Business Standard

Page 4 - Ford

Ford's shuttered India factories may be reborn in EV push

While it's difficult for US carmaking giants to make any meaningful inroads in India, EVs could offer another opportunity to take a shot in the market of 1.4 bn people

Ford's shuttered India factories may be reborn in EV push
Updated On : 11 Apr 2022 | 11:52 PM IST

Ford recalls 737,000 vehicles to fix oil leaks, trailer brakes

Dealers will update brake control software. Owners will be notified starting April 18

Ford recalls 737,000 vehicles to fix oil leaks, trailer brakes
Updated On : 01 Apr 2022 | 7:11 PM IST

Ford says it will ramp up electric vehicles in Europe

Ford says it will have three new electric passenger vehicles and four new electric commercial vehicles in Europe by 2024, part of the automaker's continued push to grow its presence in the EV market. Ford Motor Co. said Monday that it plans to sell more than 600,000 electric vehicles in the Europe by 2026. It anticipates producing 1.2 million electric vehicles in Cologne, Germany over six years. Ford will start production of an all-new electric passenger vehicle, a medium-sized crossover, in Cologne next year. A second electric vehicle will be added to the Cologne production line-up in 2024. An electric version of the Ford Puma will be made in Craiova, Romania beginning in 2024. For commercial vehicles, the Transit will include four new electric models the Transit Custom one-tonne van and Tourneo Custom multi-purpose vehicle in 2023, and the smaller, next generation Transit Courier van and Tourneo Courier multi-purpose vehicle in 2024. I am delighted to see the pace of change in .

Ford says it will ramp up electric vehicles in Europe
Updated On : 14 Mar 2022 | 10:09 PM IST

Ford to invest $50 billion on EV business to compete against Tesla

The automaker aims to produce more than 2 million electric vehicles annually by 2026, representing about one-third of Ford's global volume

Ford to invest $50 billion on EV business to compete against Tesla
Updated On : 03 Mar 2022 | 11:20 AM IST

Ford splits electric vehicle, internal combustion into separate units

Ford is splitting its electric vehicle and internal combustion divisions into separate businesses. The automaker said Wednesday that its plan includes two distinct, but strategically interdependent, auto businesses Ford Blue focusing on traditional combustion engines and Ford Model e, which will develop electric vehicles. Ford is already developing electric vehicles like the Ford GT, Mustang Mach-E SUV and F-150 Lightning pickup and it operates an EV division in China. Ford also has Ford Pro, which serves as a one-stop shop for commercial and government customers with a range of conventional and electric vehicles and a full suite of software, charging, financing, services and support on Ford and non-Ford products.

Ford splits electric vehicle, internal combustion into separate units
Updated On : 02 Mar 2022 | 7:23 PM IST

Ford recalls nearly 250,000 heavy-duty pickups over drive shaft issue

The recall covers certain F-250 and F-350 Super Duty pickups from the 2017 through 2022 model years. The trucks have gasoline engines and aluminum drive shafts

Ford recalls nearly 250,000 heavy-duty pickups over drive shaft issue
Updated On : 24 Feb 2022 | 7:44 PM IST

Ford CEO says no plan to spin off EV business, but change coming

Shares of Ford, which is based in Dearborn, Michigan, fell 2% to $16.95 Wednesday. They have lost about one-third of their value since hitting a 2022 high on Jan. 14.

Ford CEO says no plan to spin off EV business, but change coming
Updated On : 24 Feb 2022 | 7:51 AM IST

Ford partners with GlobalFoundries to increase chip supplies

The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup

Ford partners with GlobalFoundries to increase chip supplies
Updated On : 19 Nov 2021 | 12:39 AM IST

Ford, Purdue partner on technology to speed up EV charging

Ford and Purdue University are partnering to develop a new charging station

Ford, Purdue partner on technology to speed up EV charging
Updated On : 10 Nov 2021 | 9:52 PM IST

Tata Motors likely frontrunner to take over Ford's Chennai unit

Group Chairman Chandrasekaran, Tata Motors top-level delegation meet Stalin in a span of 2 weeks

Tata Motors likely frontrunner to take over Ford's Chennai unit
Updated On : 08 Oct 2021 | 1:43 AM IST

Ford to invest in electric vehicle production, create 11,000 jobs

The auto company is in the race to catch up with the electric car company Tesla

Ford to invest in electric vehicle production, create 11,000 jobs
Updated On : 28 Sep 2021 | 4:22 PM IST

Ford family member named head of global brand merchandising

A member of a new generation of Ford family members is taking on another leadership role at the automaker.

Ford family member named head of global brand merchandising
Updated On : 27 Sep 2021 | 9:00 PM IST

Ford wakes up badly burnt from its India dream: Here's what went wrong

Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.

Ford wakes up badly burnt from its India dream: Here's what went wrong
Updated On : 17 Sep 2021 | 1:48 PM IST

FADA seeks clarity from Ford on compensation structure for dealers

Automobile dealers' body FADA has sought clarity from Ford about the compensation structure it is working out for its dealer partners after announcing the closure of its two manufacturing plants

FADA seeks clarity from Ford on compensation structure for dealers
Updated On : 17 Sep 2021 | 12:08 AM IST

No easy rides: Why is India becoming a graveyard for world's auto majors?

India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, writes T N Ninan

No easy rides: Why is India becoming a graveyard for world's auto majors?
Updated On : 14 Sep 2021 | 10:03 AM IST

Ford Motor ceasing production in India leaves its workers high and dry

Company in talks with automakers to sell Chennai plant, says govt official

Ford Motor ceasing production in India leaves its workers high and dry
Updated On : 11 Sep 2021 | 3:18 AM IST

Three stories make a trend

'Make in India as it stands has been a failure', says the author

Three stories make a trend
Updated On : 11 Sep 2021 | 12:02 AM IST

Ford's manufacturing decision won't reflect on Indian businesses: Report

A senior government source on Friday said the decision in no way reflects on the business environment in the country and is rather linked to operational issues.

Ford's manufacturing decision won't reflect on Indian businesses: Report
Updated On : 10 Sep 2021 | 7:06 PM IST

Top headlines: PM chairs meet on Covid situation; PNB to raise Rs 6k cr

Business Standard brings you the top headlines on Friday

Top headlines: PM chairs meet on Covid situation; PNB to raise Rs 6k cr
Updated On : 10 Sep 2021 | 5:45 PM IST

Ford in talks with another auto firm for Chennai unit handover: TN govt

Last year, Ford was in talks with Ola and M&M for contract manufacturing or for sale of both plants. It isn't clear whether the current talks are with the same companies or not

Ford in talks with another auto firm for Chennai unit handover: TN govt
Updated On : 10 Sep 2021 | 2:16 PM IST