Page 3 - Ford

Ford plans to cut 3,200 jobs in Europe; union says, 'vowing a fight'

Ford of Europe produces, sells and services Ford brand vehicles in 50 markets, employing around 45,000 people at its own facilities and consolidated joint ventures, according to its website

Roadblocks on exit route: GM, Ford struggle with lingering staff problems

The two Detroit majors are struggling with lingering employee problems as they seek to drive out of the Indian market

Ford recalls more than 55,000 F-150 vehicles due to wiper motor issue

Ford is recalling more than 550,00 F-150 vehicles in the US and Canada because the front windshield wiper motor may stop functioning, causing the wipers to stop working. The automobile maker said that the inoperative windshield wipers on the 2021-2022 models can reduce visibility in certain conditions, which could increase the risk of a crash. Ford Motor Co. is recalling 453,650 of the vehicles in the US and 103,076 in Canada. Recall notification letters are expected to be mailed in the US on January 3. Dealers will replace the front windshield wiper motor for free.

Tata Steel's Dutch arm signs MOU to supply Ford with green steel after 2030

Tata Steel's Dutch arm plans to supply Ford plants in Europe with "green" steel after 2030, under a preliminary agreement reached by the two companies on Tuesday

Ford announces shuffling of management, seeks new global supply chain head

Ford is restructuring its vehicle development and supply chain operations, shuffling multiple executives just days after announcing that it would build up to 45,000 vehicles with parts missing due to shortages. The Dearborn, Michigan, automaker gave some executives new roles and said that its chief financial officer will begin reworking supply chain operations until a new global purchasing chief is hired. The changes arrive at a time of profound change for Ford and the auto industry, which for more than a century have made a living by selling petroleum-powered vehicles. The company has plans for half of its global production to be electric vehicles by 2030, but like its main competitors, Ford will need to keep selling gas-burning vehicles to fund the massive transition. Earlier this year CEO Jim Farley split the company into two units, Ford Model e to develop electric vehicles, and Ford Blue to handle internal combustion cars, trucks and SUVs. Early Thursday, Ford announced that CF

Ford India, Unions reach final severance deal for Chennai unit employees

Company will revise final severance pay to 140 days of gross wages per completed year of service, compared with 130 days earlier. A one-time lump sum of Rs 1,50,000 will be paid as well

Wall Street drops 1% with all eyes on Fed policy decision on Wednesday

The benchmark US 10-year Treasury yield hit 3.58%, its highest level since April 2011; Ford sees additional $1 bn in inflationary costs, shares fall

Ford India offers final severance package for Chennai unit employees

It is on average equivalent to 130 days of gross wages per completed year of service, firm says

US: Ford recalls SUVs for their heating and cooling fans can catch fire

Ford is recalling nearly 200,000 large SUVs in the US because the heating and cooling fan motors can fail and catch fire. The recall covers Ford Expeditions and Lincoln Navigators from the 2015 through 2017 model years. The Dearborn, Michigan, company says in government documents that it has reports of 25 fires caused by the motors, which are behind the glove box. Thirteen fires were limited to the blower motor area, while 12 involved extensive damage to the SUVs. Three fires damaged structures and one damaged another vehicle. One person reported injuries to their hand and fingers, and all fire reports indicated that the vehicles were running at the time of the incident, Ford said in documents posted on Thursday by the National Highway Traffic Safety Administration. Dealers will replace the front blower motor assembly at no cost to owners, who will be notified starting September 12.

Elon Musk responds to Ford CEO Jim Farley's pickup truck jab

After Ford CEO Jim Farley took a playful dig at Elon Musk, the tech billionaire has shared a lighthearted response to the playful pickup truck jab from him.

Take that, Elon Musk: Ford CEO dares Tesla boss over EV pickup trucks

Drawing a comparison between Tesla's long-delayed Cybertruck and Ford's plug-in pick up -- F-150 Lightning, Jim Farley took a dig at Musk while announcing a major investment in a solar energy

Ford India Unions call off month-long strike, return to discussion table

Company revises severance package to 121 days from 115 earlier

Foxconn likely to set up EV manufacturing unit in India through Foxtron

Buzz is that the company may look at the Ford India unit near Chennai for its new facility; sources say group was already betting big in EV components through Bharat FIH

About 50% of Ford's Chennai employees agree to restart production: Official

Unions refute claim, say only 350-odd employees are heading back to shopfloor

Car review: Jeep makes a smooth comeback, not a moment too soon

The new Jeep Meridian, which is essentially a three-row extension of the Compass, is much more your full-fledged off-roader with a hard suspension and a larger frame

Striking Ford India workers' only hope: Tamil Nadu govt will save jobs

The closure of the Ford factory at Maraimala Nagar will affect a total of around 40,000 jobs in total because the factory jobs are linked to many ancillary units which employ unorganised workers

Ford India workers' protest for better severance package enters Day 4

The management is reportedly considering a 'loss of pay' option for the striking staff

Ford India workers waiting for good compensation for loss of jobs

About 2,000 workers of Ford India's plant near that will be shutdown soon, are hoping for some good news from the management in respect of their severance package, said a union official

Tata Motors to charge up its EV business with Ford Sanand plant buy

TaMo to take over land, plant building, machinery, and vehicle assembly along with all workers employed by the unit

Ford drops plan to manufacture EVs in India; opts out of PLI scheme

At that time, the company said it was exploring the possibility of using one of its plants in India to produce electric cars for exports