Minister M K Stalin, who is on a US tour, called on officials of Ford Motor in Chicago and deliberated on the possibility of renewing the company's ties with Tamil Nadu, the state government said on Wednesday. Stalin visited Ford officials including President, International Markets Group, Kay Hart on September 10, 2024, and urged them to revive car manufacturing and expand their global (technology/business) centre in Chennai, an official release said. Ford stopped production at its plant here a few years ago. The CM said in a post on 'X': "Had a very engaging discussion with the team from @Ford Motors! Explored the feasibility of renewing Ford's three decade partnership with Tamil Nadu, to again make in Tamil Nadu for the world!" Also, the government said the chief minister met top officials, including national president, Jagadeesh Mosali of IT Serve Alliance, the voice of IT companies functioning across the United States and urged them to make investments in Tamil Nadu. On

Updated On: 11 Sep 2024 | 7:00 PM IST

Tamil Nadu CM MK Stalin discussed reviving Ford's partnership with the state to produce vehicles for exports. Ford Motor exited India in 2021 after failing to turn profitable amid stiff competition

Updated On: 11 Sep 2024 | 11:22 AM IST

Ford Business Solutions in the city behind popular models, such as F-Series, Explorer, Transit, and Ranger

Updated On: 22 Aug 2024 | 11:56 PM IST

In the event of an engine failure, engine oil and fuel may be released into the engine compartment and accumulate near ignition sources such as hot engine

Updated On: 16 Aug 2024 | 4:01 PM IST

Analysts at Piper Sandler cited these 'unwelcome warranty headwinds' as the reason for the stock slump

Updated On: 25 Jul 2024 | 11:09 PM IST

If there are rock stars in philanthropy, Darren Walker, the president of the Ford Foundation, is one of them. And he's about to exit the stage. Walker, 64, has been named one of Rolling Stone's 25 People Shaping the Future and Time's 100 Most Influential People as he led one of the original American philanthropies since 2013. The foundation said Monday that he will step down from his role by the end of 2025. A search committee has been convened to find Walker's replacement, said Ford Foundation board chair Francisco Cigarroa. Walker "has guided Ford through some of the most challenging moments of our time with grace, kindness, and empathy, and his tenure will be remembered as one of the most consequential periods in the institution's nearly 90-year history, Cigarroa said in a statement. A former corporate attorney and chief operating officer of the Harlem-based Abyssinian Development Corporation, Walker oversaw major investments in advocating for gender equity and disability rights

Updated On: 23 Jul 2024 | 7:09 AM IST

Earlier, a trade group representing General Motors, Toyota Motor, Volkswagen, Ford and nearly all other major automakers on Monday said it supported two key aspects of the rule

Updated On: 21 May 2024 | 9:19 AM IST

General Motors, Ford and other automakers which struck deals last year to give customers access to the network said they are not changing their plans

Updated On: 01 May 2024 | 10:15 PM IST

The investigation will evaluate the system's performance on the dynamic driving task and driver monitoring, the NHTSA said

Updated On: 29 Apr 2024 | 10:12 PM IST

Under Petersen, Ford's ad slogan became 'Quality is Job One'

Updated On: 26 Apr 2024 | 9:28 AM IST

Ford is recalling more than 4,56,000 Bronco Sport and Maverick vehicles due to a battery detection issue that can result in loss of drive power, increasing crash risks. According to documents published by the National Highway Traffic Safety Administration, the body and power train control modules for these cars may fail to detect changes in battery charge. And when undetected, a low battery charge can cause an unexpected loss of drive power including sudden stalling or inability to restart and the use of other electric capabilities like hazard lights. The recall covers about 403,000 model year 2021-2024 Bronco Sports produced between February 2020 and March 2024, as well as more than 53,000 model year 2022-2023 Mavericks manufactured from February 2021 to October 2022, a recall report dated Friday notes. To remedy this issue, dealers will recalibrate the impacted vehicles' body and power train control modules at no cost. Owner notification letters are set to be mailed out on May 1

Updated On: 17 Apr 2024 | 11:33 PM IST

US auto safety regulators are investigating complaints that more than 540,000 Ford pickup trucks can abruptly downshift to a lower gear and increase the risk of a crash. The National Highway Traffic Safety Administration says in documents posted on its website Friday that it opened the investigation this week after receiving 86 consumer complaints about the problem with the trucks' automatic transmissions. Investigation documents say the probe covers F-150s from the 2014 model year. The agency is looking into whether those trucks should have been included in previous recalls for the problem. The complaints allege that the trucks can suddenly shift to a lower gear without warning. Often, the rear wheels locked up, with one consumer telling the agency that his truck downshifted abruptly, causing it to crash into a concrete barrier and another vehicle. Both the pickup driver and the driver of the other vehicle were hurt. The company said it's working with NHTSA to support the ...

Updated On: 30 Mar 2024 | 7:27 AM IST

The JSW Group had finalised an agreement to buy the Ford plant for around $100 million, but Ford called off the deal as it is no longer looking to sell the factory

Updated On: 20 Dec 2023 | 11:25 AM IST

Automakers are dealing with ongoing strikes by the United Auto Workers union that has led to total economic losses of $7.7 billion through Oct. 12

Updated On: 18 Oct 2023 | 7:15 PM IST